Baht Experiences Greater Volatility Against the Dollar Compared to Regional Peers
The baht has been showing more volatility against the US dollar compared to its regional counterparts, primarily due to market anticipations surrounding a potential US policy rate cut and high…
Really Cool Airlines Faces Delays in Launch Due to Global Widebody Aircraft Shortage
A global shortage of both new and used widebody aircraft is causing delays for Really Cool Airlines (LUV), according to CEO Patee Sarasin in an interview with the Bangkok Post.…
Gold Prices Decline as Baht Strengthens
The domestic gold price has decreased by 2,000 baht per baht weight in just over a month, coinciding with a more than 7% appreciation of the Thai currency during that…
Implementation of 400-Baht Daily Wage Plan to Proceed
Labour Minister Phiphat Ratchakitprakarn is committed to implementing a nationwide increase in the daily wage to 400 baht on October 1, despite concerns from businesses regarding the potential negative impact…
Hat Yai Unveils Plans to Become the South’s Health and Wellness Hub
Hat Yai has announced its ambition to become a medical and wellness hub in the southern region of Thailand. Sitthisak Tonmongkol, secretary-general of the Hat Yai Economic Forum (HEF), revealed…
Singapore Changi Airport to build the new Terminal 5
Singapore will commence construction of a new mega terminal at Changi Airport in the first half of next year, with the goal of increasing the aviation hub’s annual passenger capacity…
Turbulence Injures Seven on Scoot Flight to China
Seven individuals were injured, including one who was hospitalized, after a plane operated by Singapore Airlines Ltd’s budget carrier Scoot experienced turbulence during a flight from Singapore to Guangzhou, China,…
Ministry to Address Surge of Chinese Goods
The Commerce Ministry has pledged to address the influx of Chinese products into Thailand, according to Minister Pichai Naripthaphan. During a statement on Saturday, he indicated that the ministry would…
New Legislation Proposed to Tax Overseas Income
The Thai Revenue Department is in the process of drafting a law to impose taxes on income earned by individuals residing in Thailand from foreign sources. According to Kulaya Tantitemit,…
AoT Sets Ambitious Goals with New Airport Plans
Airports of Thailand (AoT) has announced plans to expand its six international airports to accommodate up to 210 million passengers by 2032. On Friday, AoT director Kerati Kijmanawat presented the…