Cathay’s Airbus Fleet Set to Resume Full Service on Saturday
On Wednesday, Cathay Pacific Airways announced that its Airbus A350 fleet would return to full operations by Saturday. This comes after the airline identified 15 aircraft that required fuel line…
Temu’s Impact May Escalate Price Wars
While it remains early to assess the long-term effects of Temu, the Chinese e-commerce powerhouse, on Thailand’s e-commerce landscape and the broader region, market analytics firm Cube Asia suggests that…
SCB Anticipates Interest Rate Cut Later This Year
Siam Commercial Bank (SCB) anticipates that the Bank of Thailand will start cutting its policy rate later this year, with further reductions likely to follow into early next year. This…
49 ‘High-Risk’ Areas Identified in Phuket
Old Phuket Town is among 49 locations classified as vulnerable to flash floods or landslides, according to the Mineral Resources Department, which reported on Tuesday that the tourist island is…
Bualuang Reduces Year-End SET Target to 1,396
Bualuang Securities (BLS) has revised its year-end projection for the Stock Exchange of Thailand (SET) index down to 1,396 points, from a previous estimate of 1,466 points, citing expected volatility…
Cathay Pacific cancels flights due to A350 issues
Cathay Pacific Airways canceled nearly all of its scheduled flights from Hong Kong to Singapore on Tuesday, along with numerous other services across Asia, after discovering a faulty engine component…
Thai to add second flight to Denpasar
Thai Airways International (TG) is set to launch a second scheduled flight between Bangkok (BKK) and Denpasar (DPS) next month. Starting October 27, the BKK-based airline will add a second…
Phuket Service Charges Remain Steady
The average income from service charges at hotels in Phuket is anticipated to remain stable, maintaining a high level during the upcoming peak season, while the average room rate is…
MIT Sloan Set to Launch Regional Office in Bangkok Next Month
The MIT Sloan School of Management is set to open its office for Southeast Asian nations in Bangkok next month, marking the business school’s second international office outside the United…
Baht Declines Amidst China’s Economic Struggles
The baht led a drop among Asian currencies against the dollar on Monday, influenced by a struggling Chinese economy. Analysts suggest that the baht may continue to depreciate in the…