The Advantages of Cannabis in the Economy
Thailand is currently facing a pivotal decision regarding the broader acceptance of cannabis as a commodity or restricting its use solely to medical purposes. There is a divergence of opinions…
SCB EIC Cautious of Potential Risks to Foreign Investment
SCB EIC, a research center affiliated with Siam Commercial Bank, has raised concerns about the escalating political risks that could potentially hinder foreign investment in Thailand’s financial and capital markets,…
Agreement Reached to Add 7,000 Weekly Seats for Flights to India
The Civil Aviation Authority of Thailand (CAAT) aims to increase the number of seats on commercial flights to and from India by an additional 7,000 per week, aligning with Prime…
The Bank of Thailand governor cautions against adjusting the inflation target.
Bank of Thailand Governor Sethaput Suthiwartnarueput cautioned against adjusting the inflation target, highlighting concerns that increasing the target could lead to a faster rise in prices and potentially harm economic…
Bankruptcy Filing from Electric Vehicle Startup
Fisker, the American electric vehicle (EV) manufacturer, has filed for bankruptcy protection following the breakdown of negotiations with a major automaker, leading to challenges stemming from significant cash depletion in…
Nok Air secures $54 million USD loan
Nok Air, based in Bangkok Don Mueang, has announced the approval to secure a new credit line of THB2 billion (USD54.4 million) from its major shareholder, Hatairat Jurangkool. As per…
Shibuya in Tokyo to prohibit nighttime street drinking in select areas
Starting in October, the Shibuya Ward in Tokyo will implement a new ban on drinking in public areas at night, expanding on existing restrictions that are currently in place only…
Coastguard threw migrants overboard to their deaths
Witnesses report that the Greek coastguard has been responsible for the deaths of dozens of migrants in the Mediterranean over a three-year period. This includes nine migrants who were allegedly…
Four Thai court cases that could unleash political crisis
Thailand is facing a critical week of court cases that could ignite a political crisis in Southeast Asia’s second-largest economy, with the futures of both the prime minister and the…
Kerry Express okays capital increase
Following a recent resolution by the board of Kerry Express (Thailand) Plc (KEX), the company approved a capital increase by issuing up to 2.8125 billion newly issued ordinary shares with…