Uber in huge pay-out to Australian taxi drivers
Uber has agreed to pay A$271.8m ($178.3m; £140m) to settle a lawsuit in Australia, according to a law firm for taxi operators and drivers. Maurice Blackburn Lawyers filed the class…
Thailand ranks 3rd in the world for top woman executives
Apart from the Philippines and Thailand, two other Southeast Asian nations, Malaysia and Indonesia, were also recognized in the rankings. According to the Grant Thornton survey, the Philippines boasts the…
Household debts crisis ongoing
Thailand is facing a severe crisis of high household debt, causing bankruptcy, crime, suicides, and mental health breakdowns among its citizens, significantly impacting society in a negative manner. The escalation…
est Cola is eyeing regional expansion
Thai Drinks, the marketing entity overseeing est Cola, is eyeing regional expansion in Asia with a specific focus on capturing the Gen Z market segment. Suporn Denpaisarn, the division head…
Allianz eyes 20% growth in the corporate business
Amid the expanding landscape of the insurance industry, with new market players emerging and innovative products being introduced to attract consumer interest, insurance companies in Thailand have formulated strategies to…
SCB EIC predicts key interest rates cut for 2024
The Economic Intelligence Center (EIC) at Siam Commercial Bank (SCB) has predicted that the Bank of Thailand (BOT) will implement two interest rate cuts in the first half of this…
Backing sought for the OCED bid
During a joint press briefing at the Federal Chancellery in Berlin, Thailand’s Prime Minister Srettha Thavisin disclosed the country’s quest for Germany’s backing in its pursuit to become a member…
The US will be renewing the GSP (Generalized system of preferences) with Thailand
Thailand’s Commerce Minister, Mr. Phumtham Wechayachai, engaged in discussions with US Secretary of Commerce, Gina Raimondo, to fortify trade ties and explore the reinstatement of the Generalized System of Preferences…
Thailand approves tax incentives for crypto currency
Thailand has recently introduced a tax exemption policy for individuals holding investments in cryptocurrency, aiming to boost investor opportunities in the digital asset space. This move signals the country’s commitment…
Ital-Thai faces debit crunch of a 108 Billion baht
A liquidity crisis at Thailand’s largest construction company, Italian-Thai Development Plc (ITD), is causing concerns among investors, regulators, and rating agencies who are already on edge due to previous corporate…