Thailand trimming down the EV subsidy package amid sales
Thailand plans to introduce a new purchase subsidy scheme called EV3.5 from 2024 to 2027. This scheme aims to attract foreign investment and position Thailand as a hub for electric…
Former Crypto Billionaire Sam Bankman-Fried, found guilty of fraud and money laundering at the end of a month-long trial in New York.
The jury delivered its verdict after just a few hours of deliberations and was under no illusion when it came to finding him guilty. It concludes a stunning fall from…
Donald Trump Jr took the stand in the ongoing fraud trial against his father and the family business on Wednesday and tried to distance himself from the financial statements at the centre of the case.
Trump’s eldest son, 45, is the first family member to testify in the civil trial brought by the New York attorney general, Letitia James. His younger brother Eric will testify…
APPLE on Wednesday lost a bid to block a mass London lawsuit worth up to $2 billion which accuses the tech giant of hiding defective batteries in millions of iPhones.
The lawsuit was brought by British consumer champion Justin Gutmann on behalf of around 24 million iPhone users in the United Kingdom. Gutmann is seeking damages from Apple on their…
493 Investors choose Thailand in the first 9 months of 2023
Thailand has experienced an increase in foreign investors, leading to job creation and revenue generation. However, the investment value has decreased by 15% year-on-year. According to a report analyzing permissions…
PM Srettha proposes new railway bridge to Laos
Prime Minister Srettha visited Laos on Monday in regards to proposing to building a new railway bridge to getting the two countries connected. This is to facilitate the new bilateral…
Hong Kong firms looking to expand in Thailand
Hong Kong companies have expressed interest in expanding their presence in Thailand by establishing manufacturing and logistics facilities, according to Thailand’s trade representative, Nalinee Taveesin. After a meeting with Ronald…
Chinese firm potentially looking at Thailand factory
Chinese construction machinery manufacturer LiuGong Machinery is planning to expand its business in the Asia-Pacific region by building three new factories and three machine assembly facilities. The company has not…
FTAs boost Thai exports to US$46 bn in first 7 months
According to Ronnarong Phoolpipat, director-general of the Department of Foreign Trade (DFT), Thai exports reached US$46.18 billion between January and July as a result of FTAs.The top five FTAs responsible…
Third Drop in a Row in the Thai Industrial Confidence Index
The manufacturing sector in Thailand has slowed for three consecutive months, and this has negatively impacted the country’s Industrial Confidence Index. The Thai Manufacturing Confidence Index Remains Dismal. The Federation…