Food Delivery and Ride-Hailing Sales Reach $5 Billion in H1
According to India-based Redseer Strategy Consultants, the combined gross merchandise value (GMV) of Thailand’s online food delivery and ride-hailing services reached US$5 billion in the first half of 2024. Both…
U-Tapao to Get a Second Runway
U-Tapao Rayong-Pattaya International Airport is set to commence construction on its second runway this year. Chula Sukmanop, secretary-general of the Eastern Economic Corridor (EEC), announced that the project is currently…
Finance Minister Advocates for Overhaul of Tax System
Thailand must reform its entire tax system, as both personal and corporate income tax rates remain higher than international standards, according to Finance Minister Pichai Chunhavajira. Speaking at the ACMA…
K Mile has received its first Boeing 767-300F
K-Mile Asia (8K, Bangkok Suvarnabhumi) has received its first B767-300ER(BCF), marking its inaugural widebody freighter and the first of its kind in Thailand. The aircraft, registered as HS-KSA (msn 33421),…
Australia to Implement Social Media Ban for Children
On Tuesday, Australia announced its intention to introduce legislation this year that would prohibit children from using social media platforms due to the associated risks to both physical and mental…
Digital Content Sector Experiences Modest Growth
The video game and animation sectors continued to see declines in 2023, leading to a modest overall growth of the digital content industry by just 0.01%, bringing its total value…
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…