Ministry allocates 50 million baht for tourist insurance scheme
The Tourism and Sports Ministry has allocated a budget of 50 million baht for the fiscal year 2024 to provide assistance to foreign tourists in the event of death or…
Insurance companies warned of higher risk of covering EV vheicles
In a meeting with members of the Thai General Insurance Association, Apakorn Panlerd, the assistant secretary-general of the OIC, emphasized the importance of employing a risk management strategy for handling…
Surge in new office supply to prompt rejig
The Bangkok office market is expecting an increase in new office space, creating a surplus supply between 2024 and 2026. With this upcoming influx of space, existing office property landlords…
The TCG (Thai Credit Guarantee Corporation) sets 115.6 Billion baht loan guarantee target
The Thai Credit Guarantee Corporation (TCG) has increased its loan guarantee target to 115.6 billion baht for this year, up from 95 billion last year. This includes commercial products worth…
According to the CEO of Thai Airways not all 787’s ordered will be owned
In response to Transport Minister Suriya Juangroongruangkit’s expressed concerns, THAI CEO Chai Eamsiri stated on Wednesday that the proposal to acquire 45 new aircraft is an integral part of the…
Centara adds 5 properties to its portfolio
In an effort to reinforce its presence in Thailand and Vietnam, Centara Hotels & Resorts has incorporated five properties into its diverse portfolio. Michael Henssler, the chief operating officer at…
Central’s Q1 2024 expansion.
Central Department Store, part of Central Retail, is gearing up for a dynamic start to 2024 by revealing an all-encompassing business plan for the first quarter. This plan includes substantial…
Baht takes a dip on USD inflation figures
The baht experienced a drop below 36 against the US dollar on Wednesday and is anticipated to further depreciate due to higher than expected US inflation. This has led the…
The SET is considering stronger measures
The Stock Exchange of Thailand (SET) is contemplating adjusting measures in four areas to impose greater controls on both short sales and program trading, aiming to reduce the volatility of…
Thai Airways confirms orders for 45 787-9’s
Thai Airways International has announced its order of at least 45 aircraft from Boeing, providing a much-needed boost to the US planemaker amid intense scrutiny following an accident on an…