Thai banks to restructure after 6 million loans outstanding
Commercial banks in Thailand are currently in the process of restructuring 6.1 million outstanding loans, totaling 3.4 trillion baht, according to the Thai Bankers Association (TBA). The purpose of this…
Thai rice exports to dip 14.4% this year
Thailand’s rice exports are expected to decline by 14.4% this year due to lower production and increased competition, according to the Foreign Trade Department. The department, along with the Thai…
Oil prices rises after OPEC+ maintains output cost
Oil prices rebounded in early trade on Friday, as the Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, decided to maintain their current oil output…
Nok Air looking to evaluate Boeing jets
Nok Air has announced its plans to assess passenger sentiment and ensure safety before introducing Boeing 737 Max 8 jets to its fleet. The airline has already made a deposit…
Uber fined 10 million Euros in Holland for privacy regulations infringement
The Dutch data protection authority (DPA) has fined Uber 10 million euros ($11 million) for violating privacy regulations related to its drivers’ personal data. The DPA found that Uber had…
Spanish tourists injured in crash on way to Suvarnabhumi Airport
A pickup truck hit a car carrying five Spanish tourists on its way to Suvarnabhumi Airport on Tuesday. Fortunately, they did not suffer significant injuries and were able to board.…
Thailand One luxury lifestyle magazine launches in Bangkok
The much anticipated launch of luxury lifestyle magazine, Thailand One, is upon us. The bi-monthly magazine covers an array of luxury topics and features topics such as aviation, golf, travel…
Google tops the list as most desirable employer in Thailand
WorkVenture recently unveiled its “Top 50 Companies in Thailand 2024” list, with Google retaining its position as the most desirable employer for the sixth consecutive year. The survey conducted by…
Construction boost for the new international airport for Phuket located in Phang Nga
The Airports of Thailand Public Company Limited (AOT) is fast-tracking the construction of the new Andaman International Airport, which is set to become a major long-haul flight hub in the…
Thailand signs $2 billion Baht rice export deal with a Chinese company
A Chinese company has recently signed a contract to purchase 100,000 tons of Thai Jasmine rice, with a total value exceeding two billion baht. This significant pre-sale contract was facilitated…