Spectrum Shortage Sparks Concerns Over Potential Mobile Data Crisis
The National Broadcasting and Telecommunications Commission (NBTC) has warned that Thailand’s mobile spectrum could run out by the end of the year, posing a risk to internet speeds and network…
Upcoming Heavy Rain and Storms Expected
The Meteorological Department has issued a warning of continued heavy rainfall in the upper South on Monday, along with ongoing thunderstorms in Bangkok and northern Thailand. In its latest 24-hour…
Zelensky to Hold Meeting with Trump in the US Next Week
Ukrainian President Volodymyr Zelensky announced plans to meet with U.S. President Donald Trump on the sidelines of the upcoming United Nations General Assembly, as Russia escalates its military assault on…
Bank of Thailand Finds No Signs of Unusual Baht Speculation
The Bank of Thailand has stated that it has not observed any irregular speculation in the baht’s trading, despite the currency’s ongoing strengthening against the US dollar. Chayawadee Chai-anant, Assistant…
Central Retail to Record B6 Billion Profit from Rinascente Sale
Central Retail Corporation Plc (CRC) announced it expects to realize a post-tax profit of approximately 6 billion baht from the sale of Rinascente, its luxury department store chain in Italy,…
SEC Urges Thai Banks to Strengthen Account Verification and Enhance Fraud Prevention Measures
Photo Credit: Chanat Katanyu The Securities and Exchange Commission (SEC) has called on Thai banks to tighten their account opening procedures and implement stricter Know Your Customer (KYC) standards, emphasizing…
Thailand plans to reduce borrowing by 8% as public debt approaches legal limit
Thailand is planning to reduce its government borrowing by around 8% in the upcoming fiscal year starting October, aiming to maintain fiscal discipline as the nation’s public debt approaches the…
Bank Warns That Inexpensive Chinese Imports Pose Risks to Thailand’s Economy
A recent report by Krungthai Bank indicates that although Thailand has not yet entered deflation, a surge of inexpensive Chinese goods could pose a serious threat to local businesses. Thailand…
BoT Clarifies ‘Negative’ Bank Balances and Reasons for Unfreezing Delays
The Bank of Thailand (BoT) has explained the causes behind recent system errors leading to negative bank balances and delays in unfreezing accounts, urging commercial banks to assist affected customers…
Mini Labubu prices decline as speculative frenzy subsides
The once-premium value of Labubu collectibles is diminishing in China’s secondary markets, signaling a decline in speculative demand as collectors become more cautious about the value of Asia’s highly hyped…