737MAX production put on hold
Boeing has yet to resume 737 MAX production a month after the IAM machinists union strike ended, but plans to do so later this month, according to FAA Administrator Mike…
Global billionaires Wealth Increases by 17%
According a report from Swiss bank UBS released on Thursday, the wealth of the world’s billionaires has surged by approximately 17% over the past year, with substantial gains among the…
Pilots Request Review of Wet Lease Agreements
The Pilots Association submitted a letter to the Labor and Transport ministries yesterday, requesting a reconsideration of the cabinet’s decision allowing foreign pilots to operate domestic flights through wet lease…
Prime minsiter scraps the 15% VAT plan
Prime Paetongtarn Shinawatra has abandoned plans to increase the value-added tax (VAT) following significant public opposition after her finance minister proposed the controversial hike. “No VAT adjustment to 15%,” Ms.…
Prime Voices Concerns Over Proposed VAT Increase to 15%
Prime minister Paetongtarn Shinawatra has added her voice to growing criticism regarding the Finance Ministry’s proposal to increase the value-added tax (VAT) from the current 7% to 15%. When asked…
TAT Aims to Encourage US Airlines to Launch Direct Flights to Thailand
The Authority of Thailand (TAT) aims to encourage US airlines to operate the first-ever direct flights to Thailand, as it appears unlikely that Thai carriers will introduce these routes following…
AIS Launches New Streaming Package
Advanced Info Service (AIS) has introduced its Play Ultimate package, which integrates leading streaming platforms into one offering for post-paid customers. Rungtip Jarusiripipat, the head of AIS Play, announced that…
Thailand extends deadline for production of EV vehicles
The Thai government will extend the deadline for electric vehicle (EV) manufacturers to meet local production targets, according to the Board of Investment (BoI) on Wednesday. Under the current EV…
Central Bank Chief Criticizes Surge of Chinese Imports
The influx of Chinese goods has had a substantial impact on Thailand’s manufacturing growth and has constrained loan expansion in the banking sector, according to the Governor of the Bank…
Finance Minister Proposes Tax Modifications
Finance Minister Pichai Chunhavajira has proposed increasing the value-added tax (VAT) while simultaneously reducing corporate and personal income tax rates. This initiative aims to bolster state revenue, promote national development,…