Pressure for Rate Cuts Mounts on Bank of Thailand from New Prime Minister
Thailand’s central bank is expected to maintain its policy rate at a decade-high level this week, as the economy picks up momentum. However, uncertainties surrounding a 145 billion baht cash…
BGRIM Reports 2.3% Profit Growth in the First Half of the Year
B.Grimm Power Plc (BGRIM) reported robust normalized net profit for the first half of this year and outlined plans to enhance investment partnerships and grow its renewable energy portfolio. President…
TikTok Shop Achieves 500% Growth in Gross Merchandise Value (GMV)
Despite the sluggish economic climate, TikTok Shop has reported over 500% growth in gross merchandise value (GMV) within its live commerce sector over the past eight months, according to the…
FTI Reports Increase in Losses to B170 Million for Thai Hotels
Combined losses among Thai hotels due to the collapse of the German tour operator FTI Group have escalated to 170 million baht, up from 111 million baht reported in a…
Etihad A321LR: Business Plus or First Class?
Etihad Airways’ new Airbus A321LR jets are poised to elevate the travel experience beyond traditional business class, as the front row of the single-aisle aircraft is being marketed as ‘first…
KEX Express Rebrands as KEX
KEX Express (Thailand) has announced a strategic rebranding, officially changing its name and trademark to “KEX.” The express delivery provider aims to enhance its service capabilities through creativity and innovation…
DoH Suggests Delaying Decision on Don Muang Tollway
The Department of Highways (DoH) is recommending that the government refrain from extending the concession for the operation of the Don Muang Tollway, suggesting that reducing toll fees would be…
Thai Vietjet Aims for 8 Million Passengers in 2024
Thai Vietjet is aiming to serve nearly 8 million passengers this year by enhancing its aircraft utilization and increasing flights on existing routes, along with plans to introduce new Boeing…
Political Unrest Poses Risks to Baht Recovery as Traders Anticipate BoT Actions
The recent rally of the Thai baht is at risk as markets respond to the country’s ongoing political turmoil ahead of this week’s central bank policy meeting. Since July, the…
Thai Air Asia launches new services to Kathmandu
AirAsia is gearing up to launch a new route in South Asia, introducing four weekly flights between Bangkok’s Don Mueang International Airport and Kathmandu, Nepal, starting on October 2. The…