Plane crash in Brazil kills 61 onboard
A passenger plane carrying 61 individuals crashed on Friday near São Paulo, Brazil, resulting in the deaths of everyone on board, according to Brazilian officials. The flight, operated by VoePass,…
Crossfit athlete dies in Texas during competition
An athlete tragically passed away on Thursday during a swimming competition at a Texas lake on the opening day of the CrossFit Games, a multi-day event known for attracting some…
Analysts Anticipate Policy Rate to Remain Steady at 2.5%
The Bank of Thailand is expected to maintain the policy rate at 2.5% in its upcoming meeting later this month, as inflation slowly returns to the target range. Economists are…
Mortgage Rejection Rates Expected to Remain High
Mortgage applications for homes priced below 3 million baht are expected to continue experiencing higher rejection rates over the next two years due to a slowdown in the residential market.…
Hyundai Mobility to Produce BEVs and Batteries by 2026
Hyundai Mobility Manufacturing (Thailand), based in South Korea, plans to produce battery electric vehicles (BEVs) and batteries in Thailand by 2026 following the approval of its 1-billion-baht project by the…
Condo Launches Expected to Underperform Projections
New condo launches in Greater Bangkok for this year are anticipated to fall short of expectations, primarily due to weak demand stemming from an economic slowdown, as reported by consulting…
Bank of Thailand Encourages Banks to Support Sustainable Transition for SMEs
The Bank of Thailand (BoT) is urging financial institutions to assist small and medium-sized enterprises (SMEs) in their transition to sustainable business practices. During a seminar hosted by the central…
Government Takes Action on Vaping Among Mothers
The Ministry of Social Development and Human Security (MSDHS) has intervened to assist two children whose young mothers were captured in a viral video vaping in their presence. The video,…
Proposal for New Tariffs on Chinese Imports
Photo credit: Nutthawat Wichieanbut The surge of Chinese industrial products entering Southeast Asia is negatively impacting Thailand’s trade, resulting in a diminished market share in the region and a trade…
K Mile to take first 767-300F
Photo credit Jiyebinghuo/ Planespotter.net K-Mile Asia (8K, Bangkok Suvarnabhumi) is expanding into widebody freighter operations with the acquisition of the first of two B767-300ER(BFC) aircraft, which it anticipates receiving this…