Orange line to fully open in 2030
The completion timeline for the MRT Orange Line, connecting Bangkok’s east and west, is set for November 2030, with the eastern section potentially opening by 2028. Transport Minister and Deputy…
Struggle to maintain stable electricity costs amidst concerns over rising gas prices
The government aims to maintain the current electricity tariff at 4.18 baht per kilowatt-hour for the remainder of the year to control electricity costs, despite expected increases in gas prices.…
Prime Minister Advocates Thailand’s Position as Financial Center
Prime Minister Srettha Thavisin highlighted Thailand’s ambition to establish itself as a leading financial hub during his address at the Finance Ministry’s “Ignite Finance” Initiative, aligned with his broader vision…
CRG Anticipates Boost in Sales Driven by Digital Wallet Usage
Central Restaurants Group (CRG) foresees a 5% sales growth in 2024, driven by the digital wallet subsidy scheme, amidst projections that Thailand’s restaurant market will surpass 400 billion baht this…
Emphasizing Succession Planning in Thai Family-Owned Enterprises
Thai family businesses’ second generation demonstrates a higher succession rate compared to the global average, though the necessity of digital expertise remains crucial, as per insights from Kasikornbank (KBank). KBank…
ThaiBev plans to exchange real estate holdings for shares
Thai Beverage, the largest brewer in Southeast Asia, has announced a strategic move to divest its real estate assets and transition into a focused drinks and food company through a…
Thai Air Asia X to relocate back to Don Mueang from October from 1st October
Thai AirAsia X (XJ) has disclosed its decision to shift all flight operations from Bangkok’s Suvarnabhumi Airport (BKK) to Don Mueang Airport (DMK) effective October 1, 2024. The transition of…
Qatar Airways to unveil the new Q suites at the Farnborough Airshow
Qatar Airways is set to unveil its highly anticipated new Qsuite business class next week, choosing the Farnborough International Air Show as the stage for the reveal of the next-generation…
Banks prepared for possible cross-default event in Emerging Markets Bond Index – EA
Major banks are preparing to allocate more than 10 billion baht in overall loan loss provisions for troubled Energy Absolute (EA) if the company encounters a cross-default situation, as outlined…
Cyanide Tea Party Resolves Investment Dispute in Hotel
Thai police suspect a 56-year-old Vietnamese woman holding US citizenship of utilizing a deadly cyanide-infused tea concoction to poison five fellow Vietnamese individuals during a gathering at a high-end hotel…