Export of palm oil estimated at 800,000 metric tons
Thailand anticipates exporting 800,000 metric tons of crude palm oil this year to help stabilize local fresh palm nut prices. Wattanasak Sur-iam, the director-general of the Internal Trade Department, noted…
Challenges ahead for Thailand’s oil project financially
Resistance from oil refining and ethanol production executives poses challenges to Thailand’s government as it seeks to boost the country’s strategic petroleum reserve (SPR). The initiative to expand the SPR…
Government to Set Up Narcotics-Free Zones This Year.
The government plans to establish drug-free zones across the country based on the successful models from Roi Et and Nan, with a target set for completion by September 30. Prime…
Pro-cannabis Advocates Plan Protest at Government House Against Reclassification
In response to the Public Health Ministry committee’s decision to support reclassifying cannabis and hemp as narcotics, pro-cannabis groups have announced their intention to demonstrate outside Government House on Monday.…
Update from the fire at Yaowarat
Around 40 fire trucks were dispatched to tackle a fire at the New Empire Hotel, a seven-story building. Firefighters successfully brought the blaze under control by 11:16 pm. Guests at…
Fire Incident on Soi Trok Pho, Yaowarat Road
A fire incident occurred within the community on Soi Trok Pho, Yaowarat Road, Sampaeng Wang District. Officials swiftly responded to mitigate the situation. The fire is believed to have started…
Bank of Thailand sees a gradual decline in household debt trend
The Bank of Thailand foresees a continued improvement in the reduction of Thailand’s household debt relative to GDP, as the nation’s economic recovery progresses and loan growth moderates. Thailand’s household…
BYD purchases a 20% share in Thai dealership
Chinese electric vehicle manufacturer BYD has announced its acquisition of a 20% stake in Rever Automotive, its local distributor in Thailand. Thailand serves as BYD’s largest market outside of China,…
Increase in Thai-China flights due to visa waiver
Since the signing of a mutual visa exemption agreement between Thailand and China, there has been a significant uptick in flight numbers. According to the Ministry of Transport, from October…
Vietnam poised to accelerate economic growth towards 7%
Vietnam’s economy is on a fast track for growth, with the possibility of surpassing the government’s 6.5% target this year, as stated by Planning and Investment Minister Nguyen Chi Dung…