Shipping industry anticipates 1-2% growth
Despite ongoing geopolitical tensions in Europe and the Middle East, the Thai National Shippers’ Council (TNSC) maintains a positive outlook, expecting export values to grow by 1-2% in the latter…
Thai bond value sees 2.7% increase since the beginning of the year
In the first half of 2024, the Thai bond market recorded a total outstanding value of 17 trillion baht, showcasing a 2.7% increase from the previous year-end, according to the…
Thailand and India participate in regional initiative for seamless cross-border retail payments
The central banks of Thailand, India, Malaysia, Singapore, and the Philippines are collaborating to establish an instant cross-border retail payments platform by 2026, as announced by the Bank of International…
Anticipated injection of 100 billion baht into the market by a new state fund
Within a span of two weeks, the Finance Ministry aims to finalize a proposal for a new fund modeled after the previous Vayupak Fund, a government-controlled investment fund concentrating on…
Mama remains optimistic about sales despite a surge in costs.
Saha Pathanapibul Plc, the distributor of Mama instant noodles, is optimistic about the growth of the Thai instant noodle market in the face of a challenging economic environment. Vathit Chokwatana,…
BOI aims at data centers and cloud services
The Board of Investment (BoI) in Thailand is expediting its initiative to encourage investments in data centers and cloud services, aligning with global trends and the government’s push to boost…
Air Europa flight forced to divert to Brazil following turbulence; 30 passengers injured
An Air Europa flight traveling from Madrid to Montevideo, Uruguay, was redirected to a Brazilian airport due to severe turbulence, resulting in minor injuries to 30 passengers, according to local…
Thai resumes daily flights to Milan and Oslo
Thai Airways International on Monday began regular daily services between Bangkok and Milan in Italy and Oslo in Norway. The airline’s announcement said the new services were in response to…
Emirates launches next gen Business Class on the 777’s
Emirates is introducing a new Boeing 777 business class design set to debut on flights starting in mid-August, breaking away from the traditional 2-3-2 layout known for its inconvenient middle…
Boeing to Acquire Troubled Supplier Spirit Aero
On Monday, Boeing announced its acquisition of the struggling supplier Spirit AeroSystems in a deal valued at US$4.7 billion, conducted entirely in stock. This agreement, finalized after extensive negotiations, comes…