Passengers injured after a Korean Air flight has a decompression emergency
A Korean Air flight from Seoul to Taichung, Taiwan encountered a dramatic decompression emergency, resulting in over a dozen injuries. The sudden malfunction forced the pilots to rapidly descend the…
Three Thai airlines form strategies for fundraising to emerge from rehabilitation
Thai Airways International, Thai AirAsia X, and Nok Air are strategizing fundraising initiatives to exit rehabilitation and introduce flights to both familiar and new destinations. Wutthiphum Jurangkool, CEO of Nok…
Government reveals strategy to enhance Stock Exchange of Thailand
The Finance Ministry and regulators of the stock market unveiled strategies on Monday to rejuvenate the sluggish Stock Exchange of Thailand (SET) index while downplaying analysts’ request to revive long-term…
Bank of Thailand deems current interest rate resilient across various scenarios
Thailand’s current benchmark interest rate of 2.5% is considered resilient to various circumstances by Bank of Thailand Assistant Governor Piti Disyatat. Dismissing government pressure that monetary policy is overly stringent,…
True’s 5G revenue experiences annual growth of 15%
True Corporation has been focusing on expanding its 5G utilization among tourists, with 60% of incoming visitors opting for its telecommunication service. The company has observed a 15% annual growth…
Limited Impact Expected from Increasing Foreign Ownership Quota
An analyst stated that increasing the foreign ownership quota for condos to 75% is unlikely to have a significant impact on the Thai property market or economy, as very few…
Simplify Foreign Tax Responsibilities
The recent proposal to revise Thailand’s foreign income tax regulations has ignited considerable discussion among expats and global investors, raising a host of pressing issues that demand swift attention. Scheduled…
Majority of Jobs in Thailand Unaffected by AI
AI’s potential impact on employment in Thailand is expected to be limited, with less than 4% of service sector employees facing a high risk of displacement by the technology, as…
New AirAsia CEO Foresees Continued High Airfares Amid Travel Surge
The enduring era of high airfares amidst the global travel resurgence following the pandemic shows no signs of abating, as indicated by the top low-cost carrier in Asia. Despite expectations…
AWC Plans to Open Nobu Restaurant on Rooftop.
Asset World Corp (AWC), a company listed on the Stock Exchange of Thailand, is relying on affluent customers to bolster its restaurant ventures in Thailand following its investment of over…