Concerns Over Potential Sovereign Credit Rating Downgrade
Bankers are growing increasingly worried about a possible downgrade of Thailand’s sovereign credit rating amid declining tax revenues and rising public debt. Piti Tantakasem, CEO of TMBThanachart Bank, highlighted the…
The Condo Market Is Now Primarily Fueled by End Users
Condo sales in Bangkok are now mainly driven by end users and rental investors targeting units priced around 3-5 million baht, with negotiable prices remaining key to closing deals, according…
Thai Inflation Declines for the Fifth Consecutive Month
Thailand’s inflation rate declined for the fifth consecutive month in August, mainly due to weaker energy and fresh food prices. The Ministry of Commerce anticipates further declines throughout this year.…
Nok Air Responds to Safety Concerns
Photo Credit: Andre Wadman Nok Air has submitted documentation to the Civil Aviation Authority of Thailand (CAAT) to address safety concerns after the authority ordered the suspension of its international…
First C909 aircraft arrives in Thailand from Laos
Photo Credit: Lao airlines Thailand has celebrated the arrival of its first commercial flight featuring a Chinese-made small aircraft, with Lao Airlines’ C909 landing at Suvarnabhumi Airport in Samut Prakan…
Central Hosts Italian Brands Festival in Thailand
Photo Credit: Central Group Central Department Store, a division of the publicly listed Central Retail, has partnered with the Italian Embassy and the Italian Trade Agency (ITA) to launch “Central…
Optimistic Fourth-Quarter Forecast for THAI
The fourth-quarter prospects for Thai Airways (THAI) remain bullish, with an estimated load factor exceeding 80%, fueled by both international demand and Thai tourists favoring Asian destinations, particularly China and…
Bank of Thailand Chief Expresses Concern Over Political Instability
Photo Credit: Bank of Thailand Thailand’s economic growth in the coming year faces heightened risks due to potential delays in the budget, stemming from ongoing political deadlock, according to outgoing…
Hong Kong Court Rules Foodpanda Must Pay B5.4 Million Compensation to Rider Injured During Storm
Photo Credit: South China Morning Post A Hong Kong court has ordered Foodpanda, the on-demand food delivery service, to pay over HK$1.3 million (approximately 5.4 million baht) in compensation to…
Lazada Markets Itself as a Premium E-Marketplace
Photo Credit: Lazada Lazada Thailand is utilizing its “next-level e-commerce” strategy to position itself as a premium e-marketplace platform, integrating advanced artificial intelligence (AI) features to improve the experience for…