The “Pao Tang” application system crashed this morning (Friday) as subscribers scrambled to reconfirm their registrations for the fifth phase of the 50:50 co-payment scheme, under which each will receive…
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The “Pao Tang” application system crashed this morning (Friday) as subscribers scrambled to reconfirm their registrations for the fifth phase of the 50:50 co-payment scheme, under which each will receive…
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Old and new subscribers to the government’s 50:50 co-payment scheme will be able to reconfirm or apply for their subscription this Friday under Phase 5 of the scheme, via the…
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Small lottery vendors across the country are now dreading the expansion of digital lottery tickets – which are sold not just through major private electronic platforms but also on the…
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The US is the world’s largest economy and the US dollar is widely used worldwide, as a result, the actions and decisions of the US Federal Reserve (Fed) have a…
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The cabinet approved a proposal from the EEC (Eastern Economic Corridor) Policy Committee today (Tuesday) to upgrade the status of the EEC from a “special economic zone”to a “free trade…
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The Ministry of Energy and the Energy Regulatory Commission agreed, at their joint meeting yesterday (Monday), to freeze the electricity rate for August after Prime Minister Prayut Chan-o-cha expressed concern…
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Thailand’s opposition Move Forward party is urging the National Broadcasting and Telecommunications Commission (NBTC) to block the planned merger between two mobile phone service operators, True Corporation (True) and Total…
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The board of the National Broadcasting and Telecommunications Commission (NBTC) wants a more comprehensive study of the planned merger between True Corporation (True) and Total Access Communication (DTAC) before it…
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The role of a digital asset exchange is to serve as a marketplace where investors can buy and sell their cryptocurrencies and other digital assets, while the revenue of the…
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The National Education Bill is set to enter the Parliament for further deliberation in September, sparking new hope for some but concern for others. The passage of this bill is…
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The electric vehicle industry in Thailand was given a shot in the arm today (Tuesday) when the cabinet decided to exempt from customs duties battery electric vehicles (BEVs), which are…
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Thailand’s Securities and Exchange Commission (SEC) has ordered Zipmex, Thailand’s second largest cryptocurrency exchange after Bitkub, to resume trading and digital asset withdrawals within three days after an official announcement…
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Thailand’s Charoen Pokphand Group (CP) and Norway’s Telenor are urging the National Broadcasting and Telecommunications Commission (NBTC), Thailand’s telecom and broadcasting regulator, to speed up the issuance of conditions to…
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NEW YORK, July 20 (Reuters) – Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc (TSLA.O) had sold about 75% of its…
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Trade at chicken farms in Bangkok’s Rom Sai-Bang Bon area was lacklustre today (Wednesday), the first day that the price of ex-farm chicken eggs increased by 20 satang to 3.40…
Read MoreThe plunging value of the baht appears ominous and raises worrying questions about its impact on the Thai economy. On Friday (July 15), the baht fell to 36.73 to the US dollar, its…
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Thailand’s trade deficit for the month of June was over 40 billion baht, partly due to a 19% increase in the value of imports, especially energy. The figure includes a…
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Thai Airways International submitted a petition to the Central Bankruptcy Court on July 1st, seeking to revise its rehabilitation plan, after the flag carrier improved its performance, with an expectation…
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Cryptocurrency trading in Thailand has followed global trends and witnessed a steep plunge, as investors sell off financial assets, including equities and bonds. With many countries bogged down by high…
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Thailand’s Ministry of Transport may postpone the second round of bidding for the Orange Line train project, scheduled for July 27th, pending consultation with the Office of the Attorney-General (OAG)….
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PTT Public Company and Bangchak Corporation have agreed to reduce the prices of benzine products at their gas stations by three baht per litre, in line with a drop in…
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This year’s 10 richest families in Thailand were revealed by Forbes Asia today (Thursday), most of the rankings remain unchanged from last year. The richest family in Thailand are still…
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On July 1, at some point during the day, the baht fell to 35.66 to the dollar, its weakest in five years. It closed at 35.63 at the end of…
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Advanced Info Service Plc (AIS) has announced its decision to acquire Triple T Broadband Plc (TTTBB) and invest in the Jasmine Broadband Internet Infrastructure Fund (JASIF) for a total of…
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The COVID-19 pandemic has caused serious damage to economies around the world and even though the worst of the outbreaks appear to be over, countries are currently having to battle…
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Low-income groups and small businesses are now getting squeezed by high inflation and potential interest rate hikes. The situation may make it necessary for the government to continue its support…
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Despite the fast-rising inflation driven largely by food and energy costs, some economic research houses have recently revised upward or at least maintained their economic growth projections for Thailand for…
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Inflation is taking a toll on food manufacturers and restaurant owners, forcing them to adapt to keep their businesses afloat even as consumers cut back on expenses. Soaring energy bills…
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The Thai government has decided to waive personal income tax collection from foreign actors when working on films shot in Thailand in the next five years, in a fresh bid…
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The Royal Thai Army (RTA) has lifted its boycott of online retail giant Lazada, imposed on May 9th following a sales promotional video uploaded to TikTok, which was deemed by…
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The Bank of Thailand (BOT) has come under high pressure to react as domestic inflation has been climbing fast and other central banks, especially the US Federal Reserve (Fed), have…
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Thailand’s Central Administrative Court has dismissed a petition, seeking to put a hold an announcement by the National Broadcasting and Telecommunications Commission (NBTC) giving the green light to the merger…
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Customers who have pre-paid for buffet vouchers from the Japanese restaurant chain Daruma are being urged by a lawyer to file complaints with the Central Investigation Bureau at 3pm today…
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Food insecurity might not be an issue that many people in Thailand worry much about. The recent economic hardships from the impacts of COVID-19 and the conflict in Ukraine, which…
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Digital lottery ticket sales for the June 16th draw, by the Government Lottery Office, apparently adversely affected many lottery vendors, who found they had many unsold tickets yesterday, forcing some…
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Managing the controversial Skytrain Green Line shrewdly, bogged down as it is by controversies over high fares, court battle over debt and extension of concession, is going to be a…
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More than 100,000 people rushed to register to grow cannabis and hemp plants, through the Thai Food and Drug Administration’s (TFDA) website https://plookganja.fda.moph.go.th, and the “plookganja” application this morning (Thursday),…
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The Bangkok Metropolitan Administration (BMA) has the full authority over the troubled Green Line train project, better known as the BTS system, including the controversial operating concession, fares and debts…
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Elon Musk threatened Monday to withdraw his bid to buy Twitter, accusing it of failing to provide data on fake accounts, in the latest twist in the Tesla billionaire’s push to acquire the social network. Twitter has breached its “obligations…
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Pursuing an ambitious agenda, Chadchart Sittipunt, 56, is all set to become Bangkok’s first elected governor since the 2014 coup, after receiving a record-high mandate in the May 22 election….
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To prevent unscrupulous lottery vendors from taking advantage of consumers by overcharging for lottery tickets, sometimes by as much as 50 baht per ticket, Thailand’s Government Lottery Office (GLO) will…
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Sustainability, plant-based and clean label food products have dominated the THAIFEX-ANUGA ASIA 2022, Thailand’s top food exhibition and one of the region’s largest. No one was surprised to see that…
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Investors who trade cryptocurrencies or digital tokens through properly registered exchanges will be entitled to a 7% VAT exemption on the transfer of the digital assets, retroactively from April 1st…
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Thailand’s residential market is still facing several challenges that will prevent it from making a full recovery in the short term. Research indicates that such unfavorable factors as the pandemic…
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The Cabinet has decided to join talks on the US’s newly proposed multilateral trade agreement, known as the Indo-Pacific Economic Framework for Prosperity (IPEF). According to the Thai government’s website,…
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Saudi Arabia has responded positively to Thailand’s request to buy fertiliser from the desert kingdom, to ease the shortage in the country, said Sanan Angubolkul, chairman of the Thai Chamber…
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The Finance Ministry is now working on a possible launch of a 5th phase of the 50:50 co-payment scheme, aimed at easingthe financial burden of the rising cost of living….
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The Criminal Court dismissed a petition from the Ministry of Digital Economy and Society (DES) today (Thursday) seeking to shut down websites run by the Mungkornfa online lottery platform, amid…
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(Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter‘s ban on former U.S. President Donald Trump when he buys the social media platform, the clearest signal yet of Musk‘s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc, has…
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Trading in cryptocurrencies has come under high pressure recently. The value of bitcoin, the most popular cryptocurrency among traders overseas and in Thailand, slumped to US$36,040.92 per bitcoin on May…
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Thailand’s Securities and Exchange Commission (SEC) has announced the imposition of a 15-million-baht fine on Bitkub Online (BO) and five members of the company’s digital assets selection committee for violating…
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As we approach another Labour Day on May 1, many economists believe one of the priorities for the government is to expand social security so as to cover all workers…
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Thailand has been setting its sights on the digital economy to serve as a new growth engine amid a slowdown in growth in the past several years since the 2014…
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Consumers in Thailand will be feeling the pinch of rising prices of a wide range of products, from instant coffee, cooking oil and instant noodles to condensed milk, shampoo and…
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Truckers rallied in front of Government House today (Wednesday), demanding that the government extend the measures to keep diesel prices at 30 baht per litre, which are due to expire…
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April 26 (Reuters) – Twitter Inc. and its advisers were not sure at first how seriously to take him. Elon Musk’s $54.20-per-share offer price for the social media company on…
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Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he —…
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Unfavorable economic conditions are likely to pose tough challenges for current and future governments in managing the annual budget. The Prayut Chan-o-cha government plans to spend Bt3.185 trillion in fiscal…
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Unlike previous generations, people entering their senior years now and in the future will likely need to save a substantial sum of money for their retirement. Without savings, they risk…
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Thailand’s banking industry has waded through many economic crises in the last few decades, the latest being the COVID-19 pandemic. Despite their preparedness, new risks and challenges continue to test the…
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Thai agricultural officials impounded about 50 tonnes of durian at an export warehouse, in the eastern province of Chanthaburi province yesterday (Monday), after they found much of the fruit was…
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Tesla CEO Elon Musk has acquired a 9% stake in Twitter to become its largest shareholder while joining other critics in questioning the social media platform’s dedication to free speech…
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Thailand’s Finance Minister Arkhom Termpittayapaisith has revoked the business licenses of two financially-troubled Thai insurance companies, Southeast Insurance and Thai Insurance, effective today (Friday), following a massive amount of COVID-19…
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Ending weeks of speculation, the Bank of Thailand (BOT) and the Securities and Exchange Commission (SEC) on March 24 put in place new regulations governing the digital assets business, effectively…
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Thailand shipped the first consignment of chicken products to Saudi Arabia in 18 years on Monday, as diplomatic relations between the two countries are gradually restored following three decades of…
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The controversial Klong Dan wastewater treatment project has made headlines at regular intervals over the past three decades. News reports initially described the plant as a solution to water pollution,…
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The Bank of Thailand (BoT) is to issue a new regulation to limit investment in digital assets by business units of commercial banks to no more than 3% of their…
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Most Thai households have been bogged down by high debt even before COVID-19 struck in early 2020. For many years, the average Thai worker has been struggling to make ends…
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Thailand’s Securities and Exchange Commission (SEC) has issued a set of regulations to be applied to digital assets operators, which take effect on April 1st, barring them from using digital…
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Low-cost accommodation on Samui Island has been arranged for the many Russian and Ukrainian tourists stranded in Thailand due to the war in Ukraine. Up to 30 rooms at a…
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Sixteen entertainment establishments are calling on the government to scrap a law, introduced by a military junta in 1972, which bans the sale of alcoholic beverages between 2pm and 5pm….
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House buyers are being warned that they may have to pay an additional 5-8% next month because of rising construction costs, driven by the conflict in Ukraine which has spurred…
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The Bangkok Metropolitan Administration (BMA) has announced the further easing of COVID-19 restrictions. Meetings, conferences and events can now be held in hotels, convention and exhibition centres and shopping malls…
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Bumrungrad International Hospital has been ranked Thailand’s best hospital, as listed in the World’s Best Hospitals 2022 by Newsweek magazine. The survey is based on data collected from over 80,000…
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The number of Russian tourist arrivals in Phuket has decreased by 75%, while 3,000 Russian tourists are stranded on the resort island due to the international sanctions being imposed on…
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The reverberations from Russia’s invasion of Ukraine are being felt around the globe. The war itself has severely disrupted the production and export of oil, gas, fertilizers, as well as…
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The Thai Prime Minister’s advisor Pirapan Salirathavibhaga, recently in charge of the three-decade-long Hopewell saga, which is a case between the Thai government on one side and Hopewell (Thailand) on…
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Thailand’s sliding birth rate, which hit a record low last year, is ringing alarm bells in the corridors of government. The long-term socioeconomic consequences of this phenomenon are being fully…
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SEATTLE/PARIS, March 4 (Reuters) – Boeing Co has preliminary plans to boost production of its cash cow 737-family narrowbody to around 47 per month by the end of next year,…
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TOKYO, Feb 28 (Reuters) – Crude oil jumped while the rouble plunged nearly 30% to a record low on Monday after Western nations imposed tough new sanctions on Russia for…
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The impact on Thailand’s economy from the Russia-Ukraine conflict will depend on how long the hostilities go on and whether they will escalate, economic observers have noted. In response to…
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Fans of all ages of the “Bupphesanniwat” (Love Destiny) hit TV series four years ago may get the chance to see the long-awaited “Bupphesanniwat 2” movie, as the Kubix Digital…
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The government’s stumbles in tackling the economic problems that plagued the country due to the COVID-19 pandemic appears to have forced the ruling Palang Pracharath Party to reshuffle its economic team…
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The ongoing conflict in the coalition government over whether to grant Bangkok Mass Transit System Plc (BTSC) extension of its BTS Skytrain concession has left many people frustrated. There is…
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Widely dubbed the “Progressive Liquor Bill”, a new draft law on excise tax is tipped to revolutionize Thailand’s alcohol industry if it sails through Parliament untouched. Thailand’s booze market is…
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The Covid-19 pandemic and a slow economic recovery is set to make the Day of Love more expensive this year, posing a challenge for florists and gift shops in the…
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A high-level Thai business delegation will visit Saudi Arabia on February 26th, the first in many years, to promote trade and business between the two countries. Sanan Angubolkul, president of…
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Investors are worried about their tax liability and the method of calculation after the Revenue Department issued on January 31 tax guidelines for individuals engaging in crypto and digital token…
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A historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street Thursday, abruptly ending a four-day winning streak for the market….
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Doing business these days may not require capital investment or inventories for some traders, just a smartphone and persuasive talking skills. Take for example this garment trader, Wiranya Panda. She…
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Feb 1 (Reuters) – The New York Times Co’s acquisition of Wordle has created uproar on social media, with fans expressing fears that the popular online word game, which is…
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From February 1, Thailand will fling its doors wide open to foreigners from every corner of the world, offering quarantine-free entry for those who are fully vaccinated and test negative…
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The Thai government has claimed that the restoration of diplomatic relations with Saudi Arabia after 30 years will bring great benefits to the economy. Several sectors, such as tourism, labour,…
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The Revenue Department has agreed to do away with the proposed 15% withholding tax, which was to be imposed on digital asset trades, and to allow losses to be deducted…
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KUALA LUMPUR, Malaysia (AP) — Malaysia’s AirAsia Group said Friday it has changed the name of its listed holding company to Capital A to reflect the diversity of its business…
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A group of former employees of the now-defunct “The One Insurance” company rallied in front of Thailand’s Office of the Insurance Commission (OIC) since this morning (Thursday) to demand their…
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A major insurance company struggling with massive losses over COVID-19 compensations clarified today (Thursday) that it is still operating as usual, amid widespread concern among its clients, but insisted that…
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A new department in the Civil Court, exclusively to handle online trade and e-commerce cases, was formally opened today to receive complaints from members of the public. Shopping online has…
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Thailand’s Office of Insurance Commission (OIC) said that the financially-troubled Southeast Insurance Company cannot just shut down, as it has to receive a permission from the OIC first, amid concern…
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Tesla Inc on Wednesday forecast vehicle deliveries would comfortably grow by more than 50% year-over-year in 2022 despite persistent supply chain issues that it expects to be alleviated only next…
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