SEOUL (Reuters) – Samsung Electronics Co will halt operations of its last computer factory in China, the South Korean tech giant said on Saturday, the latest manufacturer to shift production…
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SEOUL (Reuters) – Samsung Electronics Co will halt operations of its last computer factory in China, the South Korean tech giant said on Saturday, the latest manufacturer to shift production…
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The Bank of Thailand (BOT) has ordered commercial banks and financial institutions to cut the higher interest rates, charged to customers with credit card balances and personal loans, by 2-4%,…
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Nok Air chairman Prasert Boonsamphan has assured that the Thai airline is determined to carry on operating, after the Central Bankruptcy Court accepted the company’s business rehabilitation plan yesterday. He…
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LONDON (AP) — A technology research firm says Huawei has overtaken Samsung to become the world’s biggest smartphone seller, as its home market in China emerged from the coronavirus pandemic…
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BEIJING (AP) — China is tightening travel restrictions in the Xinjiang capital amid a COVID-19 outbreak in the northwestern city. People arriving in Urumqi from regions considered to have high…
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CANBERRA, Australia (AP) — The Australian government said on Friday it plans to give Google and Facebook three months to negotiate with Australian media businesses fair pay for news content….
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Former Thai Prime Minister Thaksin Shinawatra has been sentenced to five years in prison after being found guilty, by the Supreme Court’s Criminal Division for Holders of Political Posts, for…
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The Tourism Authority of Thailand (TAT) will seek Cabinet approval for its plan to boost domestic tourism by targeting affluent Thais, who can afford overseas trips, adding that between 12…
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The Cabinet today approved the nomination of Sethaput Suthiwart-Narueput as the new Governor of the Bank of Thailand, succeeding Dr.Veerathai Santipraphob, whose five-year term will expire on September 30th. Sethaput,…
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Thailand’s Interior Ministry has about 30,000 job offers for rural inhabitants, to boost household consumption and to take care of elderly people who cannot help themselves. The employment opportunities are…
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A Constitutional Court judge has urged Thailand’s Prime Minister Prayut Chan-o-cha to investigate alleged mishandling, by the police and the public prosecutors, of the Red Bull heir hit and run…
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The first anti-COVID-19 vaccines are expected to be available for use in humans next year, at an estimated cost of 620 baht per dose, said Dr. Siriroek Songsivilai, secretary-general of…
Read MoreCONCORD, N.H. (AP) — The New Hampshire Supreme Court ruled Friday that a judge was wrong to dismiss a cafe owner’s complaint against Facebook that said his social media account…
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HANOI, Vietnam (AP) — Vietnam announced Friday that it was banning wildlife imports and would close wildlife markets in response to renewed concerns about the threat from diseases that can…
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Thailand could drop to the world’s third largest rice exporter, after Vietnam and India, due to a prolonged drought, which has affected rice output, and the strength of the baht…
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Thailand’s Disease Control Department (DCD) has upgraded its COVID-19 testing facility at Suvarnabhumi international airport, which is now capable of producing test results within 70 minutes. The DCD’s Director-General, Dr….
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The Thai economy is strong enough and the country does not need to seek a financial bailout from the International Monetary Fund (IMF), although its GDP this year may be…
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BEIJING (AP) — China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus…
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While Thailand remains closed to foreign tourists, as part of the anti-coronavirus restrictions, starting today (Wednesday), Thai citizens can apply online for significant discounts on air tickets, hotel accommodation and…
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Chinese President Xi Jinping on Tuesday stressed deepening economic and trade cooperation with Thailand and Singapore while continuing to jointly fight the pandemic with the two countries. CGTN of China…
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The hotel in Thailand’s eastern province of Rayong, where the Egyptian military mission stayed last week, has closed for at least 14 days from today (Tuesday) for a full cleansing…
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SHANGHAI (Reuters) – Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.4%, cashing out around $9.6 billion…
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As many as 1,000 police officers, from seven of Thailand’s southern provinces, are to be deployed in Jana district of Songkhla province this Saturday, to maintain peace and order during…
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Thailand’s Foreign Trade Department officials will meet with representatives of coconut product manufacturers, at the Ministry of Commerce on Wednesday, to discuss the impacts of a ban on their products…
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Thailand’s Finance Ministry has introduced tax measures to help cushion the serious economic impacts of COVID-19 on businesses and employment. The Finance Ministry’s spokesman, Mr. Thanakorn Wangboonkongchana, said today that,…
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The Thai Commerce Ministry will invite members of the foreign diplomatic corps to observe the harvesting of coconuts by pigtailed macaque monkeys, in an effort to prove that the process…
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Thailand’s Finance Ministry is considering extending the Thiew Pan Sook (Happiness Sharing Tour) program to cover community and agriculture based tourism, while providing tourism operators and airlines with access to…
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Confidence among Thailand’s tourism business operators fell to the lowest level in a decade during the second quarter of 2020, with about 2.6 million workers already out of work and…
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International air services in and out of Thailand will resume on Wednesday July 1st, after the Civil Aviation Authority of Thailand decided to allow six groups of foreigners and citizens…
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TOKYO (Reuters) – Retail sales in Japan tumbled at a double-digit pace for the second straight month in May as the coronavirus pandemic and lockdown measures delivered a heavy blow…
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Thailand’s National Economic and Social Development Board (NESDB) has agreed the first 213 projects, out of about 46,000 proposed by government agencies and local administration organizations, to rehabilitate the economy…
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WELLINGTON, New Zealand (AP) — Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia’s largest airline tries to survive the coronavirus…
Read MoreThailand’s low-cost airline, NokScoot, plans to take three aircraft out of service and reduce its staffing level at the end of this month, in a major reorganization caused by the…
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Thailand’s National Communicable Diseases Committee has approved a proposed relaxation of travel restrictions, to allow certain foreigners, from countries deemed as low risk, such as New Zealand, Australia, Japan, Taiwan…
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A detailed list of measures, which will potentially be applied to pubs, bars and karaoke bars, if they are allowed to resume business on July 1st, has been drawn up…
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The Civil Aviation Authority of Thailand (CAAT) has further eased domestic air travel service restrictions, by doing away with the on-board social distancing requirement. CCAT Director Mr. Chula Sookmanop said…
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Thailand’s Cabinet has rolled out four new schemes to help people affected by business closures caused by COVID-19 and who missed out on previous aid packages. The new measures will…
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Thailand’s Cabinet today approved three packages intended to reboot Thailand’s declining tourism industry, hit hard by the COVID-19 pandemic. Tourist arrivals and revenues for the first quarter of this year…
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The Civil Aviation Authority of Thailand (CAAT) will hold a meeting with international airlines on Tuesday to discuss preparations for the partial resumption of international services. Currently, both out-bound and…
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German airline Lufthansa said Thursday that it would have to slash 22,000 full-time jobs as the recovery in demand for travel following the coronavirus pandemic will be muted. “The recovery…
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Thailand’s Finance Ministry is to roll out an incentive scheme to encourage Thai people to travel and spend domestically, in order to revive the local tourism industry, hard hit by…
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The management of Bangkok’s luxury shopping mall, Siam Paragon, has ordered the closure of Paragon Cineplex for three days, after Major Group, the operator of the cinemas, held a social…
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Collapsing revenues, rising layoffs: the coronavirus crisis is battering media outlets across Africa that were already struggling for cash and often facing pressure from hostile authorities. The news of cutbacks…
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Chinese short video app makers have taken their rivalry overseas, with TikTok facing stiff competition from a newcomer that has surged in popularity abroad — by paying users to keep…
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Former international crime prosecutor, Mr. Wanchai Roujanavong, has likened the proposed rehabilitation of Thai Airways International to the opening of a Pandora’s Box, which will expose extensive corruption in the…
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Thailand’s GDP for the whole of 2020 is forecast to contract by as much as 6%, instead of 5% as previously projected, according to the Kasikorn Research Centre (KRC). Ms….
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Thai people may, belatedly, be able to celebrate the traditional Thai New Year, or Songkran, in July if the third phase of the easing of lockdown restrictions this month goes…
Read MoreThe Communicable Disease Committee of Bangkok and the Bangkok Metropolitan Administration (BMA) have identified 17 business and leisure activities which can resume tomorrow, in the third phase lockdown easing. They…
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Only about a quarter of the 8.4 million Thai workers at risk of losing their jobs, due to COVID-19 related closures, are now expected to be made redundant, thanks to…
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Former PTT Plc President and CEO Pailin Chuchottaworn has resigned from the board of Thai Airways International, just one day after his appointment took effect, due to a legal technicality….
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Thailand’s Federation of State Enterprise Labour Relations, the umbrella organization of state enterprise unions, has voiced its strong objection to a court-sanctioned rehabilitation scheme for Thai Airways International, saying that…
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Thailand’s Central Bankruptcy Court today has accepted Thai Airways International’s bankruptcy protection petition for consideration and set the first hearing for August 17th. The court’s decision to accept the…
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Hope for Thailand’s ailing national airline now rests on the shoulders of four new board members, who have been tasked with the tough job of cleaning up and preparing the…
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Citing health security, the Thai Cabinet today approved the CCSA’s proposal for an extension to the nation-wide state of emergency for another month, to the end of June. Government spokesperson…
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Citing health security, the Thai Cabinet today approved the CCSA’s proposal for an extension to the nation-wide state of emergency for another month, to the end of June. Government spokesperson…
Read MoreBeleaguered Thai Airways International today (Tuesday) filed a bankruptcy protection petition with the Central Bankruptcy Court in Bangkok. The move followed the Finance Ministry’s sale of 3% of its shares…
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The Ministry of Transport has backed down over its demand to have a role in the administration of the court-sanctioned rehabilitation plan for Thai Airways International, now that the ailing…
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China said Sunday that relations with the United States were “on the brink of a new Cold War”, fuelled in part by tensions over the coronavirus pandemic, as Muslims around…
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The Thai tourism sector is forecast to suffer a revenue reduction, estimated at 1.69 trillion baht this year, due to the COVID-10 pandemic and the weak purchasing power of tourists,…
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Life is gradually returning to Thailand’s Hua Hin seaside resort, after Prachuap Khiri Khan provincial administration eased lockdown restrictions on May 18th, allowing hotels, food shops, shopping malls, department stores,…
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Thailand’s Eastern Economic Corridor (EEC) Policy Committee today approved the draft joint venture contract for the development of the 290-billion baht Eastern Airport City and U-Tapao airport project. The project…
Read MoreThe Monetary Policy Committee (MPC) of the Bank of Thailand has cut the benchmark interest rate by 25 basis points, to a new record low of 0.50%, with immediate effect….
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The Transport Ministry has nominated 15 candidates for administrator, of the rehabilitation plan for ailing Thai Airways International, to Prime Minister Prayut Chan-o-cha for consideration. Transport Minister Saksayam Chidchob said…
Read MoreThailand’s cabinet has decided to let financially-strapped Thai Airways International enter a court-sanctioned rehabilitation scheme, under the Thai bankruptcy laws. Speaking at a news conference today (Tuesday), Prime Minister Prayut…
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The labour union of Thai Airways International has voiced objection to any plan to reduce the Finance Ministry’s stake in the national flag carrier. The Ministry is the major shareholder…
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TOKYO (Reuters) – Japan’s economy slipped into recession for the first time in 4-1/2 years, GDP data showed on Monday, putting the nation on course for its deepest postwar slump…
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Although it is likely that struggling Thai Airways International will have to apply for a court-sanctioned rehabilitation programme, under the country’s bankruptcy law, there are a number of prerequisites to…
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After years of heavy losses, Thailand’s struggling national airline is making headlines with its last-ditch attempt to survive a spiralling financial crisis fuelled by the global coronavirus pandemic. Thai Airways…
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14.5 million Thai citizens have passed the eligibility screening for the three month 5,000 baht state subsidy. Mr. Lawan Saengsanit, director of the Fiscal Policy Office and spokesman of the…
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Prime Minister Prayut Chan-o-cha said today that the only way for Thai Airways International (THAI) to survive its financial crisis is to enter and stick to an effective rehabilitation program,…
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Prime Minister Prayut Chan-o-cha said today that people scrambling for donated items at food banks must stop, describing it as totally unacceptable. The Prime Minister, however, thanked donors for establishing…
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Food banks have become a new fad, in the wake of the COVID-19 pandemic, where anonymous philanthropic people, who want to help their fellow countrymen affected by business closures, can…
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The Bangkok Metropolitan Administration (BMA) will extend the operating hours of Chatuchak weekend market, from 6pm to 7pm, to accommodate shoppers who prefer to visit the market in the evening,…
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All Thailand’s provincial governors have been instructed, by the country’s Interior Ministry, to screen everyone arriving from the southern resort province of Phuket and to quarantine anyone suspected of being…
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The Chatuchak weekend market, popular with both Thai and foreign tourists, will reopen this weekend, but visitors will be required to observe physical distancing and wear face masks. Mrs. Walaya…
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Home-sharing platform Airbnb said Tuesday it will slash one fourth of its workforce — some 1,900 people — as the coronavirus pandemic crushes the travel industry. The cuts are needed…
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Thailand’s Prime Minister Prayut Chan-o-cha has warned stores that they must observe the rules on maintaining strict physical distancing between their customers, or they may be closed down again. The…
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Hundreds of people gathered at the Public Relations Department (PRD) this morning (Tuesday) to file petitions to receive the 5,000 baht/month cash subsidy, promised by the Thai government, after they…
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A second set of swabs, taken from 40 asymptomatic in-patients at a hospital in Thailand’s Yala province, have been sent to a laboratory in Songkhla for analysis. This comes after…
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Thailand’s exports to US market are forecast to contract by as much as 9.2% this year, due to the COVID-19 pandemic in the United States and the GSP privilege removal…
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Thailand’s state-run Bank of Agriculture and Agricultural Co-operatives (BAAC) has agreed to grant a one-year debt moratorium to 3.3 million farmers, farmer’s groups, agricultural cooperatives and village funds from April….
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Thailand’s National Hazardous Substances Committee (NHSC) today (Thursday) voted not to postpone the June 1st deadline for the ban two toxic weed killers, paraquat and chlorpyrifos. Twenty-four of the 28…
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From this Sunday, six types of businesses and recreational activities will be allowed to reopen in Thailand, but on a limited scale, as the CCSA gradually eases COVID-19 lockdown restrictions….
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The overall damage Thailand’s national economy, caused by the COVID-19 pandemic, is currently estimated at about one trillion baht, while business confidence for the first quarter of this year has…
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Thailand’s chance of joining the trans-Pacific trade bloc is now very slim after strong opposition has prompted the withdrawal of a proposal to apply for membership. Given the ongoing Covid-19…
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Under pressure pharmaceutical and agricultural groups, the Thai Commerce Ministry has withdrawn its cabinet proposal recommending that Thailand should join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Deputy…
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The Pharmacy Council of Thailand (PCT) has urged the Government not to rush into joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, fearing that early entry, without…
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As Covid-19 infections and fatalities continue to rise across the world, many billionaires are stepping up to help ease the blow for the poorest people while also fighting back against…
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The cabinet has approved an Energy Ministry proposal for the Government to help shoulder the electricity bills of 22 million households for three months, back dated to March, to cushion…
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Prime Minister Prayut Chan-o-cha gave his assurance today that the Government has no intention whatsoever of begging for or borrowing money from the country’s 20 richest people, after he invited…
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The Bangkok Metropolitan Administration (BMA) has extended the ban on the wholesale and retail sale of liquor, from April 20th until end of the month, in line with the ban…
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The price of un-milled Thai rice, for the 2019-2020 crop year, has increased to between 10,800 and 11,000 baht per tonne, which is the highest in about a decade. The…
Read MoreThailand’s Prime Minister Prayut Chan-o-cha has appealed to Thailand’s 20 richest people for help by asking them to join the Government in steering the country through the crisis caused by…
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A researcher at Thailand’s economic think-tank, the Thailand Development Research Institute (TDRI), has predicted that the number of poor people in Thailand might grow three-fold to about 18.9 million if…
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As many as ten million workers in Thailand may lose their jobs in the next three months, if the COVID-19 pandemic drags on and if the Government does not provide…
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Many shoppers recently seeking to purchase groceries from the Seattle-based e-commerce company found they could not place orders due to a lack of available delivery slots. Amazon said it would have to relegate…
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The Government is yet to decide whether a 24-hour curfew is necessary, government spokeswoman Mrs. Narumon Pinyosinwat said today, as she tried to allay public fears about the extension of…
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Thailand’s cabinet has approved a third economic package, estimated to cost about 10% of the country’s GDP, or 1.6 trillion baht, to help those who did not benefit from the…
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The Bangkok Metropolitan Administration (BMA) has reduced the opening hours of convenience stores, food shops and stalls by ordering them to close from midnight to 5am, from Thursday until end…
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Thailand’s Land Transport Department has suspended, until further notice, all public transport to Phuket, Yala, Pattani and Narathiwat, following reports of the rapid spread of COVID-19. The department’s director-general, Mr….
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