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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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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Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020. With investors increasingly wary of risk, the world’s most popular…
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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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The Central Committee on the Price of Goods and Services has decided to freeze the prices of 46 items, including instant noodles, vegetable oil, canned food and five services, until…
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The price of cooking gas in Thailand will be increased by one baht/kg every month for three months, which will send the price of a 15kg cylinder of household cooking…
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WASHINGTON (Reuters) – The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S….
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LONDON (Reuters) – Bitcoin steadied on Tuesday after earlier hitting a new 18-month low, as major crypto lender Celsius Network’s freezing of withdrawals and the prospect of sharp U.S. interest…
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Thailand’s inflation for this year is projected to rise from 4.9% to 5.9%, which would be the highest in 24 years. It may peak at 7% during the third quarter,…
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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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NEW YORK (AP) — Wall Street tumbled into what’s called a bear market Monday after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below…
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Thailand’s Fuel Fund Executive Committee decided today (Monday) to increase the diesel price by another one baht per litre, to 34.94 baht, effective tomorrow, the fourth rise since May 1st…
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Thai durian has outranked rice and para rubber as Thailand’s top export performer, with export volume last year estimated at about 187 billion baht, compared to 100 billion baht for…
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Education is an important tool when dealing with inequality, be it economic, social or others. Children can escape the poverty trap, whereas their parents could not do so for generations,…
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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 Thai cabinet today (Tuesday) acknowledged the Monetary Policy Committee’s projection that the country’s inflation this year will reach 4.9%, which is higher than previous forecasts, mainly due to increases…
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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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The Government Lottery Office (GLO) will consider whether to increase digital lottery ticket sales after all 5.27 million were snapped up in four days and six hours, after the launch…
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The Fuel Fund Executive Board decided to increase the price of diesel fuel by another baht today (Monday), to 33.94 baht per litre, effective tomorrow, following a spike in global…
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The prices of many consumer products have been increasing, as the Thai Retailer Association warns that there is little prospect that they will come down in the next few months….
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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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The Fuel Fund Executive Committee decided today (Monday) to increase the retail price of diesel fuel by 1 baht to 33 baht per litre from tomorrow. The new price 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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Retail prices of benzene and all types of gasohol have increased eight times during May, by a combined total of 4 baht per litre, with the only price drop being…
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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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Delivery service bike riders are complaining about the rising price of gasohol and benzene and are calling for help from the government, as did users of diesel, the price of…
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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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Despite appeals to palm oil producers, by the Commerce Ministry, to maintain their ex-factory price at between 65 and 68 baht per one-litre bottle, the price of bottled palm oil…
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The confidence index of Thailand’s industrial sector for April has dropped to 86.2, the lowest since last December, due to concerns over rising production costs, according to President of the…
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Thailand’s Fuel Fund Executive Committee has decided to maintain the diesel price at 32 baht per litre, at least until Sunday, even though the cabinet agreed yesterday to cut the…
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The Thai cabinet decided to slash excise tax on diesel by 5 baht/litre for two months today (Tuesday), effective from May 21, to help ease the financial burden on consumers….
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The Government Housing Bank’s (GHB) special low interest housing loans, worth 450 million baht in total, were fully subscribed in just 36 seconds, according to the state-run bank. The special…
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The National Economic and Social Development Council (NESDC) has decided to cut Thailand’s gross domestic product (GDP) growth projection for 2022 to between 2.5% and 3.5%, or an average of…
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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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The Thai cabinet approved new pay rates for three groups of workers today (Tuesday), covering 16 occupations, as proposed by the Labour Ministry. Construction workers: Gypsum board installation: Level 1:…
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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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Oil palm farmers, oil extractors and producers have promised Thailand’s Internal Trade department that they will try to maintain the price of bottled palm oil between 64 and 66 baht/L….
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The fifth phase of the 50-50 co-payment economic stimulus scheme is being studied, according to Prime Minister Prayut Chan-o-cha, who admitted today (Friday) that the national budget is depleted and that the…
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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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Motorcycle taxi drivers can now download the “Thung Ngern” application onto their smartphones, so they can receive a 250 baht/month subsidy from the state until the end of July, to…
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More than 70 billion baht, of a combination of funding from the government and consumer’s own money, has been spent under three economic stimulus projects, rolled out by the government…
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While workers’ demands always make headlines on Labour Day, more than half of working Thais have nothing to look forward to since they are “informal workers”. Even if those demands…
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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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The average household debt in Thailand has increased 5.09% year on year, to 217,952.59 baht, the highest in 14 years, and this year the debt may reach 95% of the…
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The Fuel Fund Executive Committee has decided to increase the diesel price, which has been capped at 30 baht/litre since December last year, to 32 baht/litre, effective from May 1….
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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 —…
Read MoreThe price of diesel at gas stations in Thailand is expected to increase, from today’s 30 baht to 35-36 baht per litre from May 1st, when the government cap on…
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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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The Russian invasion of and subsequent war in Ukraine are driving up the prices of construction materials in Thailand, especially iron rod and steel products, the prices of which have…
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The government has been advised to take steps to cope with an average 5% to 10% increase in the prices of goods in May, when the diesel price, which has…
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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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Spending by the public during the long Songkran holiday next week is projected to be the lowest in a decade, because consumers are tending to be more careful due to…
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Thailand’s inflation in March increased to 5.73% year on year, which is the highest monthly rise in 13 years, largely due to the price increases for oil, electricity and food…
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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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NEW YORK, April 3 (Reuters) – Oil prices fell at the start of Asian trade on Sunday, after the United Arab Emirates and the Iran-aligned Houthi group welcomed a truce…
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Business owners in the Khaosan area of Bangkok have decided to cancel plans for Songkran celebrations this year, citing the multiple restrictions with which they would have to comply. President…
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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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March 29 (Reuters) – As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier…
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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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Thailand may experience fertiliser shortages in April and May and prices are expected to increase further as a result of the ongoing war in Ukraine. President of Thai Fertiliser and…
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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 Thai government is expected to spend about 45 billion baht to fund a set of measures to ease the burden on the public of rising oil and gas prices…
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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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The Bank of Thailand (BoT) says that the Thai banking system has undergone regular stress tests and remains resilient, with a high level of capital buffers to help it to…
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The Thai cabinet today (Tuesday) rolled out a number of measures to help the public cope with the rising prices of goods, services and energy prices, some resulting from the…
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The Thai Feed Mill Association is urging the government to review its policy of allowing the export of maize and soybean meal for animal feed, to ease the shortage of…
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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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Residential, commercial and industrial users of electricity will face higher electricity bills from May until August after the Energy Regulatory Commission has decided to increase the FT (fuel tariff) rate…
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The ex-farm price of chicken eggs has been increased to 3.20 baht each (US$0.093), effective today (Thursday), after Thailand’s Internal Trade Department agreed to an increase of just 10 satang…
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The cabinet has approved a draft 3.18 trillion baht national budget for the 2023 fiscal year, an increase of 2.74%, or 85 billion baht, over the current year. Government Deputy…
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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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The Gold Research Centre says there are four factors to watch, which may influence the price of gold in Thailand this week, as most investors are predicting that the metal’s…
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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 government has promised to do its best to keep the price of diesel at no more than 30 baht/litre for as long as possible, said a tired-looking Prime…
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People in Thailand’s capital queued up this morning (Wednesday) at gold shops along the Yaowarat Road, widely known as Bangkok’s Chinatown, to sell their gold for cash, because gold prices…
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Prime Minister Prayut Chan-o-cha has instructed relevant agencies to launch energy conservation campaigns as part of the national agenda, with the public sector taking the lead, to reduce the consumption…
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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…
Read MoreThree economic stimulus packages, introduced by the government to boost the purchasing power of consumers and to stimulate the economy have, so far, cost the taxpayer about 29 billion baht…
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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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