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The Latest Breaking News from Thailand

Bank of Thailand raises key interest rate

The Bank of Thailand (BoT) raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds.

Bangkok Post

Brit, 74, lucky to be alive after being knocked down in hit-and-run in Thailand

Peter Palmer, 74, was on holiday in Thailand when a white pick-up struck him while he crossed a zebra crossing and left the scene with him lying unconscious on the ground, it is reported

Daily Mirror

First patient with Deltacron covid strain in Thailand fully recovered

The first patient diagnosed with the XBC Deltacron covid strain in Thailand has fully recovered and the symptoms were not severe, the director-general of the Department of Medical Sciences said on Wednesday.

Bangkok Post

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Factory output unexpectedly falls

Thailand's manufacturing production index (MPI) in October dropped 3.71% from a year earlier, due to weaker exports and refinery maintenance shutdowns, the Industry Ministry said on Wednesday.

Bangkok Post

Thailand heads for third-straight modest rate hike as GDP recovers

The Monetary Policy Committee is set to raise its key rate by a quarter point for a third straight meeting as an accelerating economic growth aided by tourism revival risks stoking prices.

Bangkok Post

Somyot says Teeratep can be FAT chief

Thailand football chief Pol Gen Somyot Poompunmuang said yesterday he backs former national team striker Teeratep Winothai's plan to take over the helm of the country's governing body of the sport in the future.

Bangkok Post

Applications for hotel asset warehousing scheme decrease

The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).

Bangkok Post

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Citizenship needs revamp

Congratulations to Chatchai Choi, formerly known as Choi Young-seok, the coach of Thailand's national Taekwando team, for receiving his Thai national ID card.

Bangkok Post

Thai digital banking matures

Thai banks score among the best for customer retention on mobile banking, alongside counterparts in the US, China, India and the UK, according to a global survey by Deloitte Consulting.

Bangkok Post

ONEAM upbeat on SET outlook for 2023

The Stock Exchange of Thailand (SET) is expected to outperform other markets globally next year, peaking at 1,780 points, with the ongoing economic recovery and the upcoming election boosting investment sentiment, says One Asset Management (ONEAM).

Bangkok Post

Forum sees growth in marketing budgets

Marketing budgets in Thailand are expected to grow 5-10% next year despite global economic volatility and geopolitical conflicts, according to the Marketing Association of Thailand (MAT).

Bangkok Post

Thailand predicted to fail on EV target

Thailand is likely to miss its ambitious target of electric vehicles (EVs) comprising 50% of locally made vehicles by 2030 for a variety of reasons, notably high energy prices and limited EV charging facilities, says global management consultancy Arthur D. Little.

Bangkok Post

Unnati Hooda starts on a winning note at Badminton Asia Junior Championships

NEW DELHI: Rising Indian star and top seed Unnati Hooda started her Badminton Asia Junior Championships campaign on a winning note as six other Indians won their respective matches in Nonthaburi, Thailand on Tuesday.

The Times of India

Economy may miss forecast next year as global growth slows: Arkhom

Thailand's economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but this year's outlook should still be achieved, the finance minister said on Tuesday.

Bangkok Post

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Bangkok Post

Project targets startup funding

The Thai startup community has launched the "Thailand Accelerator" project, aimed at bringing more qualitative talent startups to scale and fostering growth in the startup ecosystem. The project targets firms from seed to the pre-Series A funding round.

Bangkok Post

Study puts spotlight on green finance

Fostering sustainable financing to help the country move towards net-zero carbon emissions and expanding digital assets are among the major roles the Thai capital market is to focus on over the next five years to enhance its competitiveness and support overall economic growth, a recent study revealed.

Bangkok Post

ThaiBev premium beer debuts

Thai Beverage (ThaiBev), the Singapore-listed food and beverage company, has unveiled its new premium beer to strengthen its beer portfolio.

Bangkok Post

Airasia expands ride service

Airasia ride, a ride-hailing service under the airasia Super App, is forging ahead with an aggressive move to entice drivers with a low 15% commission fee, while setting competitive fares to attract passengers, particularly tourists.

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Bangkok Post

Veteran Teeratep retires, sets sights on FAT presidency

Teeratep Winothai now aims to become president of the Football Association of Thailand (FAT) after playing the last game of his career on Sunday.

Bangkok Post

Park to be tabled for World Heritage status

Thailand's World Heritage Convention Committee, led by Deputy Prime Minister Prawit Wongsuwon, is gathering details for an application for Udon Thani's Phu Phra Bat Historical Park for consideration as a Unesco World Heritage site.

Bangkok Post

Tourist arrivals set to slow next year

The tourism sector might be challenged by a slow market in the second quarter next year as there will be no more pent-up demand which fuelled the market this year, according to the Tourism Authority of Thailand (TAT).

Bangkok Post

EIC downgrades growth forecast for 2023

The Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank, has slashed its 2023 GDP growth projection for Thailand due to the global economic slowdown and the increased likelihood of a recession in developed economies.

Bangkok Post

Free laptops for poor students

The Digital Economy and Society (DES) Ministry plans to distribute 13 million free laptops to poor students between 2023 and 2027 under its action plan for the Smart Thailand scheme.

Bangkok Post

Send the triads packing

The latest crackdowns against accused members of Chinese triads are not just cops routinely chasing after baddies. The much-reported case of Chaiyanat "Tuhao" Kornchayanant, an alleged leader of a Chinese crime syndicate who turned himself in to the police, shows these suspects are not small-time but are well-connected and powerful…

Bangkok Post

New world order starting in SE Asia

Right here, right now, the new international order is in the making. Because of the war in Ukraine, the divided world and its leaders had to rendezvous in Southeast Asia for nearly a week recently. Those with the stamina to last the duration have benefited the most from bilateral discussions,…

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