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The Latest Breaking News from Thailand

Ratch allots B30bn for investment in 2022

Ratch Group Plc, Thailand's largest private power generator by capacity, expects to allocate an investment budget worth 30 billion baht in 2022 as it continues to expand its power business and invest more in renewable energy development.

Bangkok Post

TAT: Tourist arrivals hit by Russia-Ukraine crisis

The Russia-Ukraine crisis will have an adverse impact on foreign tourist arrivals, says a Tourism Authority of Thailand (TAT) official.

Bangkok Post

MWL Chief Meets Religious Leaders in Thailand

Secretary-General of the Muslim World League (MWL) Sheikh Mohammad bin Abdulkarim Al-Issa and an accompanying delegation visited the Kingdom of Thailand upon an official invitation from the Thai government. Religious leaders in Southeast Asia have praised the “fruitful” visit to Thailand by the MWL delegation. During the visit, Fatoni University…

Asharq Al-Awsat

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Oil price, not supply, is biggest concern, says energy ministry

Thailand has two-months of oil reserves, but the Russia-Ukraine crisis could affect future energy prices, according to the Energy Ministry.

Bangkok Post

Thailand to face Uzbekistan in quest for Asian Cup berth

HONG KONG: Southeast Asian champions Thailand will take on 2011 Asian Cup semi-finalists Uzbekistan in the next round of qualifying for the 2023 Asian Cup finals in June.

Bangkok Post

Fiscal, monetary policy to help ensure full recovery in 2024 - Arkhom

Thailand's fiscal and monetary policy are still operating together to achieve 4% economic growth this year and ensure a full economic recovery, the finance minister said on Thursday.

Bangkok Post

Asian stocks, FX tumble as Russia attacks Ukraine

Asian stocks and currencies were battered on Thursday with shares in Thailand losing almost 1.6% and Singapore shares dropping 2% as the Russian attacks on Ukraine spoiled investors appetite for risk.

Bangkok Post

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Crisis at billionaire Charoen’s insurance firms rattles industry

Thailand’s richest man, Charoen Sirivadhanabhakdi, built a 516-billion-baht fortune mostly from liquor and retailing. He’s had a tougher ride in the financial sector.

Bangkok Post

Thailand reports record 23,557 new Covid cases

The Public Health Ministry on Thursday reported a record daily increase of 23,557 new coronavirus infections during the previous 24 hours, as the kingdom deals with an outbreak driven by the Omicron variant.

Bangkok Post

SET sweetens the deal for foreign listing candidates

The Stock Exchange of Thailand (SET) has shortened the period in which foreign companies are required to retain financial advisers after listings as part of a bid to encourage more non-Thai entrants to the market.

Bangkok Post

Will Songkran be a washout?

The Thai New Year festival of Songkran is recognised as the most important annual event in the country, similar to Golden Week in China and Japan when a torrent of people are expected to hit the road for a long holiday.

Bangkok Post

Laos agrees to reopen border

Thailand and Laos have agreed to soon reopen cross-border checkpoints, government spokesman Thanakorn Wangboonkongchana said on Wednesday.

Bangkok Post

Thailand face Laos in Asean U23 semi-finals

Thailand will meet Laos in the semi-finals of the AFF U23 Championship in Cambodia on Thursday.

Bangkok Post

Thailand presses on with IP measures

Thailand vows to move ahead with plans to tackle intellectual property (IP) infringements even as the US recently announced it will exclude Thailand from its Notorious Markets List both for physical and online markets.

Bangkok Post

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Bangkok Post

Full recovery key to BoT raising policy rate

If the central bank wants to raise the policy rate, it has to be confident the economy is in full recovery first, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

CP chief creates blueprint for growth

Hyperinflation is a critical risk for the country's economy this year, driven by surging prices of imported fuels, a shortage of agricultural raw materials and electronic components as well as higher cost of transport, according to conglomerate Charoen Pokphand Group (CP).

Bangkok Post

Hiked wages could ease current slump

Before getting to the main story of raising wages, I have a point of concern to raise. That is the unusual movement of Thai baht exchange rates. Theoretically, this is the time the baht should be depreciating because of rising current account deficits due to the high prices of imported…

Bangkok Post

Hong Kong applies to join RCEP trade agreement

Hong Kong has submitted an application to join the 15-member Regional Comprehensive Economic Partnership agreement, a mega trade agreement involving countries such as Thailand, Japan and South Korea, the government said on Wednesday.

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The Independent UK

Thailand eases entry requirements despite omicron threat

Thailand will ease some entry requirements for foreign visitors as it balances a rising number of coronavirus cases with the need to rebuild its pandemic-damaged economy

Bangkok Post

Arkhom: Full economic recovery before any rate hikes

Thailand cannot contemplate any interest hikes until its economy is fully recovered, and fiscal and monetary policy will continue to support businesses and an economic recovery, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Bangkok Post

Economic recovery to continue but still fragile - BoT minutes

Thailand's economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on activity than earlier COVID-19 waves, according to minutes of the Bank of Thailand's (BoT) last policy meeting.

Bangkok Post

Deep dive into Thailand's EV perks package

The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.

Bangkok Post

Thais urged to embrace disruptive tech

Accelerating the roll-out of digital and disruptive technologies while promoting a circular economy approach in key industries could generate up to US$3.4 billion per year through investment flows, savings and revenues for Thailand, according to a new World Bank Group report launched on Tuesday.

Bangkok Post

Fine art exhibit is all about the connections

La Lanta Fine Art is hosting "Prophilia", the first solo exhibition in Thailand by renowned Vietnamese contemporary artist Richard Streitmatter-Tran, from Saturday to April 5.

Bangkok Post

Frasers shifting focus as pandemic hits homebuyers

Residential developer Frasers Property Home (Thailand) will shift to single detached houses and the upper-end segment as the pandemic has hit purchasing power of townhouse buyers and middle-to low-income earners.

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