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The Latest Breaking News from Thailand

New Year spending seen at 3-year high - UTCC

Thailand's consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday.

Bangkok Post

Ratch Group completes $605m Nexif acquisition

SET-listed Ratch Group, Thailand's largest private power producer by capacity, has completed a US$605 million deal to acquire Singapore-based Nexif Energy Joint Venture, part of a move to grow its energy and battery businesses.

Bangkok Post

Welcome back

As the world has recovered from the Covid-19 pandemic's three-year assault, the Tiger will hand the baton off to the Rabbit. The 2022 countdown celebration was ultimately toned down when Omicron infections quickly spread and the number of new Covid-19 cases in Thailand exceeded 20,000 in February.

Bangkok Post

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Warrix outlines B1bn expansion drive after IPO

Sportswear manufacturer Warrix Sport Plc aims to use more than 1 billion baht from its initial public offering (IPO) to expand the company's sport, health and lifestyle brand in Thailand and overseas.

Bangkok Post

How did China surpass Thailand?

Thailand revolutionised its political and administrative systems in 1932, well before China, which did not start until 1949. The shared drive for this revolution was the economic hardship of the populace. Both Thailand and China were poor nations. Their economy stagnated and was under the control of the privileged groups,…

Bangkok Post

Domestic subsidy to be reduced

The subsidy scheme for domestic tourists might be reduced to 500,000 rooms from 1.5 million after the cabinet this week cut the proposed budget of 8.7 billion baht by half, according to the Tourism Authority of Thailand (TAT).

Bangkok Post

Apec summit expected to generate B600bn

An industry council estimates the Apec Summit 2022 held in Bangkok last month will generate 500-600 billion baht in benefits for Thailand's economy over the next 3-5 years.

Bangkok Post

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Agency focuses on foreign investments

The National Innovation Agency (NIA) is gearing up to support foreign investments in Thailand through joint ventures and partnerships with local entities in technology, targeting US$1 billion worth of deals over five years.

Bangkok Post

Food inflation fears send rice exports to 4-year high

Thailand, the world’s biggest rice exporter after India, is on track to ship the highest volume in four years as importing countries boost purchases to replenish stockpiles and keep a lid on food inflation.

Bangkok Post

Thais rescued from call scammers after live-streaming for help

Seven Thais who live-streamed that they had been duped into working for a scam gang in Cambodia to swindle Thai nationals have been rescued and returned to Thailand.

Bangkok Post

H Sem Motor sees EV bike sales rising

Local electric motorcycle manufacturer H Sem Motor Co expects sales in Thailand to reach 10,000 units next year, and plans to increase the number of charging stations for motorcycles by 30-40 in 2023.

Bangkok Post

XD issues bullish projection for tokens

Investment tokens are expected to gain widespread popularity in Thailand next year as digital assets become a mainstream funding option for investors, says digital asset platform operator XSpring Digital (XD).

Bangkok Post

Car production up by 15% in November

Thailand's car production increased by 15% year-on-year to 190,155 units in November, the highest in 44 months, as the semiconductor shortage continued to ease, says the Federation of Thai Industries (FTI).

Bangkok Post

Uncertainty ahead for Thai economy

The Thai economy will face many headwinds but also tailwinds next year, mainly from the global economy and geopolitical tensions. In 2022, the Thai economy slowly recovered from the Covid pandemic as lockdowns ended and the economy was reopened to international travel.

Bangkok Post

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InsideEVs

Toyota CEO Says "Silent Majority" Doubtful Of Electric-Only Future

At a recent event in Thailand, Akio Toyoda said he is among the industry's "silent majority" in questioning whether EVs should be pursued exclusively.

Bangkok Post

Rescue calls for boat stranded near Thailand holding 200 Rohingya refugees

Southeast Asian politicians called Tuesday for the rescue of a boat carrying as many as 200 Rohingya refugees including women and children stranded at sea for several weeks.

Bangkok Post

CP LAND launches significant brand refresh

CP Land Public Company Limited, one of Thailand’s leading real estate developers, established over 40 years ago, is laying the foundation for its future growth with a significant refresh of its company brand. The aim is to increase the association of the company’s corporate image with future-forward, world-class development trends…

Bangkok Post

Nov car production rises but sales, exports drop

Car production in Thailand rose 15.0% in November from a year earlier to 190,155 units, helped by an improvement in the supply of chips, an industry body said on Tuesday.

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Reuters

Thailand races to locate missing marines from sunken warship

Thailand's military mobilised helicopters, warships and unmanned drones off its central coast on Tuesday as rescue teams raced against time to find survivors after a corvette sank at the weekend in choppy waters.

Daily Mirror

British angler catches whopping 30-stone catfish after 'fight of his life' in Thailand

Dean McEwan from Renfrewshire spent an hour and a half reeling in the giant Mekong catfish at Palm Tree Lagoon, with the critically-endangered beast measuring seven feet in length

Bangkok Post

Dept stands by workers' amnesty scheme

The Department of Employment (DoE) is defending its efforts to solve Thailand's illegal migration problem after it was blasted by a migrant workers' advocacy group for failing to come up with a clear and transparent mechanism for illegal migrants to apply for amnesty and work legally in the country.

Bangkok Post

Lower public debt on the cards

Thailand's fiscal status is improving thanks to a gradual economic recovery following the pandemic, which may prompt the government to lower the ceiling of the public debt-to-GDP ratio from the current 70%, according to the Public Debt Management Office (PDMO).

Bangkok Post

Food deliveries set to decline next year

The value of Thailand's food delivery market is expected to decline by between 0.8% and 6.5% next year as people return to a normal lifestyle and eat out more, says Kasikorn Research Center (K-Research).

Bangkok Post

Thailand leads BBC travel destination poll

Thailand is viewed as the most popular destination to visit in Southeast Asia for visitors planning a trip from North America and Europe, according to a survey by BBC News.

Bangkok Post

Can't wait for the encore

In 2022 the entertainment industries inched closer to pre-pandemic levels. It has also been quite an eventful year for live music, especially in Thailand, where concerts, festivals and parades of amazing international acts were marching back to the country. As the New Year is here, let's take a look back…

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People

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