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The Latest Breaking News from Thailand

The tourism industry has to brace for uncertainties from domestic politics and pressure from geopolitical conflicts amid higher competition next year, forcing the public and private sectors to work together.

Bangkok Post

How are Thais spending so much now?

Third-quarter GDP growth for 2022 (Q3/2022) is 4.5% -- substantially higher than the expected 4%. The main driving factor is robust private consumption -- not tourism income -- which expanded 9% in real terms and 15.7% in nominal terms, compared to the same quarter last year. On the surface, this…

Bangkok Post

IBM puts new focus on sustainability

IBM Thailand, a local operating unit of the global technology firm, has emphasised the importance of sustainability among businesses that can be powered by hybrid cloud and artificial intelligence (AI) for growth.

Bangkok Post

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Car manufacturers expect election to improve sentiment

Automakers in Thailand expect the general election next year will generate better sentiment, causing people to buy new cars, even though the industry has slowed since October this year.

Bangkok Post

MPI declines as factories close

Thailand's Manufacturing Production Index (MPI) fell by 3.71% year-on-year in October as some factories shut down for maintenance, but the Industry Ministry remains optimistic about the growth of the full-year MPI.

Bangkok Post

Sweet Meet to extend palm oil sales to consumers

Sweet Meet (Thailand), the producer of Ploen vegetable cooking oil for business clients, looks set to expand into palm oil for consumers next year.

Bangkok Post

2022 Honda Monkey 125 Cherry Edition Shown Off By Cub House Thailand

Cub House Honda is back at it with another special edition bike, and this time it's the 2022 Honda Monkey 125 Cherry Edition, coming to Motor Expo 2022.

RideApart

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Albon F1 helmet auction raises £84k for Thai orphanage

The auction of Alex Albon’s Formula 1 helmet for the Singapore Grand Prix has helped raise £84,000 to support an orphanage in Thailand.

Autosport

Dhruv, Unnati and Anmol move into U-17 pre-quarters at Badminton Asia Junior Championships

NEW DELHI: Young Indian shuttlers Dhruv Negi, Unnati Hooda and Anmol Kharb moved into the U-17 singles pre-quarterfinals of the Badminton Asia U-17 U-15 Junior Championships after registering contrasting victories in Nonthaburi, Thailand on Wednesday.

The Times of India

Another alleged Chinese triad boss arrested

Police arrested another alleged triad boss during raids in Bangkok and eight provinces on Wednesday, as the purge of Chinese gangs operating “grey businesses" in Thailand continued.

Bangkok Post

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

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

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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

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

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.

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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

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

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.

The Times of India

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.

Bangkok Post

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

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.

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