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The Latest Breaking News from Thailand

Tourism will be the key engine supporting Thailand's economic recovery, replacing the slowing export sector, says the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank.

Bangkok Post

Study: Thailand a global leader in real-time payments

Thailand was No.3 globally for real-time payment transactions last year, behind only India and China, driven by the government's support for modern infrastructure, says ACI Worldwide, a real-time payments software provider.

Bangkok Post

Thais prove too strong for Canada

Thailand continued their good run in the FIVB Volleyball Women's Nations League 2022 with a 3-0 win over Canada in their first match of the second week on Tuesday.

Bangkok Post

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Arrivals from China still continue to trickle in

Despite stringent travel restrictions in China, Thailand still received 36,246 Chinese visitors in the first five months of 2022, with 20,000 arrivals recorded in the month of May alone, comprising business travellers, students and Elite Card holders.

Bangkok Post

Shopee opts to reduce its headcount

E-marketplace Shopee is pursuing layoffs across markets in Asean, including Thailand, according to industry sources, as the company is believed to have become more cautious about spending and more focused on attaining profitability rather than burning cash.

Bangkok Post

Bid to help HR flourish in EEC

The Eastern Economic Corridor (EEC) Office has teamed up with two Swiss companies to upgrade human resources in the high technology and medical industries in a move to accelerate Thailand's economic and social development in the corridor.

Bangkok Post

Bangkok cannabis pop-up truck proves popular with tourists

"Amnesia", "Jack Haze", and "Night Nurse" are among marijuana strains on sale at a pop-up truck in Bangkok, as retailers cash in on demand for the newly decriminalised substance from foreigners and locals alike.

Reuters

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This Alibaba Competitor Undertakes Aggressive Job Cuts Across Multiple Southeast Asian Markets

Sea Limited's (NYSE:SE) e-commerce arm Shopee laid off staff across multiple markets, DealStreetAsia reports. The layoffs to rationalize its e-commerce business encompassed several Southeast Asian markets, including Indonesia, Thailand, and Vietnam. Shopee's payments arm ShopeePay and food delivery business ShopeeFood also faced cuts. The competitor of the Alibaba Group Holding Limited (NYSE:BABA) hosted a general…

Benzinga

Thailand takes chair of Bimstec, vows action

Having assumed the chairmanship of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) this year, Thailand has pledged to make Bimstec a more tangible grouping than ever before.

Bangkok Post

Polking aims to surprise hosts

Thailand and Uzbekistan are braced for a final day showdown on Tuesday after registering their second consecutive victories in their AFC Asian Cup 2023 qualifiers.

Bangkok Post

BoI approves B209.5bn of investment projects

The Board of Investment (BoI) on Monday approved a combined 209.5 billion baht worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co, a joint venture between Taiwan's Foxconn and Thailand's PTT Plc, to make battery electric vehicles (EVs).

Bangkok Post

Thai volleyball team begin Week 2 against Canada

Fresh from their impressive results in the first week of the FIVB Volleyball Women's Nations League, Thailand begin their second week against Canada in Quezon City, the Philippines, on Tuesday.

Bangkok Post

Cobra Gold military drills back to full scale next year

The US-Thai Cobra Gold military exercise will be held as a full-scale drill next year after it was scaled back due to the pandemic, said Defence Ministry spokesman Gen Kongcheep Tantravanich on Monday.

Bangkok Post

Tourism operators in Hat Yai seeking helping hand

Tourism operators in Hat Yai are calling for additional support when it comes to registration for the Thailand Pass and bus services at the Malaysian border, particularly at the Sadao checkpoint, in order to bring back tourists.

Bangkok Post

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Bangkok Post

BoT hints at rate hike

Increasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput.

Bangkok Post

Trends key to aiding delivery firms

Cross-border transport, the shipment of bulky goods, integrated logistics services and cold chain delivery are regarded as blue ocean fields for parcel delivery operators to tap into amid immense competition in the segment, says the Economic Intelligence Center (EIC) of Siam Commercial Bank (SCB).

Bangkok Post

Jurin sets out support for WTO

Thailand has reaffirmed its support for the World Trade Organization (WTO) to accelerate its role in responding to Covid-19 and future pandemics, addressing the global food crisis and food security, and concluding a fisheries subsidy agreement.

The Times of India

Hyderabadi cueist Himashu Jain becomes fifth Indian to earn Pro-Tour Card

HYDERABAD: The moment Himashu Jain won the final frame against the formidable Kritsanut Lertsattayathorn of Thailand and earned the Pro-Tour Card for world snooker, tears rolled down his eyes. "I could not believe myself and there were tears in my eyes. It was a dream come true for me," Himanshu…

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Daily Mirror

Hero pup repeatedly barked to alert owner deadly cobra was lurking outside their house

Puppy Boo Boo began barking at its owner Naruemon Chaimart when it spotted the 3ft deadly cobra crawling along their house wall in Udon Thani, Thailand

Reuters

China meeting a step in effort to develop lines of communication - Pentagon chief

U.S. Defense Secretary Lloyd Austin said on Monday that his meeting with China's defense minister was an important step in efforts to develop lines of communication between the two militaries.

The Guardian - UK

Mark of prestige: exhibition to explore culture and history of tattoos

Barcelona exhibition to showcase tattoo art from Japan and Polynesia to Thailand and Los Angeles

The Independent UK

US Defense Secretary Austin meets Thai leader to boost ties

U.S. Secretary of Defense Lloyd Austin has met with Thailand’s prime minister, Prayuth Chan-ocha, in an effort to strengthen what Austin says is Washington’s “unparalleled network of alliances” in the region

Bangkok Post

Thailand BOI approves US$6.2 billion in investments, including Foxconn-PTT’s EV venture, and improved battery, smart zones incentives

The Thailand Board of Investment (BOI) at a meeting on June 13, 2022, approved a combined 209.5 billion baht (US$6.2 billion) worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co., Ltd., a joint venture between Taiwan’s Foxconn and Thailand’s PTT PCL, to…

Bangkok Post

SPCG set to win approval for 23 solar farms in EEC

SET-listed SPCG, a pioneer in solar farm development in Thailand, expects to secure state approval to build 23 solar farms across the Eastern Economic Corridor (EEC) in the third quarter to offset its revenue loss from the gradual expiration of the adder tariff for its existing solar farms.

Bangkok Post

Call for more Thai solar panel makers

The Federation of Thai Industries (FTI) is encouraging local companies to invest in solar panel manufacturing, currently dominated by Chinese investors in Thailand, to benefit from a two-year tariff exemption for cells exported from Asean to the US.

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People

Kriengkrai Thiennukul

Sethaput Suthiwartnarueput

Duangjai Asawachintachit

Kongcheep Tantravanich

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