However, despite this growth, most logistics companies in Thailand are seeing declining earnings due to misguided strategies that focus on cutting prices to remain competitive.To address this issue, …
Financial crisis looms over Thailand
Many state agencies have given definitions of an economy in crisis. The Bank of Thailand says there are five types of crises: A financial crisis, a balance of payments crisis, a fiscal crisis, an …
Court in Thailand will decide whether politician blocked as prime minister will also lose his seat
Thailand’s Constitutional Court is set to decide whether popular politician Pita Limjaroenrat, who was blocked from becoming prime minister, should now lose his seat in Parliament.
Desperate family launches fundraiser for Brit son, 34, left in coma & trapped in Thailand after horror motorbike crash
A DESPERATE mum has set up a fundraiser to bring her son home for treatment after he suffered horrific injuries in a motorbike crash. Adrian Wallace, 34, was hit by a car while he was on holiday in …
Exclusive-Thailand Aims for Lithium Output in Two Years, Boosting EV Ambitions
The silvery-white element is a key metal for EV batteries and establishing lithium mines would put Thailand in a unique position compared to other major producers because it is also developing an EV production industry, including $1.44 billion in investment commitments from Chinese carmakers.
Thai economy in ‘crisis’ prime minister says, pledges more stimulus
said Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput, who has come under fire from the premier for not cutting interest rates despite low inflation. Srettha, who is also finance minister, …
After losing favour with China travellers, Thailand pulls out all the stops to woo them back
Describing this as a “good start”, he added that he expects Thailand to see at least five million arrivals from China in 2024. Industry experts whom The Business Times spoke to, however, said the Thai …
Thailand Says GDP Growth Fell in 2023, Piling Rate-Cut Pressure
citing estimates from Finance Ministry’s Fiscal Policy Office due to be released Wednesday. That’s below the Bank of Thailand’s projection of 3.6% made earlier last year, Chai said in a statement to …
ONYX introduces first Shama property in Malaysia
ONYX Hospitality Group has unveiled its first Shama branded property in Malaysia. Malaysia is the first country outside of Thailand to host all three ONYX brands: Amari, OZO, and Shama. Shama Suasana …
Investment giant Franklin Templeton explores Thailand expansion
HONG KONG – Franklin Templeton is weighing expansion in Thailand, seeking to lure local investors of offshore products as the asset manager strengthens its Asia operations.