Data from property consulting firm JLL reveals that Thailand saw 14 investment-grade hotel transactions totaling THB11 billion in 2022, dropping from THB12.3 billion in 2021 due largely to a slippage …
Maybank Investment Banking Group expands structured warrants business to Indonesia
In a statement on Monday (Feb 13), Maybank IBG said with this launch, the group’s structured warrants business is now in three Asean countries — Malaysia, Thailand and Indonesia. “The expansion into …
Convicted drugs gang fugitive arrested in Thailand
A drug gang boss who has been on the run for five years has been arrested in Thailand, the National Crime Agency (NCA) has said. Richard Wakeling, 55, of Brentwood, Essex, fled the country in January 2018 on the eve of his trial. He was convicted in his …
Digital Lending Platform MONIX Closes $20M Round to Support Financial Inclusion in Thailand
demonstrating the company’s strong growth in micro-finance lending on the path to IPO in the near future and becoming the market leader in Thailand’s digital lending arena.” “We are extremely …
Thailand and Cambodia kick off over rival martial arts
Global interest in the ancient martial art of Muay Thai has boomed in recent decades to the point where Thailand’s national sport is now touted as a future Olympic event. The nation next door, however, remains stubbornly resistant to its appeal and …
One-legged crime boss arrested in Thailand after five years on the run
A one-legged organised crime boss has been arrested in Thailand after five years on the run. Richard Wakeling, 55, was picked up in Bangkok yesterday, February 10, and is awaiting extradition back to the UK. He had been placed on the National Crime Agency …
Customer who bought 2 coffees at Starbucks hit with erroneous $4K tip forcing family to postpone trip to Thailand
An Oklahoma man and his wife were charged a $4,444.44 gratuity after buying two coffees at Starbucks on Jan. 7. Starbucks returned the money a month later.
Thai baht strength a risk to economy, says finance minister; 20 million foreign tourists expected in 2023
BANGKOK, Feb 11 (Reuters): The strengthening of the baht is a risk to Thailand’s economy at the moment as it reduces export volumes, the finance minister has announced. The business sector needs to …
Michigan woman charged in college student’s New Year’s death sought for extradition after fleeing to Thailand
Michigan authorities and the FBI are seeking extradition from Thailand for a woman charged in the death of a college student who fled the country allegedly to avoid being prosecuted. Ben Kable, a …
UAE and Thailand launch 1st Emirati-Thai Business Council to enhance cooperation and increase the volume of trade and investment exchange
The Federation of UAE Chambers of Commerce and Industry (FCCI) has organized the UAE-Thai business forum to discuss ways to boost economic relations between the two countries. Held today (Tuesday) at …