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The Latest Breaking News from Thailand

US oil and gas giant Exxon Mobil Corporation has scrapped its 330-billion-baht ethylene cracker and refinery expansion project in Chon Buri, but the decision will not affect the Eastern Economic Corridor (EEC) scheme, says a source at the Industrial Estate Authority of Thailand (IEAT) who requested anonymity.

Bangkok Post

Thai interest rate policy needs changing

On March 16, the Federal Open Market Committee (FOMC), the US equivalent of Thailand's Monetary Policy Committee, raised its policy interest rate (Fed Funds Rate) by 25 basis points from 0.00%-0.25% to 0.25%-0.50% to tame rising inflation.

Bangkok Post

Hear works of three master composers

The Thailand Philharmonic Orchestra will take music lovers to explore the power of the orchestra in a classical programme of works by three of history's most renowned composers of orchestral music.

Bangkok Post

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Kingdom's men go in pursuit of gold

The Thai men's football team arrived in Vietnam on Wednesday, hoping to reclaim the SEA Games title at the 31st edition of the biennial event.

Bangkok Post

CIA psychologist gives harrowing testimony about waterboarding of terror suspect at black ops site in Thailand

‘He was snorting and blowing water out of his nose,’ CIA contractor told military court

The Independent UK

Prayut predicts tourism will be 50% restored by next year

Thailand can expect to welcome 20 million tourists next year, or about half the pre-pandemic level, Prime Minister Prayut Chan-o-cha said on Tuesday.

Bangkok Post

Arçelik Hitachi opts for Thailand base

Arçelik Hitachi Home Appliances has chosen Thailand as the location for its headquarters, in order to strengthen its production power and position in the rapidly growing Asian market.

Bangkok Post

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For the love of comics

BKK Unzine, a digital art magazine, is organising Thailand's first-ever BKK Comics Art Festival, which takes place from May 10 to 22, at the Bangkok Art and Culture Centre (BACC).

Bangkok Post

Making change via K-Pop and Thai-Y

K-Pop and artistic ripples through films and other forms of entertainment from South Korea have been conquering the world in recent years, as part of soft power and smart power.

Bangkok Post

Explainer: Inside the case for a minimum wage hike

Thai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage.

Bangkok Post

Brave boy, 8, survives shark attack after punching sea predator on the nose

Napat Chaiyarak Christenko received 30 stitches to close the wound after being rushed to hospital, where it was later confirmed that the eight-year-old was bitten by a baby bull shark in Phuket, Thailand

Daily Mirror

BOI addresses an exclusive luncheon hosted by the Franco-Thai Chamber of Commerce

Ms. Duangjai Asawachintachit, Secretary General of the Thailand Board of Investment (BOI), gave a talk on the topic of “How can BOI support your company’s set up and development in Thailand?” on 29 April 2022, at an executive luncheon organised by the Franco-Thai Chamber of Commerce at the InterContinental Bangkok.…

Bangkok Post

Economy seen growing 3.5% this year: PM

Thailand's economy is expected to grow 3.5% this year, down from an earlier projection of 4.0%, Prime Minister Prayut Chan-o-cha said on Tuesday, noting how the Russia-Ukraine war could slow the economies of the country's trading partners.

Bangkok Post

Exports seen up at least 5% this year: shippers

Thailand's exports are expected to rise by at least 5% this year after a strong first quarter and with support from a weaker baht, Thai National Shippers’ Council said on Tuesday.

Bangkok Post

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Bangkok Post

Twitter sale could pique brands

The prospective purchase of Twitter by billionaire Elon Musk, who has vowed to protect freedom of speech on the social media platform, could draw more engagement from young people, giving brands greater opportunities to tap the group, say marketing and media pundits.

Bangkok Post

TAT aims to rekindle East Asian market

As many destinations relax travel requirements to welcome a new flow of tourists after two years of battling the Covid-19 pandemic, some East Asian nations remain vigilant with strict Covid-19 arrival rules.

Bangkok Post

Thailand can't shake off IPR watch list placing

Despite the progress it has made towards improving intellectual property rights protection last year, Thailand remains on the United States Trade Representatives' (USTR) Watch List this year, the Department of Intellectual Property (DIP) said on Monday.

Bangkok Post

Bangkok condo market sees Q1 surge

Bangkok's condo market revived in the first quarter, with newly launched supply and the sales rate soaring to the highest level in several quarters, according to property consultant Colliers Thailand.

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Bangkok Post

Conversations through art

Following Jim Thompson Art Center's Cold War exhibition series "Shadow Dancing: Where Can We Find a Silver Lining In Challenging Times?" is a second chapter, which depicts the socio-political, economic and cultural scenario of Taiwan and Thailand in the post-World War II period.

Bangkok Post

'Soft power' goal proves a tough nut to crack

The government's plan to harness "soft power" to propel Thailand into becoming a leading country of the world may sound impressive.

Bangkok Post

Solar D eyes partners for storage sales

Solar D Corporation, the distributor of the Tesla Powerwall energy storage system, is seeking business partners to increase sales of home-use energy storage as the market value of solar power technology in Thailand is rising.

Bangkok Post

Phuket hotel outlook weak

Thailand's battered hotel sector is showing increased signs of fatigue as the global pandemic enters its third year. Nowhere is this more apparent than in Phuket, where over 73% of new hotel developments either lie dormant or have been put in hold, according to the Phuket-based consultancy C9 Hotelworks.

Benzinga

Shake Shack Plans Southeast Asia Expansion With 2023 Bangkok Opening

Shake Shack Inc (NYSE:SHAK) plans to expand in Southeast Asia through a partnership with Maxim's Caterers Limited. The company plans to launch fifteen Shacks in Thailand by 2032, with the first one to open in 2023 in Bangkok. The menu in Thailand will feature signature items, including the ShackBurger, Chicken Shack, and Chicken…

Bangkok Post

JP Morgan downgrades Thailand on fading tourism recovery

Analysts at J.P. Morgan downgraded Thailand's equities rating on Monday, citing the slow pace of recovery in the tourism industry due to rising inflation and a surge in Covid-19 cases in China.

Reuters

Japan PM agrees defence deal with Thailand

The leaders of Japan and Thailand announced a new defence agreement on Monday as well as plans to upgrade their economic relations, as Japanese Prime Minister Fumio Kishida wrapped up the last leg of a three-nation tour of Southeast Asia.

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