Fri, 17 May 2019 01:00
THAI posts steep loss in first-quarter operations
THAI AIRWAYS International Plc (THAI) swung to a steep operating loss of Bt828 million in the first three months of 2019, mainly due to the baht’s appreciation, fierce competition and the US-China trade war.
Sun, 12 May 2019 21:00
Hefty fines for vans older than 10 years running passenger services
The Department of Land Transport (DLT) has warned passenger van operators that any deployment of vans over 10 years old in service will result in 50,000 - 200,000 baht fines.
Fri, 10 May 2019 15:17
TMB Bank's unsecured debentures get 'A+' rating
Fitch Ratings (Thailand) on Friday assigned a rating of 'A+(tha)' to TMB Bank Public Company Limited's (TMB; AA-(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures.
Tue, 23 Apr 2019 15:48
Quarterly food exports up half point over last year
The value of Thailand’s food exports in this year’s first quarter was Bt275.119 billion, up 0.47 per cent annually in terms of baht value or US$8.708 billion, up 0.92 per cent annually in terms of US dollars.
Fri, 19 Apr 2019 21:00
Fake Bt500 banknote used to buy cigarettes in Krabi store
A woman used a fake Bt500 banknote a convenience store in Krabi’s Muang district on Wednesday to buy a pack of cigarettes and a lighter for Bt72 and made off with the change in real currency.
Fri, 19 Apr 2019 01:00
Murky mega-projects are shaping new govt’s formation
Political power is shifting unseen under pressure from three multibillion-baht schemes
Mon, 15 Apr 2019 01:00
Thailand to unveil Asean tourism push
Thailand is set to release comprehensive gastronomy guidelines for the Asean region by the end of this year to facilitate the recovery of tourism figures, after the industry has been hurt by a string of challenges, including dangerous air pollution in the North, the global economic slowdown and the strengthening of the baht.
Wed, 03 Apr 2019 01:00
Baht strengthening propels Thai outbound travel
DESPITE forecasts of an economic slowdown, Thai outbound travel is set to continue growing by 8-8.5 per cent this year after the baht continued to appreciate late last year, according to the Association of Thai Travel Agents (ATTA).
Wed, 06 Mar 2019 01:00
Negative factors squeeze export numbers in January
Thai exports saw an unexpected 5.7 per cent slump year on year in January, pointing to impact from the baht’s appreciation, the Thai National Shippers’ Council (TNSC) said, while urging exporters to use local currencies to reduce financing costs and foreign exchange risks.
Tue, 05 Mar 2019 14:42
Multiple fires speed through Lampang’s mountains
State officials and volunteers, along with a water-spraying helicopter, were on Tuesday battling multiple fires in Doi Phra Baht forest in Lampang’s Muang district.
Fri, 22 Feb 2019 15:18
Thai exports drop 5.65% in January
Thai exports saw a 5.65 per cent year on year contraction in January, largely due to the impact of the US-China trade war, the Thai baht appreciation and increase in competition from Asean markets.
Wed, 20 Feb 2019 10:36
Thieves foiled in bid to blow open Chantaburi ATM
Two masked men detonated a pipe bomb at an ATM machine in Chanthaburi early on Wednesday but were forced to flee without a single baht, police said.
Wed, 20 Feb 2019 01:00
Arbitrary rules trigger nightmares for Immigration officials, expats
How ironic it is that big men in uniform, sitting in big offices, being given big amounts of baht for their supposed “work”, can at a moment’s notice immediately affect the lives of expats here.
Tue, 19 Feb 2019 01:00
Rising baht exposes vulnerability of expat retirees
I have been living in Thailand for 19 years now, but I’m now suddenly a criminal because the value of the baht has risen so much that the Bt800,000 bank deposit required for my retirement visa came short by Bt8,000.
Fri, 15 Feb 2019 01:00
Somkid urges BOT action on baht
THE government’s economics chief has voiced his concerns over a strong baht with his central bank counterpart, citing the impact on farmers and calling on him to be ready to put the brakes on further gains in the currency.