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GENERAL

SET elects Asadej Kongsiri as new president

Published on 14/06/2024

» The Stock Exchange of Thailand has (SET) picked an outsider to lead the bourse out of one of its worst periods in five decades amid a share price slump, an exodus by foreign funds and corporate scandals.

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INVESTMENT

Bitcoin miners pivot to Southeast Asia after China crackdown

Bloomberg News, Published on 14/06/2024

» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.

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EASY NEWS

Thailand expects ‘White Lotus’ travel boom

Gary Boyle, Published on 14/06/2024

» Now that the fictional guests of Season 3 of The White Lotus have officially checked out of their Thai resort, the country is getting ready for the real tourists to arrive.

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GENERAL

UOB responds to central bank directive

Business, Somruedi Banchongduang, Published on 14/06/2024

» UOB Thailand plans to cancel its payment apportionment system for credit cards by the end of this month to comply with the Bank of Thailand's directive.

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THAILAND

EC defends court request to dissolve MFP

News, Mongkol Bangprapa, Published on 14/06/2024

» The Election Commission (EC) on Thursday defended its decision to seek the dissolution of the opposition Move Forward Party (MFP) over its support for the revision of the lese majeste law by saying that the move followed proper legal procedures under the organic law on political parties.

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MOTORING

Association sees uptick in used car market

Business, Lamonphet Apisitniran, Published on 14/06/2024

» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.

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GENERAL

Warning over insufficient fossil fuel cuts

Business, Yuthana Praiwan, Published on 14/06/2024

» Gas and coal reduction targets in the revised version of the power development plan (PDP) may be insufficient for the government to achieve carbon neutrality by 2050, say energy firms.

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THAILAND

EC probes breach of Senate poll data

News, Mongkol Bangprapa, Published on 14/06/2024

» The Election Commission (EC) is investigating the leaking of personal data belonging to more than 20,000 applicants for the Senate election.

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GENERAL

Steps touted to thin out crowds

Business, Molpasorn Shoowong, Published on 14/06/2024

» Easing overtourism requires proper management and cooperation with local communities, according to the World Travel and Tourism Council (WTTC), which suggests Thailand disperse tourists to new destinations through infrastructure development.

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GENERAL

Airlines urge excise tax cut

Business, Wichit Chantanusornsiri, Published on 14/06/2024

» Budget airlines are calling on the Finance Ministry to help reduce the excise tax on jet fuel to lower costs for airlines, which claim to be in a fragile state.