Showing 1 - 10 of 180
Foreign pilots allowed to fly domestic routes
Business, Molpasorn Shoowong, Published on 21/09/2024
» The Labour Ministry plans to temporarily allow foreign pilots to fly domestic routes through wet lease arrangements for airlines, but future requests from other airlines will be considered on a case-by-case basis.
OPEC+ Delays Production Increase Following a Drop in Oil Prices.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Community liquor wins state backing
Business, Wichit Chantanusornsiri, Published on 17/09/2024
» The Finance Ministry has vowed to enhance the competitiveness of Thai community liquor on a global scale.
Thailand's new premier faces a daunting to-do list
Business, Post Reporters, Published on 16/09/2024
» Business leaders and economists have urged the government of Prime Minister Paetongtarn Shinawatra to address both short-term problems and structural economic issues simultaneously.
Minister seeks to escalate collaboration with China
Business, Wichit Chantanusornsiri, Published on 11/09/2024
» Thailand needs to ramp up collaboration with China to become a gateway for Chinese exports via the proposed land bridge project, says Finance Minister Pichai Chunhavajira.
Measures afoot to aid loan defaulters
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» The Finance Ministry is preparing measures to assist debtors who have defaulted on their home and car loans after a rise in non-performing lending in these segments.
Official backs negative income tax concept
Business, Wichit Chantanusornsiri, Published on 09/09/2024
» Finance permanent secretary Lavaron Sangsnit has voiced his support for the negative income tax (NIT) scheme, which would provide welfare payments to workers, also known as workfare, when their income falls below a specified threshold.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Foreign e-commerce firms told to open Thai offices
Suchit Leesa-nguansuk, Published on 05/09/2024
» Foreign e-commerce operators will be required to set up registered offices in Thailand under the digital platform service law, according to the Electronic Transactions Development Agency (ETDA).