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GENERAL

NSTDA reveals crucial future technologies

Business, Suchit Leesa-nguansuk, Published on 24/07/2024

» Artificial muscles, engineered microbes and security robotics are among the top 10 technological advances to watch out for this year, as they will make an impact over the next 5-10 years, according to the National Science Technology and Development Agency (NSTDA).

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GENERAL

Local traders optimistic on price outlook for gold

Business, Nareerat Wiriyapong, Published on 24/07/2024

» Local gold traders remain bullish about bullion's price trend, saying prices could top US$2,500 an ounce by end-2024 with a significant price increase expected after the US Federal Reserve (Fed) cuts US interest rates in September.

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GENERAL

Power bills capped for the rest of the year

Business, Published on 24/07/2024

» The cabinet has approved the capping of power bills at 4.18 baht per unit until the end of the year and set the diesel price ceiling at 33 baht per litre until Oct 31.

GENERAL

EA reschedules bills of exchange payment

Business, Nareerat Wiriyapong, Published on 24/07/2024

» Ailing Energy Absolute (EA), which has been under investigation over alleged fraud involving former executives, has rescheduled payment of two of its tranches of short-term bills of exchange (B/E) due to tight liquidity.

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GENERAL

Kiatnakin Phatra Research: Potential growth rate below 2%

Business, Somruedi Banchongduang, Published on 23/07/2024

» Kiatnakin Phatra Research (KKP Research) forecasts that Thailand's potential economic growth rate will be below 2% for the next five years due to weaker productivity and competitiveness.

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GENERAL

TAT expects B18.3bn from July holidays

Business, Molpasorn Shoowong, Published on 23/07/2024

» Two consecutive national holidays this month are expected to generate 18.3 billion baht in tourism revenue from 5 million domestic trips, according to the Tourism Authority of Thailand (TAT).

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OPINION

Fishy solutions

Oped, Postbag, Published on 23/07/2024

» Re: “Govt seeks source of alien fish influx”, (BP, July 21). It was with incredulity that I read, “Govt seeks source of alien fish influx”. The source will never be found of course, since a predatory bird could have dropped a pregnant tilapia from high in the air — any newly formed body of freshwater in Thailand will soon be populated with fish in just this manner.

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OPINION

Prepare for a future of heat waves

Oped, Published on 23/07/2024

» People across Asia have eagerly awaited the end of heat-wave season, which now appears to be drawing to a close. In my home country, the Philippines, the first typhoon of the year arrived in late May, lowering temperatures that had climbed to nearly 50° Celsius (122° Fahrenheit). Over the previous few months, the record-breaking heat led to school closures, a spike in emergency room visits, reduced productivity, and a return to remote work.

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THAILAND

Deal on tollway fare ‘poorly thought out’

Post Reporters, Published on 23/07/2024

» The Democrat Party has voiced strong opposition to Transport Minister Suriya Jungrungreangkit’s proposal to grant a 30-year extension to the operator of the Don Muang Tollway in exchange for a fare reduction to 50 baht.

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GENERAL

Questions over digital wallet funding

Published on 23/07/2024

» The Finance Ministry has not ruled out using funds under Section 28 of the State Fiscal and Financial Discipline Act for the digital wallet handout scheme, says Finance Permanent Secretary Lavaron Sangsnit.