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THAILAND

Cabinet mulls easing alcohol curbs

News, Aekarach Sattaburuth, Published on 29/03/2024

» The cabinet has agreed in principle on five bills to amend the alcoholic beverages control law, which seek to extend selling hours and allow greater flexibility for advertisements, prompting opposition from anti-alcohol advocates.

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MOTORING

Domestic sales still plummeting

Business, Lamonphet Apisitniran, Published on 27/03/2024

» Domestic car sales continued to decline, especially in the pickup segment, falling by 26% year-on-year in February, which is expected to be the lowest level in two years, says the Federation of Thai Industries (FTI).

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THAILAND

Drink-driving victims warn about liberalising alcohol laws

Apinya Wipatayotin, Published on 25/03/2024

» A network of groups against drink driving on Monday called on the ruling Pheu Thai Party to accept all legislative bills to amend the law governing alcoholic beverages in the first reading, to ensure all are fully debated in the House of Representatives.

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GENERAL

Gucci’s China shock reverberates across luxury landscape

Published on 24/03/2024

» Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci.

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INVESTMENT

Asian investors take profits after upbeat week

Published on 23/03/2024

» RECAP: Most Asian equity markets slipped yesterday on profit-taking after a big rally the day before, but Japan's Nikkei closed at an all-time high, underpinned by record gains on Wall Street overnight, strength in automakers' stocks and a weaker yen.

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GENERAL

Agency upbeat on long-haul arrivals

Business, Molpasorn Shoowong, Published on 20/03/2024

» The Tourism Authority of Thailand (TAT) expects at least 1.5 million tourists from North and South America this year, the same level recorded in 2019, with an increase in tourism receipts by combining the Easter holiday with the Songkran celebration in April.

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INVESTMENT

Shares retreat as rate-cut bets weaken

Business, Published on 16/03/2024

» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.

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GENERAL

Yala fish poised for GI registration

Phusadee Arunmas, Published on 29/02/2024

» Two indigenous freshwater fish in Yala are expected to receive geographical indication (GI) registration within this year, according to the Department of Intellectual Property.

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THAILAND

Bangkok Gems Fair Surpasses 3.85 Billion Baht Sales

Published on 29/02/2024

» The 69th Bangkok Gems and Jewelry Fair, organised by the Department of International Trade Promotion (DITP) under the Ministry of Commerce and The Gem and Jewelry Institute of Thailand (GIT) surpassed expectations with purchases exceeding 3.85 billion baht. Held from February 21 to February 25, 2024 at the Queen Sirikit National Convention Center (QSNCC), the event attracted nearly 40,000 participants.

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WORLD

New Zealand repeals landmark anti-smoking law

Published on 29/02/2024

» New Zealand has repealed landmark tobacco legislation that would have made it illegal for people born after Jan 1, 2009 to buy cigarettes.