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MOTORING

Car production drops 11%, domestic sales fall

Reuters, Published on 23/05/2024

» Car production in Thailand fell 11.02% in April from a year earlier to 104,667 units, the Federation of Thai Industries (FTI) said on Thursday.

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THAILAND

'Boiling not warming': Marine life suffers as sea temperatures hit record

Reuters, Published on 23/05/2024

» TRAT - Aquatic life from coral reefs to fish in the Thailand's eastern gulf coast is suffering as sea surface temperatures hit record highs this month amid a regional heatwave, worrying scientists and local communities.

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WORLD

Rishi Sunak calls UK national election for July 4

Reuters, Published on 23/05/2024

» LONDON: British Prime Minister Rishi Sunak called a national election on Wednesday, naming July 4 as the date for a vote his governing Conservatives are widely expected to lose to the opposition Labour Party after 14 years in power.

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PROPERTY

Asia-Pacific real estate assets at 'high risk' from climate change

Reuters, Published on 22/05/2024

» SINGAPORE - Nearly one in ten properties owned by leading real estate investment trusts (REITs) in the Asia-Pacific region may be at "high risk" of damage from climate change, particularly in coastal regions, a report published on Wednesday showed.

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WORLD

To Lam elected president of Vietnam

Reuters, Published on 22/05/2024

» HANOI - Vietnam's National Assembly on Wednesday elected public security minister To Lam as the country's new president.

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WORLD

Flight crews urge buckling up after fatal turbulence

Reuters, Published on 22/05/2024

» CHICAGO - Buckle up. That is the message from flight attendants and pilots following the severe turbulence encountered by a Singapore Airlines flight on Tuesday that resulted in the death of one passenger and injured dozens of others.

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WORLD

Vietnam clears way for top policeman to take presidency

Reuters, Published on 21/05/2024

» HANOI - Vietnam's National Assembly said on Tuesday it will vote to dismiss To Lam from the post of Minister of Public Security, paving the way for him to be elected state president this week as part of a shakeup in the country's leadership.

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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GENERAL

Red Lobster probes "endless shrimp" losses after bankruptcy filing

Reuters, Published on 21/05/2024

» NEW YORK - Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant chain's "endless shrimp" promotion that caused US$11 million in losses, court documents showed.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.