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PROPERTY

Interest in Samui climbs

Business, Kanana Katharangsiporn, Published on 19/02/2025

» American and European buyers are shifting to the Samui residential market, where villa prices are roughly one-third of those in Phuket, as rising demand from Russian and Chinese buyers has driven up Phuket property prices.

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GENERAL

Local bank loans shrink the most in 15 years

Business, Somruedi Banchongduang, Published on 19/02/2025

» The banking industry recorded its highest level of loan contraction in 15 years in 2024, driven by tighter loan approvals amid borrowers' weaker debt repayment ability, according to an executive at the Bank of Thailand.

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THAILAND

B4.5bn gets the nod to combat flooding

News, Published on 19/02/2025

» The cabinet approved a budget of more than 4.5 billion baht yesterday to help households affected by flooding in southern provinces last year and to finance post-flood rehabilitation and development projects.

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GENERAL

Ikea to open first store in Chiang Mai next week

Business, Kuakul Mornkum, Published on 19/02/2025

» Ikea, a Swedish home furnishing brand, is set to launch a new store in Chiang Mai on Feb 27, marking its fifth location in the country.

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SPORTS

Thais crash out after Korea rout

Sports, Tor Chittinand, Published on 19/02/2025

» Thailand exited the AFC U20 Asian Cup in the group stage following a 4-1 loss to South Korea in Shenzhen, China, on Monday night.

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THAILAND

3 'lucky draw' scammers nabbed

News, Wassayos Ngamkham, Published on 19/02/2025

» Three Chinese suspects were arrested yesterday for operating Luckking Co, which invited people to buy into lucky draws and then stole their personal information.

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THAILAND

China in favour of blackout

News, Post Reporters, Published on 19/02/2025

» China has urged the government to maintain its policy of cutting off power, energy and internet across the border in Myanmar to pressure its government and ethnic groups to suppress scam gangs.

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GENERAL

Premier calls for capacity upgrade

Business, Wichit Chantanusornsiri, Published on 19/02/2025

» Prime Minister Paetongtarn Shinawatra has directed three economic ministries to develop strategies to revitalise the country's capacity utilisation, which has slumped despite an increase in industrial investment and exports.

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PROPERTY

Centara opens 2 new Maldives hotels

Business, Molpasorn Shoowong, Published on 19/02/2025

» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.

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GENERAL

Global Power Synergy set to benefit from rising electricity demand

Business, Yuthana Praiwan, Published on 19/02/2025

» Demand for electricity in Thailand, which is expected to increase this year, will boost revenue for SET-listed Global Power Synergy (GPSC) after it experienced a slight drop in earnings in 2024.