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BUSINESS

BYD acquires 20% stake in Thai dealer

Published on 06/07/2024

» The Chinese electric vehicle maker BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is the EV market leader, the companies said on Saturday.

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WORLD

New UK PM axes Rwanda deportation scheme

Published on 06/07/2024

» LONDON - British Prime Minister Keir Starmer on Saturday confirmed his newly formed government would not pursue his predecessor’s policy to deport asylum seekers who arrive in small boats to Rwanda, ending the scheme before any flights took off.

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THAILAND

Pressure mounts to certify Senate poll results

Aekarach Sattaburuth, Published on 06/07/2024

» Political pundits and Senate election winners are calling on the Election Commission (EC) to officially endorse the 200 election winners in order to prevent the existing appointed Senate from remaining in place.

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THAILAND

Visa waiver brings surge in Thai-China flights

Supoj Wancharoen, Published on 06/07/2024

» The number of flights between Thailand and China has risen to 55,000 in the past eight months since the two countries signed a mutual visa exemption agreement, according to the Ministry of Transport.

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WORLD

Dalai Lama dismisses health rumours

Published on 06/07/2024

» NEW DELHI - The Dalai Lama said on Saturday he is recovering from a knee surgery and feels “physically fit”, brushing aside rumours of ill health on his 89th birthday.

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THAILAND

New mobile schools for vulnerable children

Apinya Wipatayotin, Published on 06/07/2024

» The Equitable Education Fund (EEF) aims to help 1.02 million school dropouts access education through the “Mobile School” project, which will offer a flexible education platform to these vulnerable groups.

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BUSINESS

Europe taxes EVs, China goes after cognac

Published on 06/07/2024

» AIX-EN-PROVENCE, France - China’s anti-dumping investigation into Europe’s cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, says the luxury goods group LVMH.

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PROPERTY

Concerns about foreign property perks downplayed

Onnucha Hutasingh, Published on 06/07/2024

» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.

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THAILAND

Employer refuses to pay migrant worker’s medical bills

Published on 06/07/2024

» The Department of Employment has filed a police complaint against a Thai employer who reportedly refused to cover medical costs for a migrant worker who had entered the country illegally.

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BUSINESS

Old-rice auction winner faces disqualification

Phusadee Arunmas, Published on 06/07/2024

» The unofficial winner of an auction for 15,000 tonnes of old rice is likely to be disqualified after the Public Warehouse Organization (PWO) detected several irregularities, according to a source at the Ministry of Commerce.