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WORLD

US: Malaysian firms help move Iranian oil

Reuters, Published on 07/05/2024

» SINGAPORE - The United States says Iran’s capacity to move its oil as is becoming more reliant on service providers based in Malaysia, with oil being transferred near Singapore and throughout the region, a senior US Treasury official said on Tuesday.

WORLD

Next few months crucial in Myanmar war

Reuters, Published on 07/05/2024

» In the jungles of southeastern Myanmar’s Dawna Hills, rebels from an armed ethnic group are fighting to hold back columns of reinforcements sent by the country’s ruling junta to try to reclaim Myawaddy, a critical trading outpost on the Thai border.

WORLD

Microsoft creates AI for spies

Bloomberg News, Published on 07/05/2024

» Microsoft Corp has deployed a generative AI model entirely divorced from the internet, saying US intelligence agencies can now safely harness the powerful technology to analyse top-secret information.

BUSINESS

Krabi calls for more investment in water

Molpasorn Shoowong, Published on 07/05/2024

» Tourism operators in Krabi are requesting long-term water supply investment as the southern province lacks sufficient reservoirs and efficient management to deal with a future that could feature longer droughts.

BUSINESS

Industrialists join rate-cut chorus

Lamonphet Apisitniran, Published on 07/05/2024

» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).

BUSINESS

‘Buy now, pay later’ abuse under scrutiny

Somruedi Banchongduang, Published on 07/05/2024

» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.

BUSINESS

New finance minister plans talks with central bank chief

Post Reporters and News Agencies, Published on 07/05/2024

» Newly appointed Finance Minister says he plans talks with Bank of Thailand governor Sethaput Suthiwartnarueput in a bid to ensure fiscal and monetary policies are aligned.

THAILAND

Manhole cover theft prevention takes on new urgency

Supoj Wancharoen, Published on 07/05/2024

» The Bangkok Metropolitan Administration (BMA) is looking to come up with urgent measures to prevent manhole cover thefts and improve pedestrian safety along pavements across the city.

LIFE

Centara Grand Beach Resort & Villas Hua Hin turns 101

Guru, Pornchai Sereemongkonpol, Published on 07/05/2024

» Centara Grand Beach Resort & Villas Hua Hin turns 101 this year. It first opened in 1923, during the reign of King Rama VI, when it was The Railway Hotel, Hua Hin, and was one of the first beach resorts in Thailand.

THAILAND

New health minister seeks cannabis views

Apinya Wipatayotin, Published on 07/05/2024

» Newly appointed Health Minister Somsak Thepsuthin says he needs to listen to people’s opinions first before making a final decision on the future of cannabis.