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BUSINESS

RX Tradex Announces Readiness for "Manufacturing Expo 2024"

Published on 18/06/2024

» RX Tradex is delighted to announce their readiness for the grand "Manufacturing Expo 2024" at BITEC, Bangkok. This industry-leading event will feature seven specialised trade shows and exhibition spaces showcasing cutting-edge innovations and technologies from over 2,000 brands across 30 countries. In Collaboration with government agencies, the event aims to provide intellectual nourishment to professionals from all manufacturing sectors through exceptional academic seminars, targeting over 95,000 visitors this year.

WORLD

China's rich ditch flashy luxury as global sales stall, says Bain

Published on 18/06/2024

» PARIS/MILAN - China's richest people are avoiding flaunting their wealth in favour of more discreet fashion, according to a report published on Tuesday by Bain consultancy that predicted the weakest global luxury market since the height of the pandemic.

WORLD

Philippines says sailor loses finger in China sea clash

Published on 18/06/2024

» MANILA - A Philippine navy sailor suffered "serious injury" after what the country's military called on Tuesday "intentional high-speed ramming" by the Chinese coast guard during a resupply mission in the South China Sea.

THAILAND

Senate passes landmark bill recognising marriage equality

Published on 18/06/2024

» The Senate passed the final reading of a marriage equality law on Tuesday, paving the way for the country to become the third territory in Asia to recognise same-sex couples after Nepal and Taiwan.

BUSINESS

Oil prices remain under pressure after the OPEC policy change to increase oil production

Published on 18/06/2024

» ICE Brent crude oil prices have been hovering around $80 to $90 per barrel since early February, supported by OPEC+ crude oil production cuts and conflicts in the Middle East. However, at the beginning of June, prices fell back below $80 per barrel after an OPEC+ policy change. On June 2nd, the OPEC+ group decided to increase oil production by a total of 2.2 million barrels per day (0.18 million barrels per day per month from October to December 2024 and 0.213 million barrels per day per month from January – September 2025) which is the main supply pressure on prices. PTT Trading’s international market analysis team predicts that ICE Brent crude prices will range between $75 and $85 per barrel in Q3 2024.

THAILAND

Tough new limit on meth possession

Post Reporters, Published on 18/06/2024

» A new regulation is now in force allowing drug abusers to possess only one methamphetamine pill or 20 milligrammes of crystal meth, or "ice", to be eligible for rehabilitation instead of prosecution.

THAILAND

Fake pet meds seized, worth B84m

Wassayos Ngamkham, Published on 18/06/2024

» Police seized fake animal medication worth more than 84 million baht from two major gang networks during raids in Nakhon Pathom and Samut Sakhon provinces.

WORLD

Hanoi residents praise Putin as 'world leader', 'idol'

Reuters, Published on 18/06/2024

» HANOI - Nguyen Thi Hong Van's Russian souvenir shop may be a bit of an oddity in the Vietnamese capital, but her gifts sell very well, she says, reflecting the enthusiasm Hanoians of all ages have for President Vladimir Putin who will visit the city this week.

THAILAND

Court to consider PM Srettha’s ethics case next month

Online Reporters, Published on 18/06/2024

» The Constitutional Court said on Tuesday it will consider the ethics case against Prime Minister Srettha Thavisin on July 10, pending receipt of opinions from involved people and organisations.

THAILAND

Senate election gets green light from court

Online Reporters, Published on 18/06/2024

» The Constitutional Court ruled unanimously on Tuesday that the Senate election did not breach the charter, clearing the way for the poll to proceed to its final step next week.