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BUSINESS

Bank of Thailand plans new rules for banks’ investments in digital assets

Reuters, Published on 23/03/2022

» The Bank of Thailand (BoT) is planning new rules on investments in digital assets by subsidiaries of commercial banks, including allowing them to invest up to 3% of their capital in such businesses, an assistant governor said on Wednesday.

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THAILAND

Vietnamese man found paddling alone towards India

Wassana Nanuam, Published on 23/03/2022

» PHANGNA: A Vietnamese man was rescued from an inflatable boat after he was found paddling alone towards India to see his wife, from whom he had been separated by Covid-19.

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THAILAND

Complaint filed after live king cobra arrives by courier

Published on 23/03/2022

» KHON KAEN: The National Parks, Wildlife and Plant Conservation Department on Wednesday registered a complaint against two men after staff at a mail delivery company office were shocked to receive a package sent from Phitsanulok that contained a live snake.

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THAILAND

Supreme Court postpones ruling on rocker Sek Loso's appeal

Online Reporters, Published on 23/03/2022

» Rocker Seksan Sookpimay remains out of prison after the Supreme Court on Wednesday postponed its ruling on his sentencing for drug abuse and resisting arrest in late December 2017.

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BUSINESS

Investors snap up Hong Kong hotels for conversion to long-term leasing, student accommodation

Published on 23/03/2022

» HONG KONG: International funds and local investors are snapping up hotels in Hong Kong with the intention of converting them for long-term leasing and student accommodation as the outlook for the city's tourism industry remains uncertain.

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THAILAND

US Army Pacific commander visits Thai army chief

Wassana Nanuam, Published on 23/03/2022

» Gen Charles Flynn, the commanding general of the United States Army Pacific, met Thai army commander-in-chief Gen Narongphan Jitkaewthae to discuss security cooperation on Wednesday.

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BUSINESS

Lenzing to build its world's largest Lyocell plant

Published on 23/03/2022

» The specialty fiber producer Lenzing has announced the completion of an investment of the world's largest Lyocell fiber manufacturing plant, which is consisting of an advanced innovative production and using biodegradable and environmentally friendly wood fibers at its site in the 304 Industrial Park in Prachinburi Province. 304 Industrial Park is sustainable eco-industrial town offering full ranges of utilities that meet all client queries. Meanwhile, Lyocell plant itself has an annual production capacity of more than 100,000 tonnes, with a total investment of more than 400 million euros or about 15 billion baht.

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WORLD

Indonesia preparing tough new curbs for online platforms

Reuters, Published on 23/03/2022

» SINGAPORE/JAKARTA: Indonesia is readying tough new rules that will allow it to fine and criminally charge internet and social media platforms, sources with direct knowledge of the matter said, potentially slowing online firms' rapid growth in a $70 billion market.

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WORLD

Black box of crashed China Eastern jet recovered

AFP, Published on 23/03/2022

» A black box from the crashed China Eastern airliner was recovered on Wednesday as investigators try to piece together what made a jet carrying 132 passengers nosedive into a mountainside in southern China.

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THAILAND

Double masking enough, health ministry says

Online Reporters, Published on 23/03/2022

» Wearing more than two face masks does not mean better protection from Covid-19, a senior Public Health Ministry official said on Wednesday.