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THAILAND

Brunei inks pacts to boost trade, tourism

Poramet Tangsathaporn, Published on 29/04/2024

» Brunei and Thailand on Monday signed two memorandums of understanding on trade and tourism cooperation.

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WORLD

NATO chief says Ukraine can still prevail in war with Russia

Published on 29/04/2024

» Ukraine still has a chance to prevail on the battlefield after Moscow took advantage of delays in western military and financial aid, North Atlantic Treaty Organization Secretary-General Jens Stoltenberg said.

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THAILAND

Thanathorn shrugs off warning on Senate campaign

Chairith Yonpiam, Published on 29/04/2024

» Thanathorn Juangroongruangkit, chairman of the Progressive Movement, on Monday shrugged off the Election Commission (EC)'s warning regarding the group's current campaign encouraging people to run in the Senate race.

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BUSINESS

Finance Ministry downgrades Thai growth forecast

Wichit Chantanusornsiri, Published on 29/04/2024

» The Finance Ministry on Monday downgraded its economic growth forecast to 2.4% for this year, down from its previous projection of 2.8% in January.

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BUSINESS

Warning over minimum wage increase

Phusadee Arunmas, Published on 29/04/2024

» The University of the Thai Chamber of Commerce (UTCC) said that if the government raises the minimum daily wage to 400 baht nationwide, it may lead to GDP growing at at a rate below 2.6% and increase the rate of inflation to 3%, affecting consumer purchasing power.

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THAILAND

Yellow Line to resume normal services 'next month'

Supoj Wancharoen, Published on 29/04/2024

» The Yellow Line monorail will resume normal operations next month, after an incident in March prompted the Mass Rapid Transit Authority (MRTA) to order safety inspections along the entire line, said MRTA acting governor Witthaya Phanmongkol on Monday.

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THAILAND

Navy chief repeats call for submarines purchase

Wassana Nanuam, Published on 29/04/2024

» Navy chief Adm Adung Phan-iam is repeating his call for Defence Minister Sutin Klungsang to approve the navy's submarine procurement plan, after Mr Sutin retained his position following the latest cabinet reshuffle.

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THAILAND

6 members of 2 major scam gangs arrested, including 2 Chinese nationals

Wassayos Ngamkham, Published on 29/04/2024

» Six suspected members of two major call centre scam gangs have been arrested separately with cash and other assets worth about 42 million baht seized. One Chinese suspect managed digital wallets with about 70 billion baht in circulation.

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BUSINESS

Tepid exports recovery add to Thailand, Vietnam’s currency woes

Published on 29/04/2024

» An unexpectedly weak exports performance in Asia’s emerging economies risks adding pressure to their currencies already hammered by a strong dollar and the Federal Reserve’s hawkish pivot.

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WORLD

Heat wave in Southeast Asia closes schools, triggers health alerts

Published on 29/04/2024

» MANILA: The Philippines has closed schools down and warned of overloading on its power grid, as authorities across Southeast Asia issued a series of health alerts for a crushing and deadly heat wave.