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THAILAND

Legal advice sought on digital wallet

Aekarach Sattaburuth, Published on 07/12/2023

» The government has sought legal advice on only one issue related to its 10,000-baht digital wallet scheme, and it is not related to a plan to borrow 500 billion baht to fund the programme, says Deputy Finance Minister Julapun Amornvivat.

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GENERAL

Banks to hold interest rates steady

Somruedi Banchongduang, Published on 07/12/2023

» The Thai Bankers’ Association (TBA) has signalled that its members would hold prime interest rates steady, in line with the Bank of Thailand’s policy rate, as the US Federal Reserve plans to start cutting rates next year.

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GENERAL

Second-tier cities drawing more tourists

Molpasorn Shoowong, Published on 07/12/2023

» Tourism revenue in second-tier cities this year should exceed the 2019 level by nearly 40%, pushing revenue generated by domestic travel to exceed the 800 billion baht forecast by the Tourism Authority of Thailand (TAT).

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WORLD

‘A place of fear’: Hong Kong activist recalls years of repression

AFP, Published on 07/12/2023

» OTTAWA - Agnes Chow was trapped in Hong Kong, had her passport seized and was branded a "foreign agent" after years as one of the city's most prominent democracy activists.

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WORLD

Fatah in freefall as Hamas and Israel battle

AFP, Published on 07/12/2023

» RAMALLAH, Palestinian Territories - Fatah, the largest Palestinian party, has seen its popularity plunge during the war between Israel and Hamas in Gaza, from where the Islamists violently ousted rivals Fatah in 2007.

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THAILAND

Activist demands action on pork scandal

Aekarach Sattaburuth, Published on 07/12/2023

» Activist lawyer Achariya Ruangrattanapong has asked the opposition Move Forward Party to push for action on the smuggled pork scandal, saying the public has not seen any progress despite confessions from some government officials involved.

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WORLD

Greece and Turkey seek to improve relations

AFP, Published on 07/12/2023

» ATHENS - Greece and Turkey on Thursday restarted high-level talks to reduce chronic tensions in their relations as the Turkish president visited Athens for the first time in six years.

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GENERAL

THAI ‘negotiating for 80 Boeing Dreamliners’

Published on 07/12/2023

» Thai Airways International is in advanced talks with Boeing to acquire around 80 wide-body 787 Dreamliner jets as the US planemaker pulls ahead of Airbus in widely watched fleet renewal talks, industry sources say.

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WORLD

Venezuela-Guyana tensions soar, US mounts military exercises

AFP, Published on 07/12/2023

» GEORGETOWN (GUYANA) - The United States announced joint military flight drills in Guyana on Thursday as soaring tensions over a contested oil-rich region with neighbor Venezuela prompted the UN Security Council to call an urgent meeting.

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WORLD

Destroying Hamas tunnels ‘will take months’

Published on 07/12/2023

» TZE'ELIM TRAINING BASE, Israel - Israel’s military says its mission to destroy an estimated 500 kilometres of Hamas tunnels across the Gaza Strip will take months, causing a scale of urban destruction that may prove impossible to reverse.