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The Latest Breaking News from Thailand

China reopening ‘not enough’ to power Thai growth to 4% in 2023

An upswing in tourism from China’s reopening will help boost Thailand’s economy, but isn’t sufficient to restore growth to pre-pandemic levels just yet, according to analysts.

Bangkok Post

JPMorgan’s top pick in Asean is Thai stocks on tourism outlook

A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.

Bangkok Post

J.P. Morgan bullish on Thai bourses

Global financial services firm J.P. Morgan has upgraded its rating for Thailand's stock markets to overweight from neutral because of returning Chinese tourists, with the SET Index forecast to hit 1,800 points this year.

Bangkok Post

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Dusit suffering from lack of long-haul hotel guests

Hotel operator Dusit International is experiencing an ongoing shortage of long-haul guests because of limited flights and high airfares, although last year's fourth quarter saw its best performance in three years with a 75% occupancy rate.

Bangkok Post

Resorts World Cruises propels demand

Resorts World Cruises, a luxury-lifestyle cruise line with itineraries within Malaysia, Singapore and Thailand aboard the vessel Genting Dream, has announced cruises from Hong Kong on Resorts World One from March 10 with two- and three-night high-seas cruises departing every Friday, Sunday and Wednesday.

Bangkok Post

Erawan output set to normalise next year

PTT Exploration and Production Plc (PTTEP) expects gas production at the Erawan gas field in the Gulf of Thailand to increase to the normal level of 800 million metric standard cubic feet per day (MMSCFD) by April next year, part of efforts to increase domestic gas supply and reduce electricity…

Bangkok Post

Aqua Corp eager to take Thai Parcel public in May

Aqua Corp, the SET-listed media and publishing company, is planning to list its parcel delivery unit on the Stock Exchange of Thailand (SET) in May, aiming to raise funds for future expansion.

Bangkok Post

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Manufacturers urged to adopt renewables

Higher power bills will be a key factor awakening businesses in the manufacturing sector to a need to seriously adopt renewable energy to relieve an increase in their production costs, estimated at 4.88% on average, says the Industry Ministry.

Bangkok Post

Cisco warns of risks posed by hybrid work

Global networking giant Cisco Systems says security for hybrid work is among its top business priorities in Asean and Thailand as businesses are paying more attention to the issue.

Bangkok Post

Redress now accepts 2023 fashion design entrants

The Redress Design Award 2023 is accepting applications from emerging fashion designers around the world, including Thailand.

Bangkok Post

Erawan gas output to return to normal

PTT Exploration and Production Plc (PTTEP) expects gas production at the Erawan field in the Gulf of Thailand to increase to the normal level of 800 million metric standard cubic feet per day (MMSCFD) by April next year, as part of an effort to increase domestic gas supply and reduce…

Bangkok Post

Thais target World Cup spot

Thailand aim to become a force in Asia and claim their first-ever World Cup berth after retaining the Asean title on Monday night.

Bangkok Post

Thailand set to step up FTA negotiations with Sri Lanka

Thailand has vowed to accelerate negotiations on a free-trade agreement (FTA) with Sri Lanka, aiming to finish the talks by the beginning of 2024.

Bangkok Post

Reforming Thailand: a dual challenge

Thailand needs to gain competitiveness in the global economy. However, two hindrances come to mind: old leaders and outdated laws.

Bangkok Post

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Bangkok Post

Determining the future of virtual banking

The Bank of Thailand has issued a consultation paper for the virtual bank licensing framework as part of its hearings into the creation of virtual banks as new financial service providers. Below are details about virtual banks listed in the paper and frequently asked questions.

Bangkok Post

Hotels struggling with staff shortage

Workers remain reluctant to return to the hospitality industry even though employee revenue from hotel service charges has almost returned to pre-pandemic levels, as Chinese travellers start to return to Thailand.

Bangkok Post

TISI decreases for first time in 7 months

The Thailand Industry Sentiment Index (TISI) decreased for the first time in seven months to 92.6 points during the festive month of December last year, says the Federation of Thai Industries (FTI).

Bangkok Post

Gulf gas talks could restart in months

A date for talks between Thailand and Cambodia to explore a new petroleum source in the Gulf of Thailand's overlapping claim area (OCA) should emerge in two months, says the Department of Mineral Fuels.

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Bangkok Post

Clooney Foundation speaks up for Thai protesters

Thailand should dismiss the case against 22 protest leaders charged with insulting the monarchy, sedition and a range of public order offences, says TrialWatch, an initiative of the Clooney Foundation for Justice.

Bangkok Post

US-China tech war likely to intensify

Thai entrepreneurs are being urged to closely monitor the US-China technology war as it is expected to intensify this year, warns the Commerce Ministry's planning unit.

Bangkok Post

Thai diplomacy extends to Global South

At last week's virtual summit organised by Indian Prime Minister Narendra Modi to gather input from members of the Global South, Thailand diligently reached out to the world's developing and less developing countries with a holistic approach focusing on human security and balanced development.

AFP

Theerathorn strike seals AFF Cup triumph for Thailand

Bangkok (AFP) - Thailand secured their second successive AFF Cup trophy Monday, seeing off a poor Vietnam side 1-0 in the second leg of the final to cement their status as the leading force in Southeast Asian football.

Bangkok Post

Captain Theerathon shoots winner as Thailand retain Asean title

Thailand successfully defended their Asean Championship football title after a 1-0 victory over Vietnam in the second leg of the final on Monday gave Mano Polking's side a 3-2 aggregate triumph against their Southeast Asian rivals.

Daily Mirror

Helicopter CRUSHES 8 people while trying to scatter sweets over children's party

A navy helicopter was flying low to scatter flowers and sweets for kids celebrating a National Children's Day event in Muang district, Thailand. It sent powerful downdrafts that caused the outdoor tents to collapse on people

Reuters

Daughter of Thailand's exiled former PM Thaksin to seek premiership

The daughter of Thailand's self-exiled former leader Thaksin Shinawatra has declared her readiness to run for prime minister in an election this year, as the main opposition seeks to regain power after being ousted in a coup eight years ago.

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