News
BOT urges hedging against currency risk
Bank of Thailand governor Veerathai Santiprabhob on April 19 urged exporters to hedge against volatility in the value of the baht as the country faced the prospect of trade protectionism against the backdrop of tensions on the Korean Peninsula – with “unpredictable” outcomes from the latter. “Geopolitical ...
China Town, Khao San Road areas to be transformed into organised street food areas
The government is planning to transform Bangkok’s China Town and Khao San Road into well-organised areas for street food vendors. “We will allow street stalls, as long as they comply with our regulations on zoning, stall designs, green packaging and hygienic standards,” Second Lieutenant Pornchanok Amphan, ...
Mekong River survey begins despite opposition
Survey work on the Mekong River channel project officially started on April 19 in Chiang Rai, and field survey by a Chinese company is expected to begin tomorrow amid strong opposition by environmentalists. The Marine Department revealed on April 19 that China’s CCCC Second Habor Consultant Co ...
Finance ministry welcomes public feedback with new hotline
The Ministry of Finance has launched the hotline number 1519 to better connect with members of the public so that consumers can more easily air complaints or provide recommendations regarding finance sector operations in the country. According to a notice issued by the Ministry of ...
Business operations face high logistics costs, study says
High logistics costs in Laos are still a major obstruction for business operations throughout the domestic private sector and can also deter investors, a recent study suggests. Logistics costs in the country are as high as double compared to other neighbouring or ASEAN countries according to ...
Tunnel works underway on Laos-China railway project
Efforts to bore tunnels for the Laos-China railway project have begun, marking a new and intensive stage to construction work underground for the landmark multi-billion dollar project. As of Tuesday, more than 10 metres had been bored for the Boten Tunnel, one of the three tunnels ...
Mekong survey draws protests
A network of environmentalists is getting ready to protest against a Chinese government survey of the Khon Pi Long rapids in Chiang Rai. The Chinese team on April 18 began its 50-day study of the rapids, which lie along the Mekong River. Environmentalists fear China wants ...
Panel hears bribery rife in fish industry
The Command Centre for Combating Illegal Fishing has set up a panel to look into complaints accusing some officials of demanding bribes from trawler operators. Centre deputy head Vice Admiral Wannapol Glormgeao said Tuesday the centre recently received a number of complaints from anchovy trawler ...
Artificial intelligence to play big role in global economy
Artificial intelligence is set to provide a significant boost for the global economy as it lays the foundation for accelerated innovation throughout the coming decade and beyond, according to consulting firm PwC Thailand. Pricewaterhouse Coopers expects the arrival of AI to transform the way businesses ...
Forest conservation might be an even more important climate solution than we realize: study
It’s estimated that deforestation is responsible for about 10 percent of global carbon emissions. Of course, in addition to the direct emissions created, the destruction of a forest means the removal of a valuable carbon sink, as well, which is why deforestation represents a “double ...
