News
King Power secures 39percent stake in Asia Aviation in Bt7.9-billion deal
Duty-Free Operator King Power Group has taken a 39-per-cent controlling stake in Asia Aviation, the operator of Thailand’s largest budget airline Thai AirAsia, from the carrier’s chief executive Tassapon Bijleveld and two of his family members in a deal worth more than Bt7.9 billion. If King ...
Salt mine protests intensify
More than 500 villagers rallied on 12 June against a company’s underground salt mining project in Kham Thale So district amid concerns over the environmental impacts. The company is excavating to explore underground salt deposits in a location about 500 metres away from Bang Nong Hua ...
THAI orders 12 Airbus A350s
Thai Airways International Plc has ordered 12 new Airbus A350 XWB aircraft, eight of them on lease. The first aircraft is scheduled to arrive in August and is expected to replace an old plane on the Bangkok-Melbourne route. The Airbus A350 XWB is a mid-size long-range commercial ...
EC, NLA unnerved by referendum-law challenge
The chiefs of the Election Commission and the National Legislative Assembly showed confidence on 9 June the draft charter referendum remained on course despite the latest decision by the Constitutional Court. The controversial words are “violent, aggressive, rude,” which the petitioners find vague and subjective and open ...
Thailand eliminates mother-to-child transmission of HIV
The World Health Organization announced on 8 June that Thailand has become the first Asian country to eliminate mother-to-child transmission of HIV and syphilis. Elimination of transmission is defined as a reduction of transmission to such a low level that it no longer constitutes a public health ...
IMF urges Thailand rate cuts that central bank says not needed
The International Monetary Fund called on policy makers in Thailand to cut interest rates in the face of a sluggish economy and low inflation, an approach that the central bank says isn’t necessary. Thailand needs expansionary fiscal and monetary policies to help spur an economy that’s ...
Diverting the Mekong River into Thailand: The Khong-Loei-Chi-Mun project
Recently, the Royal Irrigation Department has reinvigorated its irrigation plans through the “Mekong-Loei-Chi-Mun River Management and Diversion by Gravity in the Northeast” project. It entails diverting water from the Mekong River’s mainstream into the Loei River in Northeastern Thailand, which would then be connected via tunnels ...
Foremost producer to make Thailand Asean export hub
Netherlands-based Royal FrieslandCampina, the producer of Foremost dairy products, plans to make Thailand its Asean export hub. The company expects income from Asia to be contributing half of its total revenue globally within five years, chief executive officer Roelof Joosten said on 7 June. He said Thailand ...
Nod to new govt PR station likely
The broadcasting regulator is likely to look favourably on the government’s request for a digital-TV licence to launch a station to promote its Pracha Rath grass-roots-economy policy. “The broadcasting committee has not yet concluded this matter but we intend to support essential national policies,” Pakdee Manaves, ...
China takes over Thai fruit and vegetable industry
Chinese traders have gained control of the fresh fruit and vegetable segments of the Thai agriculture industry – negatively affecting the quality of produce shipped into Vietnam. Experts at the Vietnam Fruit and Vegetables Association also say there are legitimate concerns that Chinese domination of these ...
