News
Cautious optimism on the economic front
The Thai economy will expand by 2.8% by year-end, and government megaprojects will accelerate higher growth rates next year, the Fiscal Policy Office said on 26 November. Keep reading ...
'Echelon Thailand' set to host Mekong region start-ups
“Echelon Thailand” will bring active start-up communities from around the Mekong region including CLMV (Cambodia, Laos, Myanmar and Vietnam) to connect with one another. The 26-27 November event organised by e27, Asia’s largest tech media platform, is expected to attract the best of the Mekong region’s ...
Vietnam Coast Guard seizes armed Thai ship for oil smuggling
A Thai ship has been caught selling oil illegally to a Vietnamese fishing boat in southwestern waters, the Vietnam Coast Guard said in a statement. V.Lucky with five Thai crewmen was carrying 170,000 liters of diesel and pumping the oil to a Vietnamese fishing boat that ...
Thai auto production hitting 2m units in 2016
With the slowdown in domestic auto sales ebbing and strong exports, Thai automobile production is expected to reach 2 million units next year, the Federation of Thai Industries projects. Surapong Paisitpatanapong, a spokesman for the FTI’s automotive industry club, said the production in 2016 likely will grow ...
Thai Prime Minister orders ministers to China to settle rail project
Prime Minister Prayut Chan-o-cha has ordered key ministers to go to China for negotiations on the delayed Thai-China railway project after China set a high interest rate on loans to finance it. The cost of the project is now estimated to reach around 500 billion baht. Keep reading ...
Nestlé report details labor abuses on Thai 'slave ships'
Nestle, the world’s largest food company, has acknowledged that it is almost certain that seafood bought from Thailand by itself and other large Western firms is produced by what are effectively modern-day slaves, many of them Cambodian. In a report, released by Nestlé on 23 November, ...
THAI staff threaten strike action
Thai Airways International Plc (THAI) has assured it plans no salary cuts for middle-level and low-level staff amid speculation ground staff plan a strike against the company’s cost-cutting scheme. Rumours of a strike on 25 November spread rapidly on social media via groups of staff, prompting urgent attempts ...
Thailand's debt-stricken teachers 'need financial help'
The Thailand Teacher’s Development Association on 23 November demanded Education Minister Dapong Ratanasuwan provide debt refinancing packages, to prevent teachers from becoming swamped with debts which will eventually affect the students. The association proposed the ministry combine formal and informal debts of teachers nationwide, and transfer the whole chunk ...
Expired Thai food burned in Battambang
Customs officials in Battambang on 23 November seized and burned nearly 500 kilograms of expired food imported from Thailand. The intercepted goods included noodles, dried squid, biscuits and candy. Keep reading ...
370 foreign companies approved under Thailand's Foreign Business Act in first 11 months
Thailand’s Business Development Department approved the operations of 370 foreign companies under the Foreign Business Act during the first 11 months of the year. Keep reading ...
