News

Banks offer discounts for overdue loan payments

In a bid to rein in non-performing loans, several commercial banks are offering a cut of 15-20% for payment of overdue loans to encourage customers to clear their credit card and personal debt, according to a debt collection firm. Pracha Chaisuwan, managing director of Chet Collection ...

Thai PM says Vietnam a friend, not competitor

Thai Prime Minister Prayuth Chan-ocha has brushed aside concern that Vietnam is eclipsing Thailand as a regional manufacturing base, saying Vietnam is a friend not a competitor.   The comments came during a visit to Bangkok by Vietnamese Prime Minister Nguyen Tan Dung, and at a time ...

Verification program begins but most migrants frozen out

Immigration teams from Myanmar have arrived in Thailand to conduct a long-awaited nationality verification process meant to regularise the status of over half a million workers caught in immigration limbo.  The current plan involves sending out newly arrived representatives from the labour ministry, immigration department and ...

Thailand leading Asia in cracking down on drinking

By banning alcohol sales near universities and technical colleges, Thailand is putting the nation at the forefront of efforts in Asia to curb booze consumption. Under amendments to the Alcohol Control Act endorsed by the government and to be implemented nationwide, bars, clubs and retailers will ...

Vietnam-Thailand cooperation thriving across the board: PMs

Cooperation between Vietnam and Thailand has been comprehensively flourishing, demonstrating the growing efficiency and importance of their strategic partnership, said leaders of the two countries.   Vietnamese Prime Minister Nguyen Tan Dung and his Thai counterpart Prayuth Chan-ocha said at their retreat talks and the joint Cabinet ...

Thaicom set to seal mobile lead in Laos

Thaicom Plc’s mobile operating unit in Laos has seen its licence extended for another 25 years, six years before the expiry of the original contract. Thailand’s sole satellite service provider expects the extension granted to its joint venture company, Lao Telecom, to cement its leadership in the ...

Coal plant proposed for pristine Thai coast sparks outcry

Plans to build an 800-megawatt coal power plant near some of Thailand’s most popular beaches have sparked protests and a hunger strike by activists who say officials aren’t considering its impact on the pristine environment that makes the area an international tourist destination. More than 100 members ...

Southern Thailand hit by weak rubber prices

At a time when little is going right for Southeast Asia’s second-largest economy, Thailand is being hit hard by weak global demand for its major agricultural exports. Among the people most affected are the country’s rubber producers, suffering depressed prices since January 2014. After surging to more ...

Myanmar soon to be visa-free for Thais

The cabinet has approved the signing of a new reciprocal agreement with Myanmar to allow visa-free visits by citizens of both countries with ordinary passports for up to 14 days.  Keep reading ...

Nong Khai, Thailand holds a workshop for drivers planning to work in Laos

Thailand’s Office of Land Transport, Nong Khai province, held a workshop for drivers who are looking to work in Laos.  Keep reading ...

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