Baht at its weakest point in 6 years as Fed’s aggressive rate hike looms

  THE BANK of Thailand is keeping a close eye on the Thai baht which touched its weakest exchange rate to the US dollar today (June 15) as global markets brace for the sharpest rise in US interest rates in almost 30 years with the Federal Reserve taking action to halt rising inflation, INN News …

Bitcoin falls 14% after crypto lender Celsius Network freezes withdrawals

  By Reuters and published by Euronews.next CRYPTOCURRENCY lending firm Celsius Network will pause withdrawals and transfers between accounts due to "extreme market conditions", the company said on Monday, in the latest sign of pressure in the crypto industry. The world's largest cryptocurrency, Bitcoin, extended earlier declines after the announcement, falling more than 10 per …

Indian tourists flocking to Thailand with over 100,000 holidaying here so far

  THE relaxation of entry measures has led to more tourists coming to Thailand with Indians being at the top of the list of arrivals from Jan. 1 to May 24 during which 100,884 holidayed here, Amarin TV said today (May 29). The Tourism Authority of Thailand (TAT) is confident that Thailand will be able …

Pattaya bustling as pubs, bars gear up to reopen on June 1

  THERE is a lively mood in Pattaya as pubs and bars in this seaside city start cleaning their premises and equipment for reopening till midnight from June 1 onwards as permitted by the  Centre for Covid-19 Situation Administration, Naewna newspaper said this evening (May 28). The Covid administration had on May 20 allowed entertainment …

Gen. Anupong: New Bangkok governor to decide train concession issue

IN ANSWERING an interpellation on the extension of the Bangkok Mass Transit System’s Green Line train concession in Parliament today (May 26) Interior Minister Gen. Anupong Paochinda said the decision on this issue rests with the new Bangkok governor and city council, TV Channel 7 and Matichon newspaper said. Mr. Prademchai Boonchuayluea, Pheu Thai Party …

Cambodia Airways inaugural Phnom Penh-Koh Samui flight warmly welcomed

SENIOR officials were on hand to welcome passengers flying from Phnom Penh to Koh Samui on Cambodia Airways inaugural flight KR 723 today (May 20) with this leading to two non-stop weekly flights on this route henceforth, Naewna newspaper said. Surat Thani Governor Mr. Witchawut Jinto and Koh Samui District Chief Mr. Chayaphon Ontornsupha accompanied …

Entertainment venues allowed to reopen in blue, green provinces from June 1

THE Centre for Covid-19 Situation Administration (CCSA) executive committee today (May 20) allowed entertainment venues such as  pubs, bars, karaoke lounges and massage parlours to reopen from June 1 onwards but only in blue and green provinces, Sanook.com said. Dr. Taweesilp Visanuyothin, CCSA’s spokesman,said these venues are only allowed to stay open till midnight and …

Nightlife business operators lobby PM for reopening on June 1

  OPERATORS of all types of nightlife businesses asked Prime Minister Prayut Chan-o-cha to quickly allow the reopening of their establishments and restore the 300 billion baht industry at the Centre for Covid-19 Situation Administration (CCSA) executive committee meeting on Friday May 20, Thansettakij said this morning (May 18). Eight nightlife associations together with 230 …

THAI resumes flights to Bali, to fly daily from mid-June

  THAI Airways International (THAI)  started flying to Bali again from May 1 and with the good feedback it has received will be flying to the Indonesian holiday island everyday from June 18 onwards, Matichon newspaper said today (May 4). Passengers flying by THAI to Bali are both those departing from Bangkok and  those flying …

Minister: Daily minimum wage will be hiked, but not to 492 baht

  AFTER various labour unions asked the government to increase the daily minimum wage to 492 baht at an International Labour Day event at the Democracy Monument this morning (May 1), Labour Minister Suchart Chomklin said there will be an increase but not to that level, Thansettakij newspaper and Amarin TV said. The minister pointed …

Suvarnabhumi lively on the first day of cancellation of Test & Go scheme

  SUVARNABHUMI Airport was bustling with tourists today (May 1) the first day of the cancellation of the Test & Go system with foreign tourists continuously entering the country but there was no congestion at any point with most passengers satisfied with the convenience offered, Matichon newspaper said. On hand to inspect the major change …

Thailand ranked the 8th safest travel destination in survey of Americans

  PRIME MINISTER Prayut Chan-o-cha is pleased that Thailand rose to rank as the 8th safest global travel destination in a survey of Americans by travel insurance provider Berkshire Hathaway Travel Protection, TV Channel 7 said today (Apr. 30). A similar survey in 2018 had placed Thailand 20th with this year's result being a significant …

Songkhla hoteliers complain border reopening has not helped

DESPITE THE Sadao immigration checkpoint in southern Songkhla province having reopened after two years on Apr.l 1 hoteliers complained today (Apr. 7) that this has not helped them because the entry barriers and cost to their province are higher than Phuket, Krabi, Phang Nga and Koh Samui, Matichon newspaper said. Mr. Siwat Suwanwong, president of …

Community enterprise grows asparagus for non-export markets

By Thai Newsroom Reporters THOUGH MOST ASPARAGUS FARMS are famously located in the western part of the country and largely bound for export, a community enterprise group of farmers in a remote district of Lopburi has humbly tended to the growing of the greenish, crispy vegetable for domestic consumption which could bring them a well-deserved …

Cabinet nod for Thai-India Air Travel Bubble, flights to start this month

  THE Cabinet today (Mar. 1) approved the Air Travel Bubble Agreement between Thailand and India to again resume commercial flights between the two countries after suspension since 2020 due to the Covid-19 pandemic, Amarin TV said. Airlines are expected to start flying between the two countries this month. Ms. Ratchada Thanadirek, deputy spokesperson for …

Thais among over 30,000 Credit Suisse bank clients revealed in huge leak

  By AP via VOA News, Matichon, The Guardian A GERMAN newspaper and other media on Sunday said a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients — some of them unsavoury — and points to possible failures of due diligence in checks on …

European and US stocks climb as Russia starts returning some troops to base

  By Chloe Taylor, CNBC London – European stocks were higher today (Feb. 15) after Russia announced it had begun returning some troops to deployment bases, tentatively raising hopes of de-escalation on the borders of Ukraine. The pan-European Stoxx 600 index climbed 1.2% during afternoon trade, with healthcare stocks adding 2% to lead gains as …