FORMER prime minister Thaksin Shinawatra said via an online channel named Care Clubhouse on Tuesday (June 21) that it is advisable to hold onto cash and delay investment in high-risk assets such as stocks and cryptocurrencies amid the current global volatility, Sanook.com said. He pointed to the war between Russia and Ukraine as causing
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Tax waived for foreign actors filming in Thailand
IN AN effort to attract international filmmakers the Cabinet today (June 21) approved tax exemption for foreign actors shooting on location here for five years, Thansettakij newspaper said. Ms. Ratchada Thanadirek, a deputy spokesperson at the Prime Minister’s Office, said this measure was approved by the Cabinet to attract investment in filmmaking in Thailand,
Read moreCrypto weekend meltdown: Bitcoin price touches $17k, Ethereum below $900
By Anna Golubova, Kitco News THE crypto space faced another sharp selloff during the weekend as Bitcoin plunged below $18,000 and Ethereum dropped below $900. The overall crypto market cap plummeted to $847 billion, down nearly 10% on the day. Bitcoin touched $17,677, the lowest level since November 2020, and Ethereum fell to a low
Read moreBaht 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
Read moreBitcoin 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
Read morePratunam market lively again as tourists flock in
AFTER suffering during the height of the Covid-19 pandemic Pratunam market has now bounced back as crowds of both Thai and foreign tourists swarm in, INN News said today (May 3). With the relaxation of Covid control measures since the beginning of May, sales at both Pratunam’s department stores such as Krung Thong Plaza
Read moreIndian 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
Read morePattaya 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
Read moreGen. 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
Read moreCambodia 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
Read moreEntertainment 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
Read moreNightlife 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
Read moreRevival of Full Moon Party attracts thousands of tourists
TOURISTS from many countries are now flocking to Koh Phangan island for the revival of the world famous Full Moon Party on Monday May 16 made possible by the dip in the daily Covid cases with a lot of enquiries having been made for accommodation and car rental online with some planning to cross over
Read moreMusk says he would reverse Twitter’s ban of Donald Trump
By AP and published by CTVnews.ca London – Elon Musk said he will reverse Twitter’s permanent ban of former US President Donald Trump should the Tesla CEO conclude his deal to acquire the social media company for US$44 billion. Musk, speaking virtually at a Future of the Car summit hosted by the Financial Times, said
Read moreTHAI 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
Read moreMinister: 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
Read moreSuvarnabhumi 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
Read moreThailand 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
Read moreSongkhla 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
Read moreBig rush to Yaowarat gold shops after price skyrockets
THERE were long queues at all gold shops in Yaowarat today (Mar. 9) with people waiting patiently to buy and sell gold ornaments and bars after the price climbed by 900 baht overnight, Naewna newspaper said. Today’s buying price of gold bars is 31,900 baht per baht weight and selling price 32,000 baht while
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