Business

PM: Only specific areas to be initially opened to limited number of tourists

PRIME Minister Prayut Chan-o-cha said today (Oct. 7) that agencies concerned are discussing the reopening of the country to tourism but where Phuket is concerned this could only start after the vegetarian festival ends on October 25 but the whole island would not be opened to them, Thai Rath newspaper reported. Foreign tourists coming in

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Business

Arkhom appointed new finance minister

THE Royal Gazette today (Oct. 5) announced His Majesty the King’s royal command appointing Arkhom Termpittayapaisith the new finance minister. This appointment by His Majesty the King, with the royal command dated October 1, 2020, was made by virtue of Section 158 of the Constitution. Arkhom, born on July 25, 1956, is a Thai civil

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Business

Anger over Thai hotel’s ‘appropriation of Cambodian culture’

CAMBODIAN social media was awash with criticism of a Thai hotel that built buildings resembling Angkor Wat and other Cambodian landmarks accusing the owners of “cultural appropriation,” Thai Rath newspaper reported today (Oct. 4, 2020). Quoting Khmer Times newspaper, the mass-circulation Thai daily said that many Cambodians had expressed their displeasure at the hotel on

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Business

PM guarantees fiscal position remains strong with no payroll crisis looming

PRIME Minister Prayut Chan-o-cha today (Sept. 23) debunked rumours falsely claiming the government is facing such a severe budget problem that civil service payroll could be affected underscoring that the country’s financial position remains strong, Siam Rath newspaper reported. Pointing out that he had already previously clarified this issue, the Prime Minister said relevant agencies

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Business

Party ‘wants Supattanapong to be new finance minister’

WITH THE vital finance minister position now vacant after Predee Daochai’s sudden resignation a few days ago, sources in Palang Pracharath Party say there is an attempt to push forward Deputy Prime Minister and Energy Minister Supattanapong Panmeechaow for this key position because no one else suitable could be found, Siam Rath newspaper reported today

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Business Local news

52 former franchisees sue McDonald’s for racial discrimination

By CNBC MORE than 50 former McDonald’s franchisees are suing the fast-food giant for racial discrimination, alleging it denied them the same opportunities as White operators and pushed them out of the system. The 52 Black plaintiffs claim that McDonald’s violated federal anti-discrimination law and breached their contracts. They operated over 200 restaurants and exited

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Business

Big fruit harvest in the South – most of it going overseas

By Thai Newsroom Reporters FOUR TROPICAL FRUITS of southern Thailand – durian, mangosteen, rambutan and longkong – are being harvested for sales and largely destined for export. According to the Department of Agricultural Economics’ deputy secretary-general Anchana Tracho, a peak volume of durian fruit is getting ripe for harvest between this month and next in

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Business

India-Japan-Australia supply chain in the works to counter China

By Business Standard JAPAN, India and Australia are seeking to build stronger supply chains to counter China’s dominance as trade and geopolitical tensions escalate across the region, according to people in Tokyo and New Delhi with knowledge of the matter. The three nations are discussing building a “supply chain resilience initiative,” according to the people,

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