Business

Thaksin advises public to hold cash amid global volatility

  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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Business

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,

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Business

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

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Business

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

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Business

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

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Business

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

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Business

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

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