AS Suvarnabhumi Airport’s cargo facilities have hit a bottleneck, with a backlog of imported goods and raw materials having led to some factories slowing down or halting production lines, while businesses are forced to shoulder rising costs, the government today (Nov. 10) told Airports of Thailand Plc (AOT) to coordinate with Thai Airways International
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Around 13.5 million Thais likely to holiday overseas in 2026
WHILE Thais continue to greatly enjoy travelling abroad the pace may be less robust in 2026 due to economic slowdown and rising travel costs with Kasikorn Research Centre projecting that approximately 13.45 million Thais will holiday overseas in 2026, a 3% growth year-on-year, PPTVHD36 said today (Nov. 7). However this 3% jump is in
Read moreThai tourism faces an uphill battle as Vietnam grabs bigger market share
THAI tourism is facing a major challenge with the total number of international visitors likely to reach 34 million in 2027 while hopes of reaching the 40-million mark remains a distant prospect as Vietnam has started capturing a larger share of the market, PPTVHD36 said today (Nov. 3). The Thai Chamber of Commerce estimates
Read moreThai exporters urged to adjust in face of Vietnam-UAE pact
THAI exporters were urged to adjust their strategies as Vietnam is gaining ground with a comprehensive economic partnership agreement with the United Arab Emirates (UAE) that impacts export of agricultural goods and electronics and computer components, Naewna newspaper said this morning (Nov. 2). The Thai Trade Centre in Ho Chi Minh City, under the
Read moreHackers allegedly from North Korea steal US$6.3 billion from Binance in world’s biggest crypto heist
By Reuters and published by CNA HACKERS stole US$6.3 billion from Binance, the world’s biggest cryptocurrency exchange, in a record theft that analysts blamed on North Korea and said could be the largest financial heist of all time. Cryptocurrency prices fell on the news, while Binance halted withdrawals and said it would use company
Read moreCrypto platform Binance confirms major hack, more than US$2.5 billion frozen
By AFP and published by CNA NEW YORK: Cryptocurrency platform Binance said on Thursday (Oct. 29) that it had fallen victim to a major hack and indicated that more than US$2.5 billion in funds had been frozen in an effort to prevent a massive theft. The company – the world’s largest crypto exchange by
Read moreSRT sues 8 Airport Rail Link parties to clear big debt
THE State Railway of Thailand (SRT) has filed a lawsuit against eight parties including the private concessionaire and other relevant entities seeking 13.335 billion baht including default interest in relation to the Airport Rail Link concession while confirming that this legal action will not disrupt the train service, PPTVHD36 said today (Oct. 23). In
Read more1,000-baht departure tax put off as tourism looks promising
DEPUTY Prime Minister/Finance Minister Ekniti Nitithanprapas said today (Oct. 22) it is inappropriate to introduce a 1,000-baht departure tax at this juncture as last week’s 2026 IMF-World Bank annual meetings had helped enhance the country’s image and showed a clear interest from many nations in returning to Thailand, PPTVHD36 said. Moreover, feedback from Apec
Read moreThai stock market stands to benefit from Indonesia’s woes
A SIGNIFICANT development that could shake the stock market has occurred with MSCI having announced that it is seeking feedback on a proposal to reclassify the Indonesian stock market from an “Emerging Market” to a “Standalone Market” and it appears the Thai bourse could benefit from this action, PPTVHD36 said this evening (Oct. 19)
Read moreThai, Finnish ministers highlight economic survival amid global fragmentation
THAI Deputy Prime Minister/Finance Minister Ekniti Nitithanprapas and Finnish counterpart Riikka Purra focused on navigating risks and seizing opportunities during a discussion entitled “Building Resilience in a Fragmented World” at the 2026 IMF-World Bank annual meetings today (Oct. 13), PPTVHD36 said. Ekniti noted that the impact of global fragmentation is transmitted through three primary
Read moreThai household debt my ease to 84% of GDP by yearend
KASIKORN Research Centre projects that the debt-to-GDP ratio may slide to 84.0% by the end of 2026, down from 86.8% in 2025, but this does not signify a resolution to the debt problem, as the slow pace of debt growth partly reflects constraints on new borrowing rather than an improvement in financial standing, Naewna newspaper
Read moreEkniti set to discuss key issues with IMF-World Bank leaders
DEPUTY Prime Minister-cum-Finance Minister Ekniti Nitithanprapas will be joining four economic discussion forums and around 30 bilateral meetings with economic leaders and representatives from international financial institutions during the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank which Thailand is hosting and runs from Tuesday Oct. 13 to Saturday
Read moreMinister backs 450-baht tourist entry fee
DEPUTY Prime Minister-cum-Commerce Minister Supajee Suthumpun, who oversees the Ministry of Tourism and Sports, said today (Oct. 9) that she supports introducing a 450-baht tourist entry fee with funds usage guidelines to be worked out before the proposal is submitted to the cabinet for approval, Amarin TV said. The National Tourism Policy Committee has
Read moreWho needs winter coats when it’s still hot? Climate change is upending the fashion industry
By Reuters and published by CNA PARIS: Longer, hotter summers are disrupting fashion’s seasonal calendar, forcing luxury brands to adapt designs and threatening sales of higher-margin winter clothing. The industry’s traditional cycle has long depended on consumers buying autumn and winter clothing as temperatures cool. But warmer autumns are delaying demand for coats and
Read moreFlood crisis in Chanthaburi as 20,000 rai of durian trees have died
WHILE the flooding has eased in Chanthaburi around 4,000 fruit farmers are in deep distress as stagnant floodwaters led to durian trees grown on over 20,000 rai of orchards having died, Amarin TV said this evening (Oct. 4). The farmers said floodwaters caused extensive damage with durian trees in particular affected by deprivation of
Read more1.64 million SMEs at risk from floods as liquidity concerns mount
THE FLOOD crisis is not over just because floodwaters have receded as around 1.64 million small and medium enterprises (SMEs) face major challenges regarding capital and employment, raising the risk of liquidity crunches – or even business closures, Amarin TV said today (Oct. 2). Mr. Saengchai Teerakulvanich, chairman of the Strategy Committee of Federation
Read moreKasikorn Research Centre sets flood-induced economic damage at 7–17 billion baht
KASIKORN Research Centre’s analysis estimates that the economic impact of floods arising from continuous rainfall from Friday to Sunday (Sep. 25-27) is approximately 7–17 billion baht while risks associated with natural disasters and extreme weather, which are becoming increasingly frequent and severe, pose a significant structural challenge to the Thai economy, Naewna newspaper said
Read moreThailand’s cities can be the engine of high-income future
THAILAND can accelerate its transition to a high-income nation by unlocking the full economic potential of its secondary cities, according to a new World Bank report titled “Thailand Cities of the Future: Urban Foundations for a High-Income Economy.” The report notes that Thailand’s economic growth is primarily driven by urban areas; approximately 89% of
Read moreMars officially opens Pringles factory in Chonburi, launches second line
MARS, Incorporated has officially opened its Pringles factory in Chonburi and launched the second production line after an investment of over 7 billion baht turning Thailand into its strategic production and export hub catering to the Asia-Pacific, Middle East, and Africa (AMEA) regions, PPTVHD36 said today (Sep. 22). The Chonburi factory, which is located
Read moreChaos at Mai Sai border as Myanmar temporarily bans frozen foods, other products
MYANMAR’S temporary ban on import of frozen foods and various other products from Thai border town Mae Sai across to Tachileik triggered chaos today (Sep. 21) with small traders stuck on and nearby the First Mae Sai-Tachileik Bridge, Amarin TV said. Myanmar authorities cited a lack of standard inspections and unpaid Myanmar taxes as
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