Monday, May 20, 2024

Asean News

Govt brushes off central banks call for review of digital wallet scheme

Bank of Thailand advises downsizing the digital wallet scheme for financially fragile people. Government dismisses concerns. Central bank warns of fiscal burdens, credit rating...

TAT claims Maha Songkran World Water Festival is a great success

The Maha Songkran World Water Festival 2024, organized by TAT, attracted over 780,000 visitors and injected 2.8 billion baht into the economy, with positive...

Transport minister promises 20 baht fares on all electric trains by September next year

Transport Minister plans to cap maximum electric train fare at 20 baht in Bangkok by September next year to encourage people to use public...

As foreign investors exit bond market Thai government faces fund raising challenge

Thai government faces higher borrowing costs as foreign investors sell government bonds, causing capital outflows. Weak baht, US rate differences, and competition with private...

Tourists Unfazed by Air Pollution in Chiang Mai Hotels 70% Booked

Chiang Mai hotels are 70% booked by foreign tourists despite PM2.5 pollution. Revenue during Songkran festival expected to reach 1.2 billion baht. Officials address...

Diesel price increase 50 satang per litre Saturday

Fuel Fund raises diesel price by 50 satang to 30.44 baht/litre, with subsidy increase to 4.77 baht/litre. Global price fluctuations cited as reason, aiming...

Cabinet approves Bt400 minimum wage for hotel employees in selected areas

The Cabinet approved an increase in minimum wage to 400 baht/day for employees of 4-star hotels in 10 tourist provinces, effective April 13. Some...

Positive outlook for Thai tourism after mutual visa exemption with China came intoforce

Thailand and China's visa exemption agreement is one month old, with positive outlooks and increased tourism interest. The agreement aims to boost trade and...

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