First airplane food cafe, now Thai Airways opens fried dough stand Since not much is happening in the air, Thai Airways is running new business schemes on the ground. For their newest venture, the company opened a deep fried dough street food stand. They say the fried dough with taro custard is an “award winning”…
Struggling airlines to get reprieve through small loans, extension to fuel tax cut Airlines in Thailand are being offered a financial lifeline, as the Government Savings Bank announces soft loans for carriers left struggling as a result of the current Covid-19 ‘disruption’. Nation Thailand reports that the GSB is offering the loans over a 60…
Department of Trade Negotiations pushes ahead utilisation of RCEP privileges As the 15 Regional Comprehensive Economic Partnership (RCEP) members are preparing to sign an agreement this November in Vietnam, the Department of Trade Negotiations is explaining how to make the most of RCEP and deal advantageously with its impacts in terms of competition among farmers,…
Nokia builds on 5G for enterprise use Thailand is well into its first phase of 5G development, focusing on using the technology for enterprise solutions in Bangkok and the Eastern Economic Corridor (EEC). The country will still need time before consumers adopt the technology en masse because of the high price of 5G-compatible smartphones, said…
Thai automakers applaud landmark ASEAN accord to ease test rules Recertification by importers to be axed, reducing risk of non-tariff barriers BANGKOK — Thailand’s automobile industry has welcomed a landmark accord by the Association of Southeast Asian Nations that skirts testing regulations imposed by some importing nations, a move seen to benefit the largest automaking…
TBMA: Policy rate static throughout 2020 The Bank of Thailand’s Monetary Policy Committee (MPC) is not expected to ease the policy rate for the remainder of this year as more government stimulus measures reduce the likelihood of further rate cuts, says the Thai Bond Market Association (TBMA). The Policy Interest Rate Expectation Index for September…
Bangkok airport security staff file lawsuit over pay cuts “They saw us as security guards and looked down on us since we had little education, they thought they could trick us into signing those papers.” Some security staff at Bangkok’s Suvarnabhumi Airport say they were tricked into pay cuts claiming they were told to sign new…
Evidence of Thai Airways’ corruption, mismanagement, sent to Finance Ministry The Finance Ministry has received 18 documents that show evidence of corruption and mismanagement at Thai Airways. The evidence was submitted by a Transport Ministry panel on corruption, pending a full investigation into “shady dealings” at the battered national carrier. The airline is currently undergoing…
Thailand planning land and rail passageway, bypassing congested Strait of Malacca Thailand hopes to shorten shipping time by bypassing the busy Strait of Malacca with a 100 kilometre highway and railway passageway. Discussions are underway to construct 2 deep seaports on both sides of the country’s southern coast, which would be linked via rail and…
Philippines Reignite Trade Dispute With Thailand The Philippines has asked the World Trade Organization (WTO) dispute settlement body (DSB) to suspend the country’s concessions to Thailand for products such as motor vehicles exported to Manila. Thailand has continued to avoid compliance with the WTO ruling that it must align its unfair tax treatment on Philippine…