Trucks stop along Vibhavadi Rangsit Road near the Energy Ministry on Tuesday as part of a renewed protest urging action over high fuel prices. Lorry drivers yesterday gathered outside the Energy Ministry on Vibhavadi Rangsit Road to stage a "Truck Power Final Season" protest. He also said the LTFT will consider raising transport fees by 15-20% to reflect the increase in diesel prices to 30 baht per litre. The government agreed to cap the diesel price at 30 baht from November last year to March this year using the Oil Fund to implement a price subsidy. Mr Withoon said his group had no plans to pressure the energy minister into resigning, but they want the minister to help ease their plight as a result of rising fuel costs.

February 09, 2022 04:47 UTC

Commuters wait to board a train at Khu Khot station on the Green Line in Pathum Thani province on Tuesday. Apichit JinakulPrime Minister Prayut Chan-o-cha on Tuesday insisted that the proposed extension of the Green Line railway concession must be finalised at the next cabinet meeting. He was speaking during Tuesday's cabinet meeting to discuss the 30-year extension and maximum fare of 65 baht, according to a source at the meeting. Interior Minister Anupong Paojinda said that he had received four queries in writing from the Transport Ministry on Monday, but believed they were issues that had already been dealt with. The Green Line is owned by the Bangkok Metropolitan Administration (BMA), and the concessionaire is the Bangkok Mass Transit System Plc (BTSC).

February 09, 2022 04:45 UTC

AssetWise has unveiled seven new projects for 2022 under a “Wind of Chance” strategy that includes expansion beyond real estate. The five condos and two housing projects have a total value of 12.4 billion baht and revenue recognition of 6 billion baht. The company expects them to help drive sales revenue above 10 billion baht this year. Meanwhile AssetWise plans to partner with eldercare leader Bangkok Healthcare Service (BHS) to open a rehabilitation centre offering health assessments, treatment, and rehabilitation. By the end of 2021, the company had developed 38 projects worth more than 38 billion baht.

February 08, 2022 09:16 UTC

Saudi crown prince to visit 'this year'Mohammad: Restoring Thai relationsThe Crown Prince of Saudi Arabia, His Royal Highness Mohammad bin Salman bin Abdulaziz, will visit Thailand once the government finishes the roadmap to restarting bilateral cooperation between the two kingdoms, Foreign Affairs Minister Don Pramudwinai said on Monday. The roadmap will prioritise cooperation in certain areas, in particular energy and labour, Mr Don said. Once the roadmap is drawn up, the Saudi crown prince will pay Thailand a visit, Mr Don said, adding the visit is likely to take place later in the year. During the visit, he will sign a framework agreement on the implementation of bilateral cooperation in various sectors, Mr Don said, adding the visit will set the tone for the future relationship between Thailand and Saudi Arabia. After Gen Prayut met the Saudi crown prince in Riyadh, he urged government officials in both Thailand and Saudi Arabia to move quickly to turn words into action.

February 08, 2022 08:19 UTC

Mr Nate was reportedly the first person to vie for the NACC seat after the Secretariat of the Senate published a vacancy announcement Jan 31. The Office of the Secretariat of the Senate acts as an administrative office for the NACC selection committee. In his petition, Mr Watchra cited a number of cases to show why Mr Nate's application should not be considered. The first involved Mr Nate's decision not to challenge Panthongtae "Oak" Shinawatra's acquittal on money laundering charges. Mr Watchara said Mr Nate also faces a disciplinary probe over his role in the hit-and-run case involving Red Bull scion Vorayuth "Boss" Yoovidhya.

February 08, 2022 03:09 UTC





Prices expected to remain highCustomers fork out hard earned money buying ever more costly goods in Muang district, Nakhon Ratchasima. (Photo: Prasit Tangprasert)A survey of company CEOs found that the price of goods was expected to remain high for at least three more months because of the high cost of production and fuel, the Federation of Thai Industries announced on Monday. They blamed high prices on the shortage of raw materials and rising costs of production and fuel. "High prices will continue for at least three months or possibly until the end of this year if energy prices remain high," he said. He said the CEOs expected inflation to run at 2-4% this year.

February 07, 2022 18:23 UTC

Govt plans travel bubble talks with China to boost tourismFILE PHOTO: Chinese tourists wearing protective suits arrive at Suvarnabhumi Airport during the first day of Thailand's reopening campaign, Nov 1, 2021. (Reuters)The government plans to hold travel bubble talks with China and Malaysia this month, days after resuming a quarantine-free visa programme to boost tourist arrivals seen as key to sustaining a nascent economic recovery. Officials are also preparing to hold talks with neighbouring Malaysia later this month for a similar agreement, he said. Chinese tourists have shunned the country since the Covid outbreak with Beijing imposing curbs on outbound travel. Under the travel bubble, tourists will not be subjected to quarantine, and can enjoy special visa and accommodation arrangements, Mr Thanakorn said.

February 07, 2022 17:30 UTC

There are a lot of unsolved mysteries about cryptocurrencies, from the identity of the investors to how to calculate the value of digital assets, whether we should calculate according to the exchange or trading time? March is approaching, as many have to declare their taxes.

February 07, 2022 08:10 UTC

Public must be ready to 'live with Covid'Opas: No needfor lockdownsThe Public Health Ministry is preparing to propose a relaxation of measures to the Centre for Covid-19 Situation Administration (CCSA) this week, to encourage people to live with the coronavirus as opposed to imposing lockdowns during outbreaks. Dr Opas Karnkawinpong, director-general of the ministry's Department of Disease Control (DDC), would not go into detail about the measures to be eased. "The global situation of Covid-19 seems to be moving in the same direction. Given the situation in Thailand, the number of new daily cases is still considered safe, he said. "We need to get people to understand that the number of daily new cases is nothing to worry about," he said.

February 07, 2022 07:53 UTC

During 2022-2024, digital transformation investment is expected to reach US$6.3 trillion, up from $5.4 trillion during 2020-2023. "We are entering digital transformation 2.0 where we can use technology to apply a digital transformation by ourselves. "Companies of all sizes must move towards digital transformation to survive and stay competitive in this digital world," he said. Three key approachesABeam Consulting Thailand, which focuses on digital transformation support, unveiled three areas that support a successful shift. "The right digital transformation delivers value to businesses," said Ichiro Hara, managing director of ABeam Consulting Thailand.

February 07, 2022 06:41 UTC

Poon said the baht is likely to move according to the market’s investment and may strengthen to the key support level of 32.80 to 32.90 if the market is in a risk-on state. However, Poon said the baht will not go past the support level until basic factors in the country have recovered. Moreover, foreign investors are waiting to sell the currency after it strengthens, while exporters are selling at the key resistance level of 33.20 to 33.30. Meanwhile, the dollar may strengthen if the currency market is heavily volatile. The market is worried that the US Federal Reserve will raise the interest rate too much if the inflation numbers are higher than expected.

February 07, 2022 04:48 UTC

Prime Minister Prayut Chan-o-cha talks to reporters at Government House on Friday. After repeatedly stressing he intends to see out his tenure, Prime Minister Prayut Chan-o-cha changed his tone when asked by reporters late last week about a possible early election. Citing Gen Prawit, Gen Prayut insisted last week the breakaway faction, which would join the Setthakij Thai Party (Thai Economic Party), will support the coalition government. Cracks in their relations are hard to mend, especially from political situations where Gen Prayut made decisions without listening to Gen Prawit, including the removal of Capt Thamanat and others close to Gen Prawit from their positions. The critical moment for the government is in July when the opposition is expected to launch a no-confidence debate against the government and Gen Prayut.

February 07, 2022 03:03 UTC

Seyed Reza NobakhtiIran is known to be a major exporter of oil to Thailand, despite the economic sanctions imposed on it by the West. "Right now, Iran's nanotechnology is ranked fourth in the world -- behind the US, China and India -- and biotechnology is ranked twelfth. Beyond the health sector, Iran is seeking Thailand's cooperation in combatting drug trafficking. He said the US sanctions have discouraged Thai officials from engaging with their Iranian counterparts, calling the sanctions "unilateral, not universal". "We cannot force foreign officials to do business with Iran, but we believe that the sanctions will end some day.

February 07, 2022 01:59 UTC

A Canadian man whose bullet-ridden body was found early yesterday at a resort in Phuket was wanted by the authorities in India, says Pol Lt Gen Amphon Buarabporn, chief of Provincial Police Region 8. He said the man came to Thailand in 2016 and was in Phuket on Jan 27. The man was found lying face-down behind a red MG hatchback with Phuket licence plates. Police believe the man had died at least six hours before his body was discovered. A number of illegal products were found inside a villa rented to the victim, police said.

February 06, 2022 06:00 UTC

In city near border, Ukrainians protest Russian threatOne of he demonstrators at Saturday's protest in Ukraine's second city KharkivKHARKIV (UKRAINE) - A Ukrainian flag wrapped around her shoulders, pensioner Iryna Gayeva had a simple message as she demonstrated in second city Kharkiv on Saturday, just 40 kilometres from the Russian border. Russiaseized the Crimea peninsula in 2014 and began fuelling a separatist conflict in eastern Ukraine. And now, those demonstrating insisted that Russian forces would not be welcome in Kharkiv as pro-Ukrainian patriotism has rocketed. - 'Constant threat' -Behind a large banner reading "Kharkiv is Ukraine", the demonstrators marched between the city's two main squares in sub-zero temperatures. But after years "living under constant threat of invasion", she insists resident in Kharkiv have steeled themselves for anything.

February 06, 2022 01:53 UTC