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Thursday, May 2, 2024

Authorities Are Asked to Check for Chinese Retail Investors

A group of Thai importers who import products from China have petitioned the government agency to investigate Samanea Plaza, fearing it could hamper Thai...
gold price

Thailand’s Gold Price Continues to Rise; Counterfeiting Concerns

 BANGKOK - The gold price in Thailand reached a new all-time high three times in a single day on 21 March 2024. This confirms...
Prime Minister Gen. Prayuth Chan-ocha, left, and Deputy Prime Minister Pridiyathorn Devakula in 2014.

Deputy PM Defends Cash Payouts To Farmers

BANGKOK — Thailand's deputy Prime Minister is pushing back against accusations that the government's one-time cash handout to farmers across the country resembles the "populist" policies pursued by the deposed government.

20 Years on, Scars from Asian Financial Meltdown Remain

BANGKOK — It's been 20 years since a financial meltdown spread through much of Asia, wrecking economies and bringing down governments.

Yellowshirt Leader Sondhi Jailed 20 Years for Fraud

BANGKOK — Years of legal maneuvering ended with one-time Yellowshirt leader Sondhi Limthongkul sent directly to prison Tuesday morning after the Supreme Court ruled he must serve his sentence without it being suspended.
Gerald Margolis, center left, branch manager of Philip Morris in Thailand, talks to reporters at Criminal Court in Bangkok, Thailand, Friday, Nov. 29, 2019. The court has found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines, and ordered the company to pay a fine of 1.2 billion baht ($39.7 million). Photo: AP

Court Fines Philip Morris $39.7 Million for Tax Evasion

BANGKOK (AP) — A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
A foreign tourist gets her temperature checked by military police officers at Ao Manao in Prachuap Khiri Khan province on March 19, 2020.

Gov’t Says Private Hospitals Can’t Charge COVID-19 Treatment

BANGKOK — The government on Saturday banned private hospitals from charging coronavirus patients for their treatments.

There Goes Another One: ‘NYX Cosmetics’ to Exit Thailand

BANGKOK — An LA-based cosmetics company known for their lip creams and eye palettes will close all of their stores at the end of November, the company announced Sunday.

CP Group Buying Tesco’s Thai, Malaysian Stores

BANGKOK (AP) — British supermarket chain Tesco has agreed to a $10.6 billion deal to sell all its stores in Thailand and Malaysia to companies belonging to the CP Group, Thailand’s biggest conglomerate.

TAT Expects 'Fertility Tourism' To Lure Vietnamese Couples

(24 February) The Tourism Authority of Thailand has unveiled a plan to convince Vietnamese couples with fertility issues to seek medical operations in Thailand in 2015.

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