Chinese Automaker to Buy GM’s Thailand Plant in Rayong
SHIJIAZHUANG (Xinhua) — China's leading sport utility vehicles (SUV) and pickup maker Great Wall Motors on Monday said it will purchase General Motors' Rayong car production facility in Thailand.
Thai Rice Export Expected to Drop This Year
BANGKOK (Xinhua) — The Thai Ministry of Commerce on Wednesday said it expects Thailand to only export 7.5 million tons of rice this year, a drop below the target of 10 million tons for the second straight year.
Popular Night Market Loses Chinese Tourists, Avoided by Thais
BANGKOK — One of Bangkok’s most popular night markets is not only struggling with disappearance of Chinese tourists, but also the perception among some Thais that it is a place to avoid amid coronavirus fears.
No Tourists, No Buyers: Pratunam Vendors Hit Hard by Coronavirus Phobia
BANGKOK — Business owners and vendors at the once-bustling Pratunam Market say they are bearing the brunt of a massive drop in tourism amid the coronavirus epidemic.
Bank of Thailand Approves Use of Facial Recognition in Banks
BANGKOK (Xinhua) — The Thai central bank on Thursday announced that it has given the green light for six commercial banks to offer facial recognition using the electronic Know Your Customer (e-KYC) technology to verify the identity of new customers when opening online deposit accounts.
Beset by Tourism Woes, Bank of Thailand Slashes Policy Rate
BANGKOK (Xinhua) — The Bank of Thailand (BoT) on Wednesday slashed its policy rate by 25 basis points to a fresh record low of 1 percent in the year 2020's first meeting.
Following Criticism, Cabinet Puts Price Control on Face Masks
BANGKOK — The government on Tuesday placed face masks and hand sanitizers on the price control list in response to complaints of retailers profiteering from the ongoing coronavirus outbreak.
No Law Stops Shops, Hotels From Discriminating Against Chinese
BANGKOK — As fears of coronavirus spread across Thailand, which saw 14 confirmed cases of infection so far, a number of tourist establishments are closing their doors to Chinese tourists. And that’s perfectly legal.
Coronavirus: Gov’t Rejects Proposal to Suspend Chinese Tourist Visas
BANGKOK — The government on Friday declined to take up a request by the Ministry of Public Health to stop issuing visas...
Gov’t Says Strong Baht Hurting Cross Border Trade
BANGKOK (Xinhua) — A senior official from the Thai Ministry of Commerce on Tuesday told reporters that he is worried that the continuing strong Thai baht currency will again affect Thailand's border trade with Cambodia, Laos and Myanmar.
