31.2 C
Wednesday, December 7, 2022

25 Centara Hotels to Close for One Month, Cut Staff Pay

BANGKOK — Starting Wednesday, 25 hotels belonging to one of the country’s largest hotel chains will be closed for a month as a result of impacts from coronavirus.

Thailand’s New 10-Year Visas Meet Mixed Reactions

BANGKOK — Expats have expressed enthusiasm about the approval of a plan to issue 10-year visas but worry they may be of benefit to few as more details about how they would work have came to light Thursday.
A bank employee stands near screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in July in Seoul, South Korea. Photo: Lee Jin-man / Associated Press

Asian Stock Markets Rise After Wall Street Gain

BEIJING — Asian stock markets edged higher Wednesday after Wall Street gained on strength in technology and retailing   Keeping Score Tokyo's Nikkei 225 rose 0.4 percent...

Reality Invaders: Hype or Hope? VR Tech Reaches Thailand

After decades of false promise, Virtual Reality is here, with consumer-level (if still pricey) products that provide a convincing experience of transporting users to another place.

At a Popular Shrine, New Year Prayers Echo Politics, Money Anxieties

BANGKOK — Many Thais spent the last hours of 2019 flocking to the much revered City Pillar Shrine where they pray for a better life next year – even as they express dire outlook for politics and money matters in the year 2020.

Disowning Lawmakers’ Proposal, Govt Says No VAT Increase in 2018

BANGKOK — The rubber stamp parliament’s proposal for a VAT increase next year was shot down by the government on Saturday.
Junta chief Prayuth Chan-ocha shares a laugh with his deputy Prawit Wongsuwan in an undated file photo.

Cabinet Reshuffle Pinned on Junta Economic Fails

BANGKOK — When deputy junta chairman Prawit Wongsuwan was asked by reporters Wednesday if he believed the rumors his job is on the line, he had only one response.

Modest Minimum Wage Hike Approved, 1st Since 2013

BANGKOK — The national minimum wage was increased by the military government Wednesday for the first time in nearly five years.
Asian Stocks Fall After IMF Downgrades Economic Outlook

Asian Stocks Fall After IMF Downgrades Economic Outlook

SINGAPORE — Asian markets are mostly lower after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade.   Keeping Score Japan's...

Consumers Confidence 'Lowest In 19 Months'

(8 November) Thai economy continues to take the toll from the ongoing political crisis, according to a number of experts, with data showing that consumers confidence has hit the bottom in the past year and half.



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