Business

(30 October) Thailand’s cheap sugar is facing threat from sugar smuggle as it holds the cheapest retail price in the South East Asian region.

(28 October) The Chinese tourist authority has asked the Thai government to hasten the process that would allow Chinese tourists to visit Thailand without visa, said Minister of Tourism and Sports Somsak Pureesrisak.

(25 October) House and property price in Bangkok will rise by 10-15% in 2014 due to rising costs in construction and pressures caused by numerous building projects, according to a director of a well-known property firm.

(14 October) The Ministry of Tourism and Sports says the number of Chinese tourists visiting Thailand has increased by 98% compared with last year.

(14 October) Thailand is enjoying a boom in regional aviation industry according to the reports compiled by the national airport authority and Nok Air, a low-cost airliner.

(12 October) Thais might witness the first snowfall in the capital city as the billionaire Charoen Siriwattanapakdee, the owner of Chang Beer, announced a plan to build an artificial snow town in his mega project ‘Asiatique’.

(10 October) The Office of the National Economic and Social Development Board (NESDB) has reported a positive outlook for the Thai economy despite ongoing flood crisis and US Government Shutdown.

(9 October) The National Broadcasting and Telecommunications Commission (NBTC) has announced digital TV signals rates amidst the ongoing controversy over digital TV spectrum auction between Channel 7 and one of its former bosses.

(8 October) Kasikorn Research Centre expects a THB 8.1 billion cash flow during Vegetarian Festival in Phuket province alone.The province has long been known as the epicentre of the vegetarian festival, which is also known as ‘Je festival’, celebration.

(6 October) As many Thai-Chinese start their celebration of the Vegetarian Festival (กินเจ or Je as the Thais call it), the Ministry of Commerce steps in to fight the price hike of vegetables across the country.