City Bangkok Financial News

The Thailand securities regulator has greenlit asset management firms to introduce private funds tailored to invest in Spot Bitcoin ETFs. However, access to these funds will be restricted to institutional investors and individuals with ultra high net-worth.

BANGKOK (Reuters) — Thailand will ban the recreational use of marijuana by the end of this year, but continue allowing its use for medical purposes, the health minister told Reuters in an interview.

IndiGo will now operate 37 weekly flights between India and Bangkok, solidifying its presence in the region. Vinay Malhotra, Head of Global Sales at IndiGo, said, “We are pleased to commence direct flights between Hyderabad and Bangkok.

China, that shares decades old defence partnership with Ukraine, has sought to downplay its military links with Russia, close on the heels of a high level meeting with the USA. At a meeting last weekend in Munich China's foreign minister Wang Yi told his Ukrainian counterpart Dmytro Kuleba that Beijing does not sell lethal weapons to Russia for its war against Ukraine. Wang told Kuleba that China 'does not take any advantage of the situation and does not sell lethal weapons to conflict areas or parties to the conflict,' according to a Chinese foreign ministry readout.

China's central bank has cut its five-year loan prime rate while leaving its one-year rate unchanged

European shares opened lower after a mixed session in Asia as Chinese markets reopened from a long Lunar New Year holiday

Thaksin Shinawatra was released on parole early Sunday from a Bangkok hospital where he spent six months serving time for corruption-related offenses. Thaksin was seen wearing a neck support inside one of the cars in a convoy leaving the Police General Hospital just before sunrise, and he arrived at his residence in western Bangkok less than an hour later. A homemade banner with the words «Welcome home» and «We've been waiting for this day for so so long» was seen hanging at the front gate of his house.

By Napat Wesshasartar and Panarat Thepgumpanat

Shares in Asia are higher, with Japan's benchmark Nikkei 225 index approaching a record high

Manipur University of Culture (MUC), Imphal and Phranakhon Rajabhat University (PRU), Thailand with the key objective to boost relations between the two varsities. The historic deal was inked at the Samantanet Conference Hall of PRU in Bangkok, sources said. Among other points, the two varsities, in the MoU, agreed to co-create duel degrees or joint degrees or another programme, exchange academic staff and students, knowledge and education technology and cultural programmes .

Two years after Thailand made pot legal, the country appears set to crack down on its freewheeling drug market with a ban on “recreational” use

The White Lotus" Season 3 will have South Korean girl group 'Blackpink' singer and rapper Lisa in a prominent role, as per a Variety report. In the upcoming third season of the popular HBO series, Lisa will be credited under her birth name, Lalisa Manobal. Like all castings for this season, details about her role are being kept confidential for now.

National Testing Agency (NTA) has announced that 23 candidates have achieved a perfect score of 100 in the JEE-Main engineering entrance exam. The majority of these high scorers hail from Telangana. A total of 11.70 lakh candidates appeared for this crucial exam. Out of the 100 NTA scorers, seven are from Telangana, two from Haryana, three each from Andhra Pradesh, Rajasthan, and Maharashtra, two from Delhi, and one each from Gujarat, Karnataka, and Tamil Nadu. The NTA officials clarified that the NTA score is not the same as the percentage of marks obtained but represents normalised scores. A senior official explained, «NTA scores are normalised scores across multi-session papers and are based on the relative performance of all those who appeared for the examination in one session. The marks obtained are converted into a scale ranging from 100 to 0 for each session of examinees.»

National Testing Agency (NTA) has released the final answer keys and announced the results of the Joint Entrance Examination (JEE) Mains 2024 session 1 exams on Monday. The Paper 1 exams were held on 27, 29, 30,31 January and 1 February, while the Paper 2 exam was held on 24 January. Among the candidates who scored 100 NTA scores, seven are from Telangana, two from Haryana, three each from Andhra Pradesh, Rajasthan and Maharashtra, two from Delhi and one each from Gujarat, Karnataka and Tamil Nadu.

Thai Airways plane.“Global Affairs Canada is aware of the arrest of a Canadian citizen in Thailand.

Lufthansa flight LH773 from Bangkok to Munich. Reports indicate that the man coughed up blood during the flight. According to a report by the Independent, the flight scheduled to depart Bangkok for Munich at 11:40 pm on Thursday, February 8, had to return to the airport after approximately 90 minutes in the air due to the passenger's condition.

A Nasdaq-listed Chinese technology company that makes parts for self-driving vehicles has threatened to sue the U.S. government after it was included in a list of companies the Pentagon says have links to the Chinese military

BANGKOK (Reuters) — Thailand's Prime Minister Srettha Thavisin said on Friday he will continue to urge the central bank to cut interest rates.

Shares have risen in China after Beijing ousted its top stock market regulator and announced more funding for hard-strapped property developers

BANGKOK (Reuters) — Thailand's economy is in a state of recession owing to a high level of household debt, a deputy finance minister said on Monday, reiterating the need for stimulus to jumpstart the economy.

BANGKOK (Reuters) — Chinese Foreign Minister Wang Yi had «candid, substantive and fruitful strategic communication» with U.S. National Security Advisor Jake Sullivan, aimed at furthering a pledge of dialogue by their leaders, China's foreign ministry said on Saturday.