City Bangkok Financial News

Shares are mostly lower in Europe and Asia even after the U.S. Congress averted a U.S. government shutdown

Bengaluru police has reported that a man, identified as Swapnil Holey, had attempted to open the emergency exit door mid-air on a Bengaluru-bound IndiGo flight from Nagpur on 30 September. He was later arrested based on the complaint filed by the airline staff.

Shares are higher in Europe after a mixed day of sparse trading in Asia, where many markets were closed for public holidays

BANGKOK (Reuters) — Thailand's cabinet on Tuesday approved 500 billion baht ($13.76 billion) worth of investment from state-owned companies, government spokesperson Chai Watcharong said.

BANGKOK (Reuters) — Thai exports unexpectedly rose for the first time in 11 months in August, helped by higher shipments of agricultural and industrial goods, despite weak global demand, the commerce ministry said on Tuesday.

Top Thai officials have welcomed hundreds of Chinese tourists at Bangkok’s international airport on the first day of a new visa-free entry program that officials say will boost tourism

Thailand's Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla, Google and Microsoft. «Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centres,» he said, without detailing whether the $5 billion was expected to be a combined investment or made individually by each company.

BANGKOK (Reuters) — Thailand's central bank is monitoring the weak baht, which is not entirely bad for the economy and could help the key export and tourism sectors, the prime minister said in remarks aired on Thursday, as the baht hit multi-month lows.

BANGKOK (Reuters) — Thailand's new government plans to borrow about 2.4 trillion baht ($66.4 billion) for the fiscal year 2024 starting Oct. 1, up about 9% from the current year, according to market sources briefed by the finance ministry.

Thailand’s Revenue Department is planning to impose personal income tax on the foreign revenues, including those made from crypto trading, of any person who resides in Thailand for more than 180 days. 

By Devjyot Ghoshal and Stefanno Sulaiman

ICG) ship Samudra Prahari, a specialised pollution control vessel, is currently on an overseas deployment to ASEAN countries, officials said on Sunday. The deployment is from September 11 to October 4, according to an official statement. This deployment is part of India's ASEAN initiatives for marine pollution response, showcasing the pollution response capabilities of the ICG and its commitment to addressing marine pollution issues and enhancing capacity in the region, the statement said. The ship is equipped with a Chetak helicopter in pollution response configuration, enhancing its capabilities in the area.

visa interviews in India, the US consulate in Frankfurt has set aside specific interview appointments for Indian applicants. According to the State Department's website, the wait times for B1/B2 visa interview appointments in India have reached staggering durations, with 441 days in Hyderabad, 486 days in Chennai, 526 days in Delhi, 571 days in Mumbai, and 607 days in Kolkata. In stark contrast, the wait time in Frankfurt is a mere three days. To alleviate the backlog and cater to the increasing demand, Indians were granted the option to apply for visas at US consulates outside India, such as in Bangkok. Over the past year, various measures have been implemented to reduce the extensive waiting period, which had peaked at nearly three years last winter. Despite these efforts, applicants have encountered issues with a new scheduling portal for non-immigrant visa interviews in India. A US embassy official has told TOI that attempts are being made to resolve these issues «as quickly as possible». During recent discussions between the US embassy and Indian authorities, three key issues were addressed: visa wait times, technical problems with the scheduling portal, and concerns related to student visas.

Thailand’s new government has approved a measure granting temporary visa-free entry to Chinese tourists, signaling that the recovery of the country’s tourism industry is a top economic priority

In a coordinated cross-border operation, Thai authorities have arrested four Chinese nationals and one Lao citizen suspected of orchestrating a massive 2.7 billion baht ($76 million) crypto scam, Bangkok Post reported.

Thailand’s new Prime Minister Srettha Thavisin has vowed to act quickly to relieve the country’s economic problems in his inaugural speech to Parliament

Xinyu Wen traveled to Thailand in June, planning a two-week vacation around Bangkok’s Pride parade

Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors.

Airport, airport sources told news agency PTI on 11 September. Kochi-Bengaluru flight left for Bengaluru late Sunday night and suffered a technical problem soon after take off at 11.15 pm. As per the report, a full emergency was declared at the airport after the flight returned to Kochi due to a suspected hydraulic failure.

An official says that one of Myanmar’s biggest and most powerful ethnic minority militias has arrested and repatriated more than 1,200 Chinese nationals allegedly involved in criminal online scam operations

By Chayut Setboonsarng and Panarat Thepgumpanat