City Bangkok Financial News

14.01 / 10:57
markets FIVE Digital Airlines Strategy Experts PAM None of diverted flights to Singapore were from India, says Changi Airport
Singapore where 12 flights were diverted to regional airports due to intense monsoon since Friday, the airport operator said on Tuesday. «The flights, operated by various airlines, were from destinations such as Bangkok, Jakarta, Phuket and Shanghai,» the Changi Airport Group told PTI.
13.01 / 20:19
Racing economy Sustainability Boxing Bill country reports Thailand's Cabinet approves a draft bill to legalize casinos to boost tourism and economy
Thailand’s Cabinet approved a draft bill legalizing casinos with the aim of boosting tourism and a sluggish economy Some forms of gambling, such as betting on boxing and horse racing, are allowed but casinos remain illegal in the Southeast Asian country
13.01 / 20:19
markets UPS Manufacturing Strategy Tesla electronic reports Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market
Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn
09.01 / 09:45
markets Provident Platform Fighting Trade reports medicines USTR warns of risks from online pharmacies in its 'notorious markets' report
An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are being run illegally
08.01 / 04:21
UPS security economy Trade President reports US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia
06.01 / 08:51
UPS Provident Target security country Department Beijing-based cyber group protests US sanctions for its alleged role in hacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure
02.01 / 02:41
UPS Gap Food wellness show cover India’s household consumption survey doesn’t feed public policy all that well
Subscribe to enjoy similar stories. India’s government recently released the findings of its 2023-24 survey of household consumption expenditure and expressed satisfaction at the seeming narrowing of spending gaps in society at large and between rural and urban populations. Such changes would, of course, be desirable.
01.01 / 00:03
Progressive economy community Trade inclusion peace Asean’s second renaissance is now
Subscribe to enjoy similar stories. Next year heralds a pivotal chapter for the Association of Southeast Asian Nations (Asean), with Malaysia assuming the chair. In a world increasingly divided into competing blocs, Malaysia is advancing the Asean Community Vision 2045, a strategic long-term plan that aims to guide the region’s growth and prosperity over the next two decades.
29.12 / 15:29
Provident Aviat Boeing President show Investigations Plane crashes while landing in South Korea, killing 179 people
A passenger plane skidded off a runway at a South Korean airport Sunday, slammed into a concrete fence and burst into flames after its front landing gear apparently failed to deploy. All but two of the 181 people on board died in one of the country’s worst aviation disasters.
29.12 / 01:41
show social reports evacuation Investigations International fencing 28 casualties reported after plane catches fire at Muan airport, rescue work underway
Muan International Airport in South Korea on Sunday has left 28 people dead, according to reports from Yonhap news agency. The Jeju Air flight, carrying around 180 people, was returning from Bangkok when its landing gear malfunctioned, leading to a catastrophic accident.
27.12 / 00:55
UPS Dreams show social reports Department Videos Chinese automaker BYD slams reports of poor conditions at a factory site in Brazil
A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing” China and Chinese brands
23.12 / 19:51
markets Provident Citizens wellness social International Repressed supply heightens demand
Air India flight last Friday saw a 'record' intake of in-flight alcohol by passengers from the 'dry state', it is this: repressed supply heightens demand. While the value of liquor sold has not been shared by Air India, the fact was that enthusiasm for purchasing 50 ml miniature bottles of a whisky brand for ₹600 and 330 ml of a beer brand for ₹300 was undoubtedly higher than in usual international flights that couldn't be simply explained by Christmas cheer. That Gujarat has a thriving black market for alcohol is well known. While the loss of tax revenue has been estimated to be over ₹16k cr (about $2 bn), the real worm in the bottle has been the hazard posed for many in the form of illicit liquor. By dint of being contraband, no quality control applies to these non-branded concoctions. So, the virtue-signalling in 'dry states' like Gujarat and Bihar is actually viceful. The 'hooch tragedy' claiming 136 lives in Ahmedabad in 2009 still hangs as a warning — not for the dangers of drinking but of prohibition. At a wider level, a 'mai-baap' state treating its citizens as children creates a split-personality citizenry that is moral and amoral at the same time. Whether it be consumption of alcohol or pornography, or gambling, 'sins' have a human tendency of finding dark avenues when prohibited. Instead of 'Gandhian virtue-signalling', efforts should be made to provide safe alcoholic beverages for those who choose to partake in such an adult leisure. To club everyone who imbibes in drink to be a menace — socially or morally, or both — is a recipe for the kind of exaggerated behaviour witnessed on the way to Bangkok.
18.12 / 04:29
markets Volkswagen Trade reports Nissan, Honda confirm talks on closer collaboration but say there's been no decision on a merger
Japanese automakers Nissan Motor Corp. and Honda Motor Co. have confirmed that they are discussing closer collaboration but denied reports they have decided on a merger
17.12 / 04:55
markets UPS CEO Nikkei Trade Stock market today: Asian shares are mixed after Nasdaq sets a record ahead of Fed meeting
Shares are mixed in Asia after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year
16.12 / 14:33
Provident awards WhatsApp country Department International Destinations Delhi airport now provides connectivity to 150 destinations
Delhi airport operator DIAL on Monday said the airport now provides connectivity to 150 destinations. On Sunday, Thai AirAsia X launched direct flights between Delhi and Bangkok-Don Mueang (DMK), marking the 150th destination connected to Delhi airport, according to a release. Delhi International Airport Ltd (DIAL) also said it has become the first airport in the country to connect 150 destinations. «Of all the long-haul destinations from India, 88 per cent of destinations are connected from Delhi and 56 per cent of all long-haul weekly flights departing from India, operate from Delhi.
16.12 / 07:23
markets Target economy Enterprise performer reports Updates China's economy logs a lackluster performance in November as retail sales slow
China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from spending on non-essentials like cosmetics, alcohol and jewelry
13.12 / 13:35
UPS Target MET economy pandemic trump tariffs China signals it's prepared to double down on support for the economy as Trump tariffs loom
Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policy

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