Thailand Financial News

China and India will be granted visa-free entry to Malaysia for a duration of up to 30 days from December 1, as announced by Prime Minister Anwar Ibrahim during a speech at the People's Justice Party congress on Sunday. The visa exemptions, confirmed by Malaysia's Home Affairs Ministry in a statement on Monday, will be in effect until December 31, 2024. As reported by PTI, China and India represent Malaysia's fourth and fifth-largest tourist markets.

Israel and the Palestinian militant group Hamas, the Red Cross and other authorities said. In a repeat of scenes over the past six days during a humanitarian pause in hostilities, the civilians were released to the International Committee of the Red Cross (ICRC) and driven in vehicles to Israel. Two Russian citizens and four Thai citizens were released outside the framework of the agreement while the 10 Israeli citizens freed included five dual citizens, Ansari said. They were a Dutch dual citizen, who is also a minor, three German dual citizens and one U.S.

Binance is reportedly facing challenges in Thailand ahead of its plans to launch a new crypto platform with billionaire Sarath Ratanavadi’s Gulf Energy.

Arnold Dix. The international tunnelling expert hit headlines, as he led a successful rescue mission to save 41 workers who were trapped inside Uttarkashi's Silkyara tunnel since November 12. In a video shared by the news agency ANI, the Australian tunnelling expert is seen offering prayers at Baba Bokhnaag Mandir, a local temple. The clip has since gone viral on X, gaining 204K views and 8.8K likes. Many netizens gushed over this gesture. One X user lauded him for submitting to the divine forces. “Sign of a great and humble person. When you understand there are forces beyond your control and you seek their blessings for success,” he wrote. Another poster was all praise for Aussies. “Gotta give it to Australians. It was two Australians Richard Harris and Craig Challen who played an important role in saving Thailand football Kids too. Casual excellence from Australians in every walk of life. Like Cricket,” they wrote. In an interview with the agency, Dix thanked his team for being the epitome of unconditional support and said that as a parent, he was relieved that he could unite so many parents (referring to the trapped workers) to their children before Christmas. He also praised Indian engineers, and described them as “the best.” “It's been my honour to serve, and as a parent, it's been my honour to help out all the parents getting their children home. Remember in the beginning I said, 41 people home, and no one gets hurt by Christmas. Christmas is coming early… We were calm, and we knew exactly what we wanted. We worked as a wonderful team. India has the best engineers… It was just a joy to be part of this successful mission,” he told the news agency.

Zipmex has put forward a new proposal to repay creditors, initially offering 3.35 cents for each dollar of their claims as part of its restructuring efforts, according to Bloomberg.

Embattled Thai crypto exchange Zipmex is offering its creditor 3.35 cents per dollar of initial claims with further payouts in a recovery scenario. The proposal came as a part of the restructuring offer from a company that owes its customers $97 million. 

airline said in a statement. The Lufthansa flight no LH772 landed at Delhi's Indira Gandhi International (IGI) airport at 10:26 am on Wednesday after the pilots contacted the ATC informing them about a "situation and possible unruly passenger" A couple reportedly got involved in an argument onboard the flight. Sources told news agency PTI that an argument between a couple -- a German man and his Thai wife -- led to some problems on board the Lufthansa flight following which it sought permission to land at IGI and this was allowed.

Malaysia's government says more than 120 suspected victims of job scams have been rescued after being stranded by fighting in northern Myanmar between the military and armed ethnic groups

Israel released more hostages and prisoners under terms of a fragile cease-fire that held for a fifth day Tuesday as international mediators in Qatar worked to extend the truce and the United States urged Israel to better protect Palestinian civilians in Gaza if it follows through on its promise to resume the war. In the latest swap since the cease-fire began Friday, Israel said 10 of its citizens and two Thai nationals were freed by Hamas and had been returned to Israel.

Thomas Cook India and its subsidiary SOTC are seeing at least 20% growth in bookings for October-December 2023, from a year ago for these destinations, with their customers favouring either no-visa destinations or those offering easy terms or those granting visas on arrival. Thailand is already seeing 30% growth for the upcoming holiday season over November 2022 and January 2023. It waived visa requirements for Indians, allowing 30 days stay from 10 November to 10 May.

Former Governor of China’s central bank PBOC is all optimistic about the country’s central bank digital currency (CBDC) nearing completion.

Crypto exchange Zipmex Thailand has announced the immediate suspension of digital asset trading until early next year. 

The extravagant affair saw guests dressed to the nines, exchanging vows, and revelling in the luxurious surroundings of the airborne celebration. A video of the unique wedding experience quickly made its rounds on various online platforms, sparking a mix of admiration and bewilderment. Notably, Indian entrepreneur and film producer Ronnie Screwvala took to social media to express his bemusement.

By Jamie McGeever

Gaza Strip, reports said on November 26. Out of the four foreign hostages who have been released, three were identified as Thai nationals and one was identified as Russian. Their names were yet to be disclosed as an official statement was awaited.

WASHINGTON (Reuters) -White House National Security Adviser Jake Sullivan said there was «reason to believe» a U.S. hostage would be released from captivity in Gaza on Sunday.

SIS) said in a statement on Sunday that Egypt has received lists of 13 Israelis and 39 Palestinians scheduled for release on Sunday. This will be the third batch in the four-day truce deal brokered by Egypt and Qatar. "The truce is proceeding without roadblocks," the SIS was quoted by Reuters as saying in a statement.

Thailand, and Sri Lanka, now Malaysia has declared that they will scrap entry visa requirements for citizens of India visiting the nation beginning 1 December, according to Prime Minister Anwar Ibrahim. The move comes as the nation looks to boost its tourism industry and Indians and Chinese form the largest chunk of tourists all over the world.

Think-tank GTRI on Sunday suggested that the government study the bilateral free trade agreement with Singapore and as part of the Asean bloc together while reviewing its trade pact with the 10-nation grouping.Singapore is a member of 10-nation Asean bloc with which India has a free trade agreement in goods since 2010. Separately, India also implemented a comprehensive free trade agreement (FTA) with Singapore in 2005.The Global Trade Research Initiative (GTRI) also suggested a similar exercise with Thailand, another member of Association of Southeast Asian Nations (Asean). India signed a limited free trade pact with Thailand in 2006.

According to the Palestinian health ministry, six Palestinians, including one minor, were shot dead by Israeli forces in the occupied West Bank late Saturday and early Sunday.

HAMAS murdered and kidnapped 1,400 people on October 7th it triggered the biggest Middle East crisis in a decade and a brutal war in Gaza. On November 24th a small number of the roughly 240 captives tasted freedom again amid a four-day truce in the fighting. Israeli officials confirmed that 13 Israeli hostages had been handed over to the Red Cross; the authorities in Qatar said another 11 captives, ten holding Thai passports and one from the Philippines, were being released.