- Business News
Turning up the Thai-mometer: Thailand and Russia in heated talks for free trade pact
Thailand is turning up the heat on trade negotiations with Russia, as both nations look to seal a dynamic free trade agreement with the Eurasian Economic Union (EAEU). Recent high-stakes discussions at the Commerce Ministry between Thailand’s Commerce Minister, Pichai Naripthaphan, and Russian Deputy Minister of Agriculture, Sergey Levin, underscored a shared ambition to boost trade and investment. The spotlight…
- Pattaya News
Hot ink, cool runs: Pattaya set for tattoo parades, bikini escapades
Anticipation is bubbling over in Pattaya as the city prepares to host not one, but two sensational events that promise to turn up the heat this weekend: the Pattaya International Tattoo Festival and the eagerly awaited Pattaya International Bikini Beach Race 2024. Kicking off the festivities, Central Marina is poised to become the epicentre of creativity with the tattoo festival…
- Thailand News
Land of opportunity: Thailand lays ground for 99-year ‘lease’ of a lifetime
In a bold move to bolster foreign investment, Thailand is set to revolutionise its land lease policies by extending terms to an impressive 99 years. This game-changing proposal was unveiled by Deputy Prime Minister and Finance Minister Pichai Chunhavajira at the glitzy CEO Econmas Awards 2024, marking a monumental shift for international investors eyeing long-term opportunities in the Land of…
- Business News
Thailand shifts gears to keep diesel costs cruising under control
In a bold move to soothe the sting at the forecourts, the Oil Fuel Fund Office (OFFO) unveiled its plan to keep Thailand’s diesel prices under a breezy 33 baht per litre, even though the current subsidy scheme is revving to a halt. This decision steers from an unexpected upturn in OFFO’s finances, courtesy of plummeting global oil prices. Fiscal…
- Thailand News
Karon police ‘taxi’ the bull by the horns: No more illegal rides
Karon police have hit back at online accusations claiming they’ve been lax in tackling illegal taxi operations. In a bold announcement, they revealed that a whopping 208 illegal taxis have been stopped and seized since the start of July. In a statement released earlier yesterday, October 31, Karon Police reassured the public that their officers have been conducting checkpoints at…
- Thailand News
Thailand’s BRICS dreams: Up in the air but not grounded yet
Thailand’s bid for membership in the influential BRICS international organisation remains up in the air, according to the Ministry of Foreign Affairs (MFA). The Government of Thailand is currently weighing the economic implications of joining this powerful bloc, with a decision pending in the House. BRICS, which boasts heavyweights like Brazil, Russia, India, China, South Africa, the UAE, Iran, Egypt,…
- Thailand News
Thailand’s cultural treasures shine bright: No.8 in global rankings
Thailand has secured a top spot in cultural heritage, ranking eighth out of 89 countries, according to a recent US News & World report. This prestigious ranking catapults Thailand into the elite league of culturally rich nations, celebrated for its vibrant traditions and historical significance. The American media powerhouse determined the rankings based on five crucial attributes: cultural accessibility, rich…