business
- Business News
Labour union angry over changes to Thai Airways staff contracts under rehab plan
Union representatives are questioning changes made to the employment terms of Thai Airways staff as part of the national carrier’s debt-restructuring plan. The labour union claims the changes have removed or diluted several staff entitlements and welfare benefits, pointing the finger at acting president, Chansin Treenuchagron, who signed the orders. The union is calling on the Department of Labour Protection…
- Northern Thailand News
Officials tracking down foreigners with fake IDs opening up illegal businesses in Chiang Rai
Thai news site TNA is reporting that the Department of Special Investigation is investigating 255 foreigners who are allegedly in possession of fake Thai IDs in the Wiang Kaen district of Chiang Rai. The report also claims that they were operating illegal businesses. One of the suspects is Chinese but carried a Thai ID saying that he was a Thai…
- Business News
Consumer groups sue Trade Competition Commission for approving CP-Tesco merger
Thailand’s Trade Competition Commission has been served with a lawsuit courtesy of the Foundation for Consumers and 37 other consumer groups, as a result of a merger between the conglomerate Charoen Pokphand Group and Lotus (formerly Tesco Lotus). “The Charoen Pokphand Group is a Thai conglomerate based in Bangkok. It is Thailand’s largest private company and one of the world’s…
- Business News
Slow return of foreign tourism makes more redundancies inevitable – Airlines Association of Thailand
The president of the Airlines Association of Thailand says further layoffs in the sector are inevitable, due to the slow return of international tourism. In a Bangkok Post report, Puttipong Prasarttong-Osoth says the sluggish revival of foreign tourism, now not expected until the last quarter of the year, means all carriers continue to face financial hardship. And while there was…
- Central Thailand News
Airline executive arrested for failure to pay wages of 150 workers
An airline executive has been arrested in the central province of Samut Songkhram, after complaints from150 employees that they had not been paid. Chawengsak Noiprasan, who had a court warrant issued against him in October, was taken to Don Muang police station from a property in the Bang Khan Take sub-district. He is a board member of Siam Air Transport.…
- Business News
Domestic air passenger numbers double those of January
Passenger numbers on domestic flights within Thailand have doubled within a month, rising from 4,000 in January to over 10,000 this month. Having nearly recovered to pre-pandemic levels, domestic travel plummeted once more when Covid-19 resurfaced late last year. Apirat Chaiwongnoi from the Department of Airports says 15 of Thailand’s 29 airports are now operating domestic flights, with more expected…
- Thailand News
Thai police officers crippled by accumulated 270 billion baht debt
Thailand’s police officers have amassed a total of 270 billion baht in debts. The staggering accumulated debt trap of the country’s individual police officers was revealed yesterday by the national police chief Suwat Jangyodsuk. During Covid there has been fewer hours and overtime for duty policeman. And in the popular tourist areas there have been fewer tourists to ‘police’ and…
- Covid-19 News
Re-openings and easing of restrictions in Chon Buri, effective Monday, February 1
Re-open for business, sort of. Chon Buri province’s PR department has released its latest list of orders which will come into force on Monday. It follows the CCSA changing the Chon Buri provinces Red Zone classification into an Orange Zone. More about the latest provincial zones and restrictions HERE. The hard-hit bar and entertainment scene in Pattaya will be breathing…
- Thailand News
Thailand News Today | Survey shows a third of tourism businesses are broke or shut down | January 25
For those who need to extend their tourist visa, the Thai Immigration Bureau is asking that applicants make an appointment online to reserve their spot. The bureau says the online appointments will help with preventing the spread of Covid-19 by reducing overcrowding and making sure people abide by social distancing practices. And you thought it was about increasing efficiency. Applicants…
- Thailand News
Government is to allow people to use “legal” parts of cannabis in business
With intentions to promote cannabis as the country’s potential new cash crop, the government is preparing guideline to allow people to produce, sell or own cannabis and hemp. The permitted businesses, including textile, pharmaceutical, and cosmetics will be able to register to receive FDA permissions from January 29. According to the FDA secretary-general, leaves, stalks, stems, roots, flowers, and seeds…
- Thailand News
Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19
Confusion reigns today over if Covid-19 tests will be required for visa extensions. While Phuket News spoke with an immigration official who said “no… you don’t need a Covid-19 test to extend your visa or apply for a work permit”, Khaosod English wrote an article headlined “Covid-19 test will be mandatory for all visa extension”. The Thaiger also contacted a…
- Business News
Future of Thai department stores is being redefined
While department stores have been a familiar destination for Thai people for many decades, CBRE, an international property consultant, is witnessing a decline in popularity and stunted growth, particularly in 2020 when Covid-19 adversely impacted the sector. CBRE believes that to adapt to e-commerce disruption and the changing consumer behaviour, department stores in 2021 (and beyond) will have to fine-tune…
- Covid-19 News
US jobs market stumbles back into decline
The labour market for the world’s largest economy is heading back into reverse mode after slowly chugging back into gear over the past 8 months, following the March stock crash and initial impacts of the US state lockdown measures.. The December report was the first drop since April figures, providing the strongest evidence of the impact of the huge number…
- Business News
Thai Air Asia says new Covid outbreak has destroyed business
The executive chairman of Asia Aviation, the largest shareholder in Thai Air Asia, says the Covid-19 resurgence has “destroyed the low-cost carrier”. Tassapon Bijleveld says that, even without a national lockdown, bookings have plummeted. “Travel sentiment has plunged lower than last year. This is different this time because people are voluntarily skipping their travel plans even without a nationwide lockdown…
- Economy News
Thai government plans to amend business, immigration rules, for foreign investors
Foreign investors in Thailand have long decried the onerous, complex, and sometimes downright baffling, bureaucracy that comes with doing business in the Land of Smiles. And it appears officials in Bangkok are finally sitting up and taking notice. Nation Thailand reports that, in an effort to stimulate the ailing economy, the government plans to make some changes to the regulations…
- World News
Air Asia to focus on ASEAN expansion, as CEO expresses cautious optimism for 2021
Air Asia’s chief executive, Tony Fernandes, says the low-cost carrier is planning to expand its presence in Southeast Asia and is in talks to form 3 new airlines. He points out that people still want to travel, and that demand makes him hopeful air travel could be back to its pre-Covid numbers within 6 – 12 months. “At the right…
- Tourism News
Bangkok is the best leisure city in the Asia Pacific – Business Traveller Asia-Pacific
Despite few travellers actually being able to visit Thailand’s capital, including ‘business travellers, readers of Business Traveller Asia-Pacific have again named Bangkok the ‘Best Leisure City in the Asia-Pacific’. The Big Mango retains the top ranking on the list for the 5th consecutive year. Bangkok also got third place in the ranking of the Best Business city in the Asia.…
- Business News
Suvarnabhumi expansion being reviewed in line with “new normal” expectations
The 44 billion baht northern expansion of Bangkok’s Suvarnabhumi airport is being revised, to meet “new normal” requirements, according to Airports of Thailand. AOT president, Nitinai Sirismatthakarn, says the process will take 1 or 2 months to complete. Nation Thailand reports that the airport’s new northern terminal will have the capacity to handle 30 million passengers a year, with Nitinai…
- Pattaya News
Pandemic has washed away Pattaya’s “soapy” massage parlours
While the Covid pandemic has hit Thailand’s businesses hard, it has also washed away its not-so-legal soapy massage parlours after tourism has dried up its clientele. Such places, known as glorified brothels, have left many masseuses out of work as boards have barricaded the once booming establishments. Soapy Massage (àap-òp-nûat, อาบอบนวด, literally bath, steam, massage)… These are the bigger massage parlours where…
- Thailand News
US grocers cut ties with Thai coconut milk company after PETA reveals monkey labour
Grocery stores throughout the United States are cutting ties with the Thai coconut milk company Chaokoh and other Thailand coconut product suppliers following an investigation by People for the Ethical Treatment of Animals (PETA) into the monkey labour at Thailand coconut farms. PETA Asia claims the Thai macaques are “snatched from the wild” and treated like “coconut picking machines.” Recently,…
- World News
Burger King Indonesia urges diners to share the love – by ordering at McDonald’s
The fast food chain Burger King has come in for online praise (and no doubt, some helpful PR) after suggesting its customers in Indonesia should order from other struggling businesses, including rival burger joint, McDonalds. Burger King Indonesia is believed to have followed the example of its UK counterpart, who posted the same suggestion, in a tweet that has since…
- Business News
Second Thai airline hit by Covid fallout as Nok Air to prepare rehab plan
The Central Bankruptcy Court has approved Nok Air’s petition to begin a rehabilitation process, as the low-cost airline struggles with losses incurred due to the Covid-19 economic fallout. The Bangkok Post reports that Nok Air has debts of up to 26 billion baht, with 23 billion baht in assets. In the first half of 2020, it reported revenue of 3.4…
- Business News
Thai Airways to launch one-off flight over sacred Buddhist sites
Thai Airways has announced a special flight on November 30 that will give passengers the opportunity to chant Buddhist mantras while flying over 99 sacred sites in the Kingdom. Wiwat Piyawiroj, executive vice-president at the struggling national carrier, says passengers will fly over Bangkok and 31 provinces, taking in 99 holy sites, over which they will be able to chant…
- South Thailand News
Government to consider rescue packages for tourism businesses in South
The government will hold a mobile Cabinet meeting in Phuket today to consider potential rescue packages for tourism-related businesses that have been ravaged by the closure of international borders. The proposals, which include soft loans for airlines and other businesses, come after PM Prayut Chan-o-cha met with Phuket business representatives and local officials yesterday. The Bangkok Post reports that the…
- Covid-19 News
England heads back into lockdown for a month
England is being sent back inside, a return to a national lockdown after a troublesome surge of Covid-19 cases. Yesterday another 21,915 people were registered as new cases, and 326 died across the UK. Since the start of the pandemic in the UK there have been 1,011,660 cases and 46,555 deaths, a statistical death rate of 4.5%. The BritishPM Boris…
- Thailand News
Thai woman dressed as a zombie sells dead people’s clothes – VIDEO
A zombie saleswoman is selling dead people’s clothes online. 32 year old Kanittha Thongnak sells clothes of the deceased on a Facebook live stream while dressed as “the living dead”. She gives a story behind every pieces of clothing, explaining how each person died. Perhaps it would be a real business kill in most countries, but not in Thailand where…
- World News
Up to 5,900 jobs to go as Hong Kong carrier Cathay Dragon shuts down
Hong Kong airline Cathay Pacific is set to close its subsidiary, Cathay Dragon, with the loss of up to 5,900 jobs. The carrier, that used to be called Dragon Air before being absorbed by Cathay, has become yet another casualty of the Covid-19 pandemic that has decimated the aviation business. The Bangkok Post reports that 5,300 jobs are expected to…
- Business News
Foreign investors and businesspeople seek clarity about the current “situation” in Thailand
With Thailand battling to come up with a safe and sustainable manner of re-opening its borders, and the footage of the street protests reaching out to a world audience, foreign investors are saying they need more details of what they can or cannot do in Thailand under the new State of Emergency. The Thai Chamber of Commerce is calling for…
- Business News
Thai Airways seeks to conserve finances by offering unpaid leave, early retirement
Thailand’s long-suffering national carrier is trying to conserve what cash it has by offering staff early retirement or unpaid leave. Thai Airways says it’s seeking to reduce its workforce in an attempt to stretch its finances to April 2021. According to a Bangkok Post report, acting president Chansin Treenuchagron says 80% of the airline’s employees have agreed to salary cuts…
- World News
UPDATE: Covid-19 visitor entry around the region
Around the region there are many countries starting to re-open their borders to allow some business or diplomatic visitors, even tourists, to enter their national borders. The situation is changing frequently and we’d urge you to contact the national embassies in your countries before making any concrete arrangements or paying money for airfares or accommodation before you clarify the situation,…
