global
- Thailand News
Thailand climbs the global ranks: 28th best country in the world
Thailand secured its spot as one of the world’s best places to live, work, and explore, leaping up one place to 28th in the US News & World Report’s 2024 Best Countries in the World ranking. This comes as the country continues to shine globally for its rich heritage, booming industries, and irresistible tourism appeal. The list, compiled in collaboration…
- Business News
Central Pattana reveals global expansion strategies at key event
Central Pattana (CPN) has showcased its strategies for business expansion on a global platform. The Head of Business Development Strategy at CPN, Kunayudh Dej-udon, presented at a session titled, A Playbook to Scale Up Beyond Borders. “Our core strength in developing physical space goes beyond merely developing new projects in prime locations. We consistently meet the needs of people and…
- Business News
Thailand opens first semiconductor R&D centre
King Mongkut’s Institute of Technology Ladkrabang (KMITL) has inaugurated Thailand’s first comprehensive semiconductor technology research and development centre, setting the stage for the nation’s enhanced role in the global supply chain. The KMITL Academy of Innovative Semiconductor Manufacturing (KAISEM) will function as a central laboratory, uniting experts from diverse fields to collaborate on semiconductor research, innovation, and electronic manufacturing processes.…
- Thailand News
Ancient Thai cat gets purr-fectly official international recognition
The ancient Thai Suphalak cat has been officially recognised as an international breed by the World Cat Federation (WCF). The announcement, which has delighted cat lovers around the world, was shared on the WCF Thailand by ARC Facebook page. The recognition was granted during the WCF General Assembly 2024 in Germany, following a proposal by the Trade Association of Registered…
- Business News
Thai banks brace for rising credit risk amid global uncertainties
Large local banks foresee their corporate clients grappling with significant challenges in the second half of the year due to global uncertainties and concerns over a potential US recession. Banks aim to manage asset quality to mitigate rising credit risk among certain customer segments. The Chief Executive of Siam Commercial Bank (SCB), Kris Chantanotoke, highlighted that some corporate customers will…
- Thailand News
Global investments start Southern Land Bridge project in 2026
The Southern Land Bridge megaproject is set to move forward, with companies from China, the United Arab Emirates, and the United States expressing interest in investing, according to the Office of Transport and Traffic Policy Planning (OTP). OTP Director-General Panya Chupanich stated that if everything proceeds as planned, construction will commence in 2026 and conclude in 2030. The Land Bridge…
- Business News
Facebook aims to engage young adults, increase creator income
Meta’s Facebook has intensified its focus on engaging young adults, aiming to connect with the next generation of social consumers and boost creators’ earnings. The company’s ambition is to lead in recommendation technology globally by 2026. Industry experts view this strategy as a method to maintain Facebook’s dominance in the social media realm, especially by capturing the attention of younger…
- Thailand News
Global cyber outage grounds flights and halts news broadcasts
CrowdStrike, the cybersecurity giant serving a number of global industries, suffered a significant outage this morning, causing disruptions across the globe. This unforeseen technical glitch halted news broadcasts and grounded flights, creating chaos for travellers and media outlets alike. There were no reports of any Thai airports affected. The Federal Aviation Administration (FAA) in the United States reported that three…
- Business News
Boeing acquires Spirit AeroSystems in US$4.7bn all-stock deal
Boeing announced the acquisition of its troubled supplier, Spirit AeroSystems, in an all-stock deal valued at US$4.7 billion, following extensive negotiations. This move comes as Boeing seeks to address significant safety and regulatory challenges affecting both companies. The total value of the transaction, including Spirit’s last reported net debt, is approximately US$8.3 billion. According to Boeing, each share of Spirit…
- Business News
Global bond funds attract 88 billion baht, yield 0.50% return
Global bond funds have seen significant popularity over the past 18 months, drawing investments totalling 88 billion baht and yielding an average return of 0.50% for the year to date, according to Morningstar Research (Thailand). Morningstar stated that global bond funds are capable of producing positive average returns this year, although these returns are modest in comparison to the US…
- Technology News
Do you need a university degree to get an IT job in Thailand?
Are you contemplating launching your career in Information Technology in Thailand? The tech sector in Thailand presents a variety of opportunities, albeit securing your desired position may necessitate more than just your technological competence. In various global spheres, experience in conjunction with certifications may suffice as your passport to employment in IT. However, the job market in Thailand may perhaps…
- Business News
Vietnam prioritises economic growth despite global challenges
Vietnam will focus on bolstering economic growth despite ongoing challenges from weak global demand, announced Deputy Prime Minister Le Minh Khai. Addressing the National Assembly during its summer session, Khai noted that while gross domestic product (GDP) growth has improved, significant hurdles remain. Industrial activity is recovering, albeit at a slow pace. Vietnam, now a manufacturing hub benefiting from shifting…
- Business News
Predicted surge in global gold prices to US$2,500 per ounce
Global gold prices are set to touch US$2,500 per ounce in the latter half of this year, as per predictions by local gold traders, despite a recent slump below US$2,300. The market has scaled down its expectations for US interest rate cuts this year to a maximum of two times, a reduction from the previously anticipated three to four times.…
- Thailand News
Tiny salmon bento box stirs big waves online, priced at 35 baht
Social media recently buzzed with a viral photo of a bento box from Japan, showcasing a minuscule piece of salmon on a bed of rice, reminiscent of a single bite of sushi. Capturing the attention of online communities worldwide, this image from a Japanese supermarket, priced at 150 yen (approximately 35 baht), sparked a wave of comments and shares across…
- Guides
The effects of El Nino and La Nina
As one ventures into the complex realm of climate phenomena, it becomes evident that the significant influence of El Niño and La Niña on global weather patterns cannot be understated. Originating from the Pacific Ocean, these climatic events have extensive implications that affect regions worldwide, Comprehending their impact is essential for forecasting weather alterations and preparing for resultant outcomes. El…
- Business News
Durian exports to undergo regulatory revamp in Thailand
Thailand’s durian exports are set for a regulatory overhaul to ensure quality and competitiveness on the global stage, according to government spokesperson Chai Wacharonke. As the leading global durian exporter, Thailand’s move towards stricter quality control aims to bolster its market position. The export of durians has become a significant revenue source for the country, with earnings reaching 120 billion…
- Business News
AWS plans to democratise generative AI as global fight heats up
Amazon Web Services (AWS), Amazon’s cloud computing division, unveiled its plans to make technology and generative artificial intelligence (AI) readily available. This initiative comes as the global generative AI sector becomes increasingly competitive. Jaime Valles, AWS Vice President of the commercial sector for Asia-Pacific and Japan, highlighted the transformative influence of cloud computing in granting global access to technology and…
- Thailand News
Government and military suffer nearly 2,000 cyber attacks weekly
Thailand is grappling with an alarming surge of cyber attacks, facing an unprecedented 1,892 assaults per week, far surpassing the global average. Check Point Software Technologies unveils shocking statistics in their latest Threat Intelligence Report, exposing the kingdom’s vulnerability to Cryptominer and Botnet malware, paving the way for phishing attacks and resource hijacking. The primary targets in the past six…
- Business News
JKN Global sells 50% Miss Universe stake to Legacy Holding for US$16m
In a bid to deal with its ongoing financial struggles, JKN Global Group Plc, a renowned local media company, has decided to offload a 50% stake in its Miss Universe business. The stake, valued at US$16 million (570 million baht), will be purchased by Legacy Holding Group USA Inc. The group, which is under the control of Mexican businessman Raul…
- Business News
CP Group tempers investment due to global risk factors
Charoen Pokphand (CP) Group, a renowned Thai conglomerate, has planned to temper its investment activities in the current year. The group’s CEO, Suphachai Chearavanont, has indicated that this strategic shift is driven by the desire to reap the benefits from previous years’ investments. Suphachai voiced concerns over several global risk factors anticipated to lead the agriculture sector into a stagnation…
- Business News
B.Grimm Power advances in renewable energy with Laos hydroelectric investment
With sights set on the renewable energy sector, B.Grimm Power Plc is advancing with a steadfast growth plan. Its most recent stride in this direction involves a joint investment with Ratch Group Plc into a hydroelectric power plant project based in Laos. This step is in line with B.Grimm Power’s GreenLeap strategy, underlining the firm’s ambition to emerge as a…
- Business News
Thai feed millers gain sustainable soybean insight at US led conference
A pivotal conference held last Friday by the Thailand Feed Mill Association (TFMA) saw US experts educating local businesses on the principles of sustainable soybean production. This collaborative event with the US Soybean Export Council (USSEC) was aptly named Strategic Insights into Sustainable Practices: A Conclave for Agricultural Stakeholders and Feed Millers. The primary objective was to facilitate knowledge transfer…
- Business News
Thailand’s population ages like fine wine, marking a global trend
The global ageing population has seen a swift rise in the past three decades, with two-thirds of individuals over 60 residing in developing Asian countries. As of 2021, Thailand has officially become a fully aged society, with a fifth of its population aged 60 or above, as per World Health Organisation and UN data. By 2031, Thailand is projected to…
- Business News
Global Thai rice export forecast to surpass 8 million tonnes
The appeal for Thai rice continues to be significant globally, with both Indonesia and Bangladesh expressing their aspirations to buy the grain through G2G or government-to-government contracts. Ronnarong Phoolpipat, head of the Foreign Trade Department, stated that the immense global demand for Thai rice is likely to boost exports to surpass 8 million tonnes this year. The department has plans…
- World News
BTS score their second win as ‘Global Recording Artist of the Year’ from International Federation of the Phonographic Industry
Superstar K-pop band BTS have won the The International Federation of the Phonographic Industry’s 2021 Global Recording Artist of the Year award, again. It’s the second year in a row for the seven-member group. BTS again received the award based on their worldwide performance across digital and physical music formats over the past 12 months. Around the world, BTS were…
- Sponsored
Siam Piwat unveils the “ONESIAM SuperApp” – a smart platform that delivers extraordinary experiences
Press Release Joining forces with partners across 13 industries to create a world of digital business through a world-class ecosystem of success. Siam Piwat is launching a groundbreaking premium world-class business ecosystem that homes in on over 7 million affluent customers in Thailand and reaches powerful customer bases around the globe. Advancing its Co-creation initiatives, Siam Piwat is joining forces…
- Sponsored
St. Andrews International School, joins global event for children’s wellbeing
Press Release On 30 September, St. Andrews International School, Sathorn has planned activities involving the entire school community of children, parents and employees to mark Global Be Well Day, a worldwide event led by Cognita, the group of 85 schools of which St. Andrews Sathorn school is a member. Over 58,000 children around the world will be taking part to…
- Technology News
Global chip shortage: automakers to sex toys now feeling the pinch
A global chip shortage has affected almost every kind of business from automakers to sex toy makers. The shortage came about late last year when automakers thought demand would dwindle due to the Covid-19 pandemic. But, they were wrong. And, other manufacturers took note of the automakers’ large semiconductor orders and decided to ramp up their own. Home appliances, servers,…
- Tourism News
An international Digital Travel Pass could be the magic bullet to restart global tourism
A new international Travel Pass, a sort of digital health certificate, may be the way forward for countries to re-open their borders and international airlines to get their planes back into the air. The International Air Transport Association says the ‘digital’ certificate will support the safe reopening of borders. As Covid-19 testing and the results becomes more reliable and nuanced,…
- Covid-19 News
Covid19 – US infections “balloon”, world case total surpasses 40 million
“We were really hoping to crater the cases in preparation for a bad winter. We’ve done basically the opposite.” New Covid-19 cases are again surging in many countries. Globally, the number of infected people exceeded 40 million as of last night with new infections starting to accelerate again. Today the total number of confirmed cases around the world is 40,323,461. The…
