oil
- Economy News
The cost of one stuck ship in the Suez Canal – rising costs of fuel, household goods, food
That container ship is still stuck in the Suez Canal. It’s created a huge traffic jam at either end – some 240 ships. Even if they clear the blockage (get the ship out of the way to let other ships pass) soon, it’s predicted to take most of April to clear the backlog. The cost to world shipping has been…
- Thailand News
Thailand News Today | Land bridge project, “Thai Bridge”, Chaing Mai black widow | October 12
Daily Thai TV News, with all the latest updates. Posted around 5pm, Monday to Friday. Protest leader says activists “in it for the long haul” Human rights lawyer and protest leader, Arnon Nampa, says political activists seeking to oust the current Thai government are “in it for the long haul”. The leader of the People’s Group (formerly the Free People…
- Things To Do
Riding and renting a motorbike in Thailand | Top 10 tips | VIDEO
Motorbikes and scooters are the most popular mode of transport in Thailand, and most of south east Asia. In many cases, they’re the ‘engine’ for the local economies. Most of them just go and go and go, they’re astonishingly reliable. Getting around on a motorbike is easy enough and will get you to your destination faster, whilst the cars and…
- Business News
Commerce Ministry announces another round of price drops on staple products
The Thai Ministry of Commerce will soon launch a fourth round of price reductions, which will take place at a district level. The ministry has already received cooperation from the business sector to help those affected Covid-19 by lowering product prices, sometimes by as much as 68%, on 3 occasions, In the fourth round, around 7,100 consumer goods are being…
- Crime News
2 Chinese nabbed for peddling hemp oil, facemasks
A pair of Chinese nationals have been arrested in Bangkok for selling toys, hand gel, thermometers and hemp oil worth millions of baht. Cyberpolice yesterday said the suspects, named only as “Lee” and “Jan”, were arrested at a commercial building in Bangkok’s Bang Khunthian district. Police seized vast numbers of masks, body temperature scanners and sex toys as well as…
- Covid-19 News
Oil prices tank, as crisis fuels calls to re-open economies
And now a global oil crisis hits home as well. Oil prices have crashed into negative territory after global coronavirus-related travel restrictions impacted demand. After addressing the early crisis with ‘lockdowns’ and social distancing, now the narrative pivots to lifting stay-at-home orders and re-opening economies. Some European countries have taken tentative steps to ease restrictions as coronavirus death rates start to…
- Covid-19 News
Opportunities for 2020 export growth in Thailand
Despite the whirlwind of shutdowns, lockdowns and craziness descending on Thailand at the moment, the departments are still churning out numbers and trying to forecast the way ahead. They say that, due to the Thai baht weakening and massive government interventions around the world for both monetary and fiscal policies, there is still a chance that Thailand could reduce the…
