surge

  • 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.…

  • Business News

    Thailand ramps up border telecom crackdown to curb crimes

    A crackdown on crimes facilitated by local telecom signals at Thailand’s borders has been ramped up by the National Broadcasting and Telecommunications Commission (NBTC). This move followed an emergency meeting between the regulator and private telecom operators to address potential criminal activities in these areas. NBTC Deputy Secretary-General Trairat Viriyasirikul revealed that in many border regions, there have been instances…

  • Thailand News

    Southern simmer: Betong noodle vendor stays grounded as prices boil over

    In the southern Thai town of Betong, Yala Province, consumers and food vendors are feeling the pinch as the prices of essential goods and ingredients creep upward. Amidst this economic squeeze, one noodle vendor remains resolute in her commitment to her customers, refusing to increase prices despite soaring operational costs. The 45 year old woman, Lampai Langprakhon, who runs Nuch…

  • Economy News

    Gold prices in Thailand surge to historic 42,050 baht high

    Gold prices reached a new high today, with the Gold Traders Association (GTA) reporting a significant increase to 42,050 baht per baht weight, marking a historic surge. In a remarkable shift, gold ornament prices soared by 600 baht compared to the previous day’s closing figures. The GTA website showed that as of 9.02am, domestic gold bars were purchased at 41,450…

  • Thailand Weather Updates

    Bangkok battles hazardous levels of PM2.5 dust pollution alone

    A robust surge of PM2.5, particulate matter 2.5 micrometres or less in diameter, descended upon the Thailand capital Bangkok this morning, setting the city apart as the only one battling seriously hazardous red-coded levels of fine dust pollution. This stark revelation came from the Geo-Informatics and Space Technology Development Agency (GISTDA). The state space agency’s report at 10am highlighted the…

  • Thailand News

    Thailand responds to surge in flesh-eating disease cases in Japan

    A surge in the number of flesh-eating disease cases, officially known as necrotising fasciitis, in Japan, has prompted a response from Thailand’s Department of Disease Control (DDC). The DDC gave reassurances yesterday that no instances of the rare but deadly bacterial infection have been reported in Thailand this year. The DDC is keeping a close eye on the developments in…

  • Business News

    Bitcoin forecast to break US$80,000 barrier by year-end

    Cryptocurrency prices, particularly Bitcoin, have experienced an unexpected surge this year. The world’s largest cryptocurrency exchange, Binance’s chief executive, Richard Teng, previously predicted Bitcoin would conclude 2024 at approximately US$80,000. However, current market trends indicate that Bitcoin could surpass that figure before the year ends. Bitcoin’s popularity has been on the rise, reaching an all-time high of US$73,750 in mid-March.…

  • Business News

    Thailand forecasts 558 billion baht foreign investment in key sectors

    Following a series of global roadshows led by Prime Minister Srettha Thavisin, the Board of Investment (BoI) anticipates a surge of at least 558 billion baht (US$15 billion) in foreign investment inflows into Thailand. The funds are expected to be channelled primarily into four critical sectors – digital, electric vehicles (EVs) and components, electronics and semiconductors, and logistics. BoI’s Secretary-General,…

  • Thailand News

    Pandemic alert: 8,197 Thailand dengue cases reported in January

    The Disease Control Department (DCD) issued a stark warning amid a surging wave of dengue fever cases, urging the public to shield themselves from mosquito bites. With a staggering tally of over 8,000 infected individuals and a count of 13 fatalities so far, the situation demands immediate attention. Thongchai Keeratihuttayakorn, the DCD Director-General, revealed alarming statistics, indicating a 91.25% surge…

  • Thailand News

    Surge in Covid-19 infections and rising death toll in Thailand

    According to the latest report from the Department of Disease Control (DDC), a staggering 718 patients were admitted to hospitals between January 14 and 20 in a skyrocketing surge in Covid-19 infections. The grim statistics reveal a grim reality, with the death toll soaring to 11, a stark contrast to the four reported just a week earlier. The average daily…

  • Business News

    Rice prices surge to 15-year high amid demand and El Niño concerns

    Rice prices have surged to a 15-year high amid growing concerns about the impact of increased demand and the effects of El Niño on supplies. The grain, a dietary staple for billions of people in Asia and Africa, saw its cost rise 2.5% last week, reaching US$650 a tonne, the highest point since October 2008. This information, provided by the…

  • Business News

    TAT forecasts surge of Chinese tourists into Thailand via land in 2023

    The Tourism Authority of Thailand (TAT) predicts that over 300,000 Chinese tourists are expected to cross into Thailand overland next year. This surge is due to the China-Laos railway, contributing to visitor numbers, especially in the northeast’s second-tier cities. Chuwit Sirivejkul, TAT’s regional marketing director for East Asia, indicated that around 70,000 to 100,000 Chinese tourists, 2% to 3% of…