BANGKOK, Thailand’s central bank, yesterday, decided to raise its key policy rate for the fourth consecutive time, by 25 basis points, in an effort to curb high inflation and support economic recovery.The Bank of Thailand monetary policy committee vote…
The Ministry of Digital Economy and Society (DES) plans to upgrade the Technology Crime Suppression Division (TCSD) into a bureau, with its manpower increased by 2,000 over the next two years, to cope with rising cybercrime cases.DES Minister Chaiwut T…
A move by the Lao government to shut down money-changing shops in an effort to rein in rampant inflation has upset business owners, who say the move is crimping their businesses by making it more difficult to buy construction materials and consumer goo…
Chinese businessman Chaiyanat Kornchayanant, aka “Tuhao”, and 40 other suspects, several of whom are Chinese nationals, were indicted today (Thursday) on multiple charges, including drug trafficking and money laundering, at the Bangkok South Criminal C…
The U.S. State Department launched a new program on Thursday called the Welcome Corps that will allow Americans to privately sponsor refugees applying to move to the United States.The program, formed in partnership with the U.S. Department of Health an…
Tourism businesses in Phuket are not worried about the return of zero-dollar cheap package tours, historically popular among Chinese tourists visiting Thailand, but are more concerned about the expensive air fares and limited direct flights available b…