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Insurance industry forecast to increase 2-3% in 2025
Phuket News
/
Business
BANGKOK: Thailand's insurance industry is projected to grow by 2-3% this year, driven by increasing public awareness of rising medical inflation, an ageing society and the extension of the health insurance coverage age to 80, says the Thai Life Assurance Association (TLAA).
Thai Immigration biometric system no longer functioning
Phuket News
/
Thailand
BANGKOK: The Immigration Bureau failed to collect the biometric data of about 17 million travellers who entered and exited Thailand last year after the system reached its maximum capacity, according to People’s Party deputy leader Rangsiman Rome.
SET’s new measures fail to rally bourse
Phuket News
/
Business
BANGKOK: The recently announced measures by the Stock Exchange of Thailand (SET) to curb short selling and high-frequency trading failed to lift the bourse on Thursday (Feb 20), but analysts say they should help to reduce price volatility.
Cabinet ‘unlikely’ to back casino entry rule
Phuket News
/
Thailand
BANGKOK: The latest entry requirement for Thai nationals to enter casinos, as proposed by the Council of State (CoS), is unlikely to gain approval by the Cabinet, Interior Minister Anutin Charnvirakul said yesterday (Feb 20).
House spared arrest nod in MP rape case
Phuket News
/
Thailand
BANGKOK: A motion seeking parliamentary approval for Bangkok MP Chaiyamparwaan Manpianjit to be handed over to police to face a rape charge has been withdrawn after the lawmaker surrendered voluntarily.
B4.5bn approved to combat flooding
Phuket News
/
Thailand
BANGKOK: The Cabinet approved a budget of more than B4.5 billion yesterday (Feb 18) to help households affected by flooding in southern provinces last year and to finance post-flood rehabilitation and development projects.
Stars gear up for Honda golf tourney in Pattaya
Phuket Sport
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Thailand
GOLF: Seven of the world’s top 10 golfers will participate in the Honda LPGA Thailand 2025, which starts at the iconic Siam Country Club Old Course in Pattaya tomorrow (Feb 20).
Local bank loans shrink the most in 15 years
Phuket News
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Business
BANGKOK: The banking industry recorded its highest level of loan contraction in 15 years in 2024, driven by tighter loan approvals amid borrowers’ weaker debt repayment ability, according to an executive at the Bank of Thailand.
Premier promises to splash out in South
Phuket News
/
Thailand
BANGKOK: The government will develop the South to its fullest potential, said Prime Minister Paetongtarn Shinawatra during her visit to Phatthalung and Songkhla yesterday (Feb 17).
Gauging an elusive growth target
Phuket News
/
Business
BANGKOK: With the first month of 2025 passed, the economy still faces uncertainty and unclear growth drivers.
Thai corruption body indicts 44 former MPs over lese majeste
Phuket News
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Thailand
BANGKOK: The National Anti-Corruption Commission (NACC) will indict 44 former MPs of the now-dissolved Move Forward Party (MFP) for breaching ethical standards over their sponsorship of a bill to amend Section 112 of the Criminal Code, also known as the lese-majeste law.
MP battling rape claim on House agenda next week
Phuket News
/
Thailand
BANGKOK: House Speaker Wan Muhamad Noor Matha confirmed on Friday (Feb 14) that the case of a controversial MP facing a rape accusation will be on the agenda for lawmakers next Thursday.
Restaurants back easing booze laws
Phuket News
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Business
BANGKOK: Eateries support the government's review of the ban on alcohol sales in the afternoon as it could benefit restaurants and convenience stores, says the Thai Restaurant Association.
Price of roses soars as romance blooms
Phuket News
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Business
CHAI NAT: A spike in Valentine's Day demand has driven the retail prices of roses to a 20-year high in this Central Plains province, local vendors say.
Thailand’s corruption score slips
Phuket News
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Thailand
BANGKOK: Thailand’s score has in the 2024 Corruption Perceptions Index (CPI) declined to 34 from 35 the year before, though its global ranking improved one place to 107th, according to Transparency International.
Thailand suspends issuance of gun carrying permits
Phuket News
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Thailand
BANGKOK: Thailand is suspending the issuance of new firearm carrying permits for one year, starting from tomorrow, as part of a government effort to curb crime.
Thailand cracks down on nominee businesses
Phuket News
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Business
BANGKOK: Authorities have prosecuted 820 cases of nominee businesses that caused nearly B12.5 billion in damages, and identified over 200,000 mule accounts nationwide.
Thailand readies for influx of freed foreign scam-centre victims
Phuket News
/
Thailand
BANGKOK: The government is preparing for a possible influx of foreigners released from the clutches of scam gangs in Myanmar after Thailand cut off all power, Deputy Prime Minister Phumtham Wechayachai said yesterday (Feb 12).
PM orders review of 2-5pm alcohol sale ban
Phuket News
/
Thailand
BANGKOK: Prime Minister Paetongtarn Shinawatra has ordered a review of the ban on the sale of alcoholic beverages from 2pm to 5pm following calls by business groups for eased regulations to support tourism.
Xi weighs in on casino project
Phuket News
/
Thailand
BANGKOK: During an official visit to China last week by Prime Minister Paetongtarn Shinawatra, President Xi Jinping reportedly warned the Thai government that its much-touted casino-entertainment complex project could cause a spike in criminal activity.
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