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US seeks to jail Binance founder

24. April 2024

NEW YORK - Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, should serve three years in prison after pleading guilty to violating laws against money laundering, US prosecutors said on Tuesday. Les mer >>>

Long Songkran generated B140bn in tourism income

24. April 2024

The three weeks of this year’s Songkran festival generated about 140 billion baht in tourism income, with 1.9 million foreign tourists visiting the country during the celebration, according to the Tourism and Sports Ministry. Les mer >>>

Central bank intervenes to steady baht

24. April 2024

The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery. Les mer >>>

Keeping rate steady creates policy optionality - central bank

24. April 2024

Thailand's current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to lower borrowing costs and help jumpstart sluggish growth. Les mer >>>

Arrivals set to soar amid holidays in East Asia

24. April 2024

Chinese and Japanese tourists are expected to flock to Thailand during the Labour Day holiday and Japan's Golden Week, driving arrivals to 996,000, up 29% from the corresponding period last year, according to the Tourism Authority of Thailand (TAT). Les mer >>>

Four companies to jointly invest in 15 power plants

24. April 2024

Local power and waste management companies have teamed up to co-invest in 12 waste-to-energy power plants and three refuse-derived fuel production facilities in a move to support the state's bio-, circular and green economic policy. Les mer >>>

Nestlé expands pet food output

23. April 2024

Nestlé (Thai), a leading consumer goods manufacturer and marketer, has invested 6 billion baht in expanding its manufacturing facilities in response to the growing demand for pet care products. Les mer >>>