Tag: Bangkok

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Affordable 20-Baht Transit Fare Extended Until 2025

The government has decided to extend the 20-baht flat fare for the Red and Purple electric train lines for another year. The budget of 400 million baht has been approved to support this extension....
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Boosted by Tourism, Consumption, and Exports, Thai Economy Shows Improvement in October

Thailand's economy has seen a positive shift in October, thanks to the combined efforts of tourism, exports, and private consumption. The Bank of Thailand recently reported that exports surged by 14.2% compared to the...
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Promoting AI Ethics in Thailand: Initiatives and Progress

Thailand is taking significant steps towards promoting AI ethics in the region by collaborating with the UN agency Unesco. The Thai government is working towards becoming a regional AI training center to assist developing...
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Thailand Airports to Pay B12b for Noise Pollution from New Runway

Airports of Thailand (AoT) is set to allocate 12 billion baht in compensation for residents affected by noise pollution from the new runway at Suvarnabhumi Airport. The decision was made during a meeting involving...
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Bus Service Resumes from Bangkok to Phnom Penh and Siem Reap – Schedule and...

Thailand and Cambodia have reached an agreement to resume bus services between Bangkok and Phnom Penh, as well as Siem Reap. This marks the first time since the Covid-19 pandemic halted operations that travelers...
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Low-Cost Dubai-Like Hub Planned by AirAsia Founder in Bangkok and Kuala Lumpur

Discount airline AirAsia, founded by Tony Fernandes, is gearing up to establish low-cost hubs in Bangkok and Kuala Lumpur with the aim of replicating the global connectivity success of Dubai. After facing significant challenges...
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Reduced FIDF Fee: Thai Banks’ Payment Update

Thai banks have agreed to pay a reduced annual contribution of 0.23% of deposits to the Financial Institutions Development Fund (FIDF) for the next three years, according to Deputy Minister of Finance Paopoom Rojanasakul....
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Baht Reaches 3-Month Low, Boosting Exports

The baht has reached a three-month low against the dollar, but Deputy Finance Minister Paopoom Rojanasakul believes this is beneficial for exports. He mentioned that the baht's depreciation is advantageous for trade and is...
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Accelerating AI Adoption in Thailand with IBM

IBM Thailand is striving to propel Thai organizations into the realm of artificial intelligence (AI) by addressing barriers to adoption. Anothai Wettayakorn, the country general manager of IBM Thailand, has set a goal to...