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ASEAN Express Concludes Its Maiden Voyage

ASEAN Express Concludes Its Maiden Voyage

by Teuvo Tuomi | Jul 15, 2024 | ASEAN, China, Infrastructure, Laos, Malaysia, News, Thailand, Trade, Transportation

The Asean Express, the cargo train connecting Malaysia, Thailand, Laos, and China, has returned to Malaysia after a 14-day trip to Chongqing, China. “This is the first inbound trip; we hope that there will be more trips between the countries,” KTMB chief operating...
Thailand’s GDP Unlikely to Grow as Expected: NESDC

Thailand’s GDP Unlikely to Grow as Expected: NESDC

by Teuvo Tuomi | Jul 12, 2024 | Business, Economy, News, Thailand

Thailand’s GDP growth is unlikely to increase in the second half of this year as anticipated by the Bank of Thailand (BOT), according to the chairman of the National Economic and Social Development Council (NESDC), Mr. Supavud Saicheua. Supavud says the...
Red Bull Now the Richest Family in Thailand

Red Bull Now the Richest Family in Thailand

by Teuvo Tuomi | Jul 10, 2024 | Business, Economy, Lifestyle, News, Society, Thailand

Red Bull co-owner Chalerm Yoovidhya heads Thailand’s richest family according to the latest Forbes list, surpassing the Chearavanont brothers. Forbes Asia says that Mr. Chalerm’s family increased their wealth by 2.6 billion USD (95.8 billion baht) to 36...
Mobile Disaster Alert System Starts in Thailand Next Year

Mobile Disaster Alert System Starts in Thailand Next Year

by Teuvo Tuomi | Jul 7, 2024 | Innovation, Environment, News, Technology, Thailand, Tourism, Visions, Weather

A new alert system that can send out messages to all mobile phone users in the event of an emergency or disaster will be introduced in Thailand next year, according to the government. Cell broadcast technology allows emergency warnings to be sent to all devices...
Thailand Continues to Underperform: BoT

Thailand Continues to Underperform: BoT

by Teuvo Tuomi | Jul 5, 2024 | Economy, Business, Inflation, Infrastructure, Innovation, Investment, News, Thailand, Tourism, Trade

Thailand’s economic growth potential is expected to hover around 3% for the next five years, according to Bank of Thailand governor Sethaput Suthiwartnarueput. This is a decline from closer to 3.5% reported in the years before the Covid-19 pandemic. Many households in...
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