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Thailand is expected to launch two satellites under the Theos-2 project later this year, a government spokesperson said.The satellites, co-developed by British experts and a team of engineers from Thailand’s Geo-Informatics and Space Technology Development Agency, include the “Theos-2” main satellite for recording images and ...

The issue of the overlapping area claimed by both Thailand and Cambodia should be resolved as soon as possible to help combat Thailand’s growing energy crisis, according to Kurujit Nakorntap, executive director of the Petroleum Institute of Thailand (Ptit). Mr Kurijit, who also formerly served as ...

The delay in government formation, the rising cost of living and conditions of recession in the global economy have resulted in Thailand’s Consumer Confidence Index (CCI) in July dropping for the first time in 14 months.The CCI in July fell to 55.6, from 56.7 in ...

The world has been witnessing increases in the price of rice following drought concerns and India’s export ban, but it is Thailand’s rice that has seen the sharpest rise, according to the Food and Agriculture Organisation (FAO) of the United Nations.In its monthly rice update ...

Banks must stop illegal transactions upon request by their clients to prevent customer losses from online scams, said Minister of Digital Economy and Society (DES) Chaiwut Thanakamanusorn. The Royal Decree on Cyber Crime Prevention and Suppression that came into effect on March 17 empowers banks to ...

Slightly more than 80% of Thai state agencies have passed the Integrity and Transparency Assessment (ITA) test conducted by the national anti-graft agency.A total of 6,737 out of the 8,323 agencies managed to get the minimum passing ITA score of 85, National Anti-Corruption Commission (NACC) ...

The Board of Investment of Thailand (BOI) is preparing a plan to propose to the new government that aims to attract investors by focusing on creating an ecosystem and enhancing ease of doing business in five target industries.The plan, dubbed “Thailand’s Next Step” will prioritise ...

The Bank of Thailand (BOT) is reducing its estimation of GDP growth to 3.5% from 3.6% due to the country’s stagnant export sector and global economic slowdown.BOT governor Sethaput Suthiwartnarueput was speaking about Thailand’s economic trends on Monday at the bank’s annual seminar titled “Next ...

The Office of Transport and Traffic Policy and Planning (OTP) will submit plans to develop existing and new canal routes to promote passenger boat transportation in a bid to ease traffic congestion in a bid to ease traffic congestion in the capital. OTP director Punya ...

Credit card spending in Thailand during the second quarter of this year increased by more than 20% and is expected to continue throughout the year, with an increase of no less than 20% for the whole of 2023.According to Thakorn Piyapan, President of TMBThanachart Bank, ...