Author: Ashley Wings

Thai Oil Plc (TOP), Thailand’s largest oil refinery, is taking a firm stand for the resolution of unpaid wages affecting workers at its Clean Fuel Project (CFP) in Chon Buri. With operations set to enhance Thailand’s oil production capacity, TOP is pressuring its construction partners to address wage disputes that have sparked protests on site. Thai Oil Plc Demands Resolution on Unpaid Wages at Chon Buri Refinery Project TOP is calling for urgent intervention from the parent companies of its construction partners to address overdue wages for workers at the Clean Fuel Project. This issue has disrupted operations and led…

Thailand’s Manufacturing Production Index (MPI) saw a year-on-year decline of 3.5% in September, falling to 92.4 points. This dip reflects ongoing challenges in key sectors like automotive and construction, and experts predict continued strain as the global economic landscape remains uncertain. Factors Contributing to the MPI Decline Automotive Sector Challenges: Decrease in Car Production One significant factor impacting the MPI is the ongoing decline in car manufacturing, with production dropping by 23.4% in September. This includes a downturn in pickups, small passenger vehicles, and hybrid electric vehicles with engine sizes over 1,800 cc. Financial institutions’ stricter lending criteria due to…

In a strategic bid to drive economic growth, the Bank of Thailand (BoT) has set an inflation target range of 1-3%, aiming to stabilize the economy and support gradual expansion. The central bank’s proactive stance reflects Thailand’s commitment to fostering steady growth in the face of both domestic and global economic challenges. Bank of Thailand’s Targeted Inflation Strategy Heading for 1.2% Inflation by 2025 At the recent Monetary Policy Forum, BoT Deputy Governor Piti Disyatat announced that headline inflation is expected to reach 1.2% by 2025, up from the projected 0.5% for 2024. This target is designed to support a…

Koh Samui is known for its tropical beaches, lush landscapes, and vibrant nightlife, but it doesn’t have to be an expensive destination. With a little planning and some insider tips, you can experience the best of Koh Samui without breaking the bank. Here’s your ultimate guide to budget travel on this beautiful island. When to Visit Koh Samui for Budget-Friendly Travel Choosing the right time to visit can make a significant difference in your travel budget. Visit During the Off-Peak Season The best time for budget travelers to visit Koh Samui is during the off-peak season, which falls between May…

HSBC Thailand has solidified its status as a leader in banking, winning the title of Best International Bank in Thailand for the fourth consecutive year from prestigious financial publications Euromoney and FinanceAsia. With its stronghold across Southeast Asia and commitment to driving economic growth, HSBC continues to be an essential partner for both Thai and international businesses. HSBC Thailand Secures No. 1 Bank Title, Dominates International Banking Scene With unmatched expertise in banking and investment, HSBC Thailand has won several high-ranking awards, strengthening its position in the Thai financial market. The bank’s success goes beyond Thailand, being recognized as the…

Koh Samui’s nightlife scene is vibrant, diverse, and offers everything from beach parties and live music to sunset bars and night markets. Whether you’re a party enthusiast or prefer a more laid-back evening, Koh Samui has something for everyone. Here’s a guide on how to make the most of the island’s nightlife! Discover the Thrilling Nightlife of Koh Samui Island 1. Dance the Night Away at Chaweng Beach Clubs Chaweng Beach is Koh Samui’s nightlife hub, packed with energetic beach clubs and bars that keep the party going until sunrise. With venues right on the sand, you can dance to…

Koh Samui, Thailand’s second-largest island, is renowned for its pristine beaches, luxury resorts, and vibrant nightlife. Planning a trip to Koh Samui requires thoughtful preparation to make the most of the tropical paradise, from choosing the right time to visit to organizing activities that showcase the island’s beauty. Here’s a step-by-step guide to planning your perfect getaway to Koh Samui. When to Visit Koh Samui The timing of your visit can impact your experience significantly, as Koh Samui’s weather varies throughout the year. Best Season to Visit Koh Samui The ideal time to visit Koh Samui is from December to…

Planning a trip to Koh Samui, Thailand’s third-largest island, is the key to experiencing this tropical paradise to the fullest. Known for its palm-fringed beaches, clear waters, and vibrant nightlife, Koh Samui offers activities for every kind of traveler. From accommodation and transportation tips to must-see attractions and dining spots, here’s a complete guide to planning your perfect getaway to Koh Samui. Planning Your Dream Trip to Koh Samui Island 1. Deciding When to Visit Koh Samui The best time to visit Koh Samui depends on what you’re looking to experience. The dry season, from December to February, is ideal…

Phi Phi Island, nestled in Thailand’s Andaman Sea, is a tropical paradise renowned for its stunning scenery, pristine beaches, and vibrant coral reefs. Whether you’re seeking relaxation on soft sands or looking to dive into the island’s underwater world, Phi Phi offers a journey through some of the most captivating natural beauty in Thailand. From lush jungles to turquoise bays, a visit to Phi Phi Island is a journey through a true tropical wonder. Discover the Tropical Beauty of Phi Phi Island 1. Stunning Beaches of Phi Phi Island – Sun, Sand, and Serenity Phi Phi Island is home to…

Thailand’s Securities and Exchange Commission (SEC) is taking a stand against crypto-related money laundering. Amidst growing concerns, the SEC now requires digital asset operators to report suspicious transactions, intensifying efforts to protect the nation from cryptocurrency-based scams. SEC Tightens Grip on Crypto Money Laundering in Thailand With the rise of cryptocurrency, the SEC’s proactive approach highlights Thailand’s commitment to maintaining financial transparency. The recent crackdown on money laundering involving the iCon Group, accused of using stablecoin USDT for illegal activities, underscores the urgency for regulatory oversight in the crypto industry. Cryptocurrency and the Challenge of Money Laundering Digital assets like…