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Debt hike a ‘last resort’

Raising the public debt ceiling or issuing emergency borrowing decrees will be considered as a “last resort”, only if global volatility persists and domestic fiscal resources prove insufficient, Finance Minister Ekniti Nitithanprapas says.

Thai EV sales set to be boosted by trade-in incentive

The Thai automotive industry is expected to benefit from the government’s proposed car trade-in policy, which Omoda & Jaecoo (Thailand) says will stimulate sales, strengthen supply chains, and accelerate the country’s push towards carbon neutrality.

PM Anutin welcomes outlook upgrade by Moody’s

Prime Minister Anutin Charnvirakul has welcomed the decision by Moody’s Investors Service to revise Thailand’s credit outlook from “negative” to “stable” while affirming its sovereign rating at Baa1.

Activist Atchariya granted bail in B2.5m extortion case

Crime victims’ rights activist Atchariya Ruengrattanapong has been released on bail after appearing in court to answer charges in connection with an alleged 2.5-million-baht extortion plot targeting people involved in the justice process.

‘World’s smallest coffee shops’ star at Milan Design Week

Milan Design Week has been entirely fulfilling for design lovers all over the world. Still, the constant stream of revelations may have left some feeling a little fatigued from keeping up. That said, De’Longhi, in collaboration with Simon Weisse Studio, has just unveiled its latest conceptual project—bringing together art and coffee in a fresh, creative…

Fuel surcharges jump as airlines tighten schedules

Local airlines have continued to reduce capacity by consolidating less profitable flights into remaining services to stay afloat amid rising jet fuel prices, while Japan Airlines and ANA announced a doubling of fuel surcharges, with Thailand-bound fuel surcharges increasing from about 3,000 baht to 6,000 baht.