AWOL

King Power is streamlining its duty-free business by closing its three downtown branches in Bangkok and Pattaya and launching a voluntary redundancy programme for employees.

Thailand is close to an agreement with the United States to lower a threatened 36% tariff on its exports ahead of the Aug 1 deadline, according to Finance Minister Pichai Chunhavajira, who expects trade talks to conclude within days. 

The Central Investigation Bureau (CIB) is intensifying its investigation into the alleged misappropriation of temple funds at Wat Nakhon Sawan and a long-delayed Buddhist park project involving the former abbot.

The Supreme Military Court on Tuesday delivered the final ruling in the death of army cadet Phakaphong Tanyakan, known as “Mei”, who died in 2017 after being beaten by “two seniors” at the Armed Forces Preparatory School.

Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year.

Thailand’s cabinet on Tuesday gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a government official said.

Northeastern provinces bordering Laos are feeling the impact of Tropical Storm Wipha as it moves onto Vietnam and inches closer to Thailand.