Biden signs major semiconductors investment bill to compete against China
WASHINGTON: President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear risk being dominated by rival China.
Court dismisses BTSC's petition on Orange Line
The Central Administrative Court has dismissed a petition filed by Bangkok Mass Transit System Plc (BTSC) seeking an injunction to suspend the current round of bidding for the right to jointly invest in Orange Line's western extension project.
2,335 new Covid cases, 32 more deaths
The country registered 32 more Covid-19 fatalities and 2,335 new cases admitted to hospitals during the previous 24 hours, the Public Health Ministry announced on Wednesday morning.
Jury finds ex-Twitter worker spied for Saudi royals
SAN FRANCISCO: A former Twitter worker was found guilty on Tuesday of spying for Saudi officials keen to unmask critics on the platform.
T1 ready for big kick-off this weekend
The new Thai League 1 season will kick off with a bang, the Football Association of Thailand (FAT) said on Tuesday.
Navy may take sub engines from China
The Royal Thai Navy (RTN) could accept Chinese-made engines for the S26T Yuan-class submarine it is in the process of buying, it was revealed on Tuesday.
Elton John and Britney Spears to collaborate on new song
Princess of pop Britney Spears will join forces with music maestro Elton John on a new single, the record company releasing the track said on Monday.
EconThai calls for wage hike to be based on inflation rate
The Employers' Confederation of Thai Trade and Industry is urging the government to base the daily minimum wage calculation on inflation, not politically-motivated factors.
Mother's Day to see 9% rise in spending
Spending on Mother's Day is expected to increase by 9% this year to 10.8 billion baht, the highest level since 2012.
Thai growth downgraded by Citibank
Citibank has downgraded its 2022 forecast for Thai economic growth to 3.5%, from 3.6%, with next year's GDP predicted to expand by 4.5%, a fall from 4.8%.
Banks vow to keep rates steady for the time being
Local major banks plan to hold their interest rates steady if the Bank of Thailand raises the policy rate on Wednesday, as they want to mitigate its impact on borrowers amid a gradual economic recovery.
S&P bakeries install robots as costs soar
SET-listed S&P Syndicate Plc, the operator of the S&P bakery and restaurant chain, is to adapt its business operation to cope with high operational costs, with the launch of various tools such as work automation in the second half of this year.
MPC expected to raise interest rate Wednesday
The Monetary Policy Committee (MPC) is expected to raise the policy interest rate for the first time in two years by 0.25% on Wednesday to 0.75%, as inflation soared above 7% in the last two months, bringing an end to a low-interest era, analysts say.
'No let-up' after Covid is downgraded: DDC
Monitoring of coronavirus mutations will remain unchanged when the disease is downgraded to "communicable under surveillance" status from Oct 1.
SPRC faces B39m suit over oil spill
RAYONG: Restaurant and hotel entrepreneurs at Mae Ramphueng beach and Koh Samet yesterday filed a lawsuit against Star Petroleum Refining Public Co Ltd (SPRC) to demand 38.8 million baht in compensation for recent oil spills that have harmed the area.
BMA to conduct zoning review
The Bangkok Metropolitan Administration will set up a panel to work with the Royal Thai Police to review zoning for restaurants, bars and entertainment venues.
Prawit backs Prayut to keep job
Deputy Prime Minister Prawit Wongsuwon backed Prime Minister Prayut Chan-o-cha to survive the legal dispute over the eight-year limit on his premiership and carry on in the role for two more years.
Russia says ammunition detonated at Crimea base, one dead
KYIV (UKRAINE) - Russia Tuesday attributed loud blasts at a key military airbase on the Moscow-annexed Crimean peninsula to exploding ammunitions, downplaying the possibility that the site was hit by Ukrainian fire.
Serena Williams says 'countdown' to tennis retirement has begun
PARIS: United States tennis great Serena Williams announced on Tuesday that "the countdown has begun" to her retirement from the sport.
France reverses Russia ban after chateau turns away visitors
PARIS: France said Tuesday that a ban on Russian nationals entering military installations had been applied too rigidly when two Russian visitors were turned away at the Chateau de Vincennes, a mediaeval fortress and tourist attraction on the edge of Paris.
