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Bangkok
The latest news, analysis and opinion on Bangkok. In-depth analysis, industry insights and expert opinion.
Head of Government
Governor Chadchart Sittipunt
last updated:
25 September, 2024
Night scene of a red light district in south Pattaya in Chonburi province. A Thai man was sentenced to death and two Germans received life imprisonments, for the murder of a German property agent near the resort town of Pattaya. Photo: AP
Thailand

Thai court delivers death penalty, life sentences for German man’s murder

A Thai of Pakistani descent received the death sentence while two Germans were sentenced to life imprisonment.

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Asia housing and property

Chinese investors advised to tread carefully in Thai property market amid scams

Electric & new energy vehicles

Chinese carmaker GAC doubles down on Hong Kong appetite for EVs

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Thailand

Nvidia to help build Thai ‘sovereign cloud’ in nation’s AI push

Data stored on Thailand’s sovereign cloud server could be used to power a local ‘AI ecosystem’ like a generative AI chatbot fed by Thai data.

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NVIDIA CEO Jensen Huang. Nvidia, which makes specialised computer chips used for training AI models, has surpassed Apple to become the highest-valued company in the world. Photo: Reuters
Alibaba

Alibaba Cloud aims high in Southeast Asia with new AI partners

China’s leading cloud services provider is prioritising investments in its operations across Indonesia, Thailand and other markets.

Hong Kong

This week in PostMag: home-grown Christmas gifts, a ferry trip and art

In this week’s print issue, a selection of Christmas gifts from Hong Kong brands, the fourth edition of the Bangkok Art Biennale and a 55-hour trip on a ferry.

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Art

Bangkok Art Biennale 2024: ancient temples meet modern art

The fourth edition of the event at the Thai capital runs until February 25, 2025, and features over 240 works by 76 artists across 11 venues.

Eyes (1995) by Louise Bourgeois. Photo: Seni Chunhacha
Thailand

Thailand sentences alleged cyanide serial killer to death

The woman, who faces 13 more murder trials, is accused of swindling thousands of dollars from her victims before killing them with cyanide.

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Banking & finance

Multi-country digital currency platform is worth the effort: central bankers

‘We must reduce new cross-border payment frictions while removing existing ones,’ says PBOC deputy governor.

Banking & finance

Stronger Hong Kong-Asean ties to open doors in banking, insurance markets

Hong Kong has set up advisory groups to foster stronger ties with Southeast Asia and the Middle East, helping open doors to markets.

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Daryl Ng Win-kong, part of the Asean advisory group, speaks at the Hong Kong-Asean Summit in Admiralty in September 2024. Photo: Eugene Lee
Electric & new energy vehicles

Chinese premium EV maker Xpeng adds Qatar to export list

Firm is one of several stepping up international expansion efforts as ferocious domestic competition continues to ravage profit margins.

Workers check an Xpeng can at a plant in Zhaoqing, in southeast China’s Guangdong province, on October 09, 2023. Photo: Xinhua
Banking & finance

Regulatory support, connector role a boon to Hong Kong’s med-tech hub ambition

InvestHK has assisted nine medical technology companies to set up or expand their businesses, attracting US$7.7 million of investments.

Banking & finance

UOB eyes domination in Southeast Asia’s US$2 trillion trade finance business

UOB has only 1 per cent of the trade financing market in the region, leaving a huge room for the bank to build its dominance.

The Philippines

Asean wins as US-China feud reshapes global supply chains, Li & Fung says

Asean nations attracted more foreign direct investment than China for the first time in a decade last year, according to a report.

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UOB’s Gateway to Asean conference in Ho Chi Minh City on September 6, 2024. Photo: UOB.
Electric & new energy vehicles

China’s Changan Automobile sets up subsidiary in Germany

Company says its first subsidiary in Europe will perform marketing and engineering research to support further expansion on the continent.

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New EVs sit at a distribution center of Changan Automobile in China’s southwestern Chongqing municipality on January 14, 2024. Photo: AFP
Electric & new energy vehicles

China’s BYD pauses Mexico factory plans until after US election

Mexico could be a key production site for BYD, along with plants it is building or already operating in Brazil, Hungary, Turkey and Thailand.

ByteDance

TikTok owner ByteDance’s overseas business to get boost from US$9.5 billion loan

The company’s overseas e-commerce operation, for example, is still in an ‘input phase’ to build up its ecosystem, according to analyst Li Chengdong.

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Hong Kong Monetary Authority (HKMA)

Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market

Six participants, including HSBC, Standard Chartered and Bank of China (Hong Kong), showcased test cases that will be explored to boost scale and interoperability.

The HKMA has launched a wholesale central bank digital currency sandbox, which will test a new financial market infrastructure that facilitates all the stages of a tokenised asset transaction. Photo: Shutterstock
Electric & new energy vehicles

Chinese EV maker Hozon launches latest model ahead of Hong Kong IPO

The Neta S, targeting rivals like Zeekr’s 001, starts at US$22,450 and comes in extended-range variants with a range of 1,200km.

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Thailand

Thai authorities raid illegal bitcoin mine after power outages

Thai authorities raided an illegal bitcoin mine after residents complained of frequent blackouts in the area for more than a month.

Banking & finance

Hong Kong’s status as fundraising hub undeniable: LianLian DigiTech CEO

‘Global uncertainties have created an abnormal situation,’ but capital flow to growth areas will resume once these die down, Xin Jie says.

LianLian DigiTech provides payment services to businesses, making it a partner with, rather than a competitor to, Alipay and WeChat Pay. Photo: Handout
Thailand

Bank of Thailand: Governor Sethaput ready to adjust policy to ensure stability

Governor Sethaput Suthiwartnarueput said The Bank of Thailand is ready to adjust monetary policy to ensure stability.

Former Thai Prime Minister Thaksin Shinawatra arrives to face charges of insulting the monarchy at the Criminal Court in Bangkok, Thailand, on August 19, 2024. Photo: EPA-EFE
Thailand

5 Hong Kong tourists believed dead in Thailand plane crash

No survivors were found at the site where the aircraft went down with nine people on board, including two pilots.

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Electric & new energy vehicles

HKIC-backed Spark, Thailand’s Bangchak tie up for 1,000 EV charging stations

HKIC’s maiden overseas initiative will help Thailand’s green transformation with cutting-edge technologies developed by Hong Kong firms, Financial Secretary Paul Chan says.

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Banking & finance

Mainland Chinese buying spree boosts AIA’s first-half profit 53%

Asia’s largest insurer posted its best first-half profit in five years at US$3.31 billion and beat analysts’ estimates of US$3.27 billion.

AI declared a first-half interim dividend of HK$0.445 per share, an increase of 5.2 per cent from a year earlier. Photo: Bloomberg
Thailand

Opinion | Can the US lure a China-friendly Thailand back into its orbit?

As Thailand’s military exerts more control over the political process, the country has increasingly seen China as an alternative partner.

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Former Thai prime minister Srettha Thavisin (centre right) visits a market in Bangkok, Thailand, on August 14, the day of his dismissal by the Thai Constitutional Court. Photo: AP
Thailand

‘I will work with an open heart’: Thai king appoints Paetongtarn as new PM

Paetongtarn received the monarch’s official written command to form a government in a ceremony in Bangkok.

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Thailand

Asian Angle | Will dissolution of Thailand’s Move Forward Party reignite youth-led protests?

Thailand’s youth has been subdued in the wake of a ‘rerun’ of events that previously led to the Future Forward party’s dissolution.

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