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HONG KONG: Greater Bay Airlines was awarded designated status from the Hong Kong government, allowing the company to open negotiations with foreign countries to fly 104 routes, the head of the start-up carrier told the South China Morning Post on Tuesday. Source: Business

PHUKET: The return of tourists is reviving the local economy, generating income and reducing unemployment on the island province, according to local authorities. Source: Business

Thailand — a major exporter of sugar, chickens and rice — looks set to benefit as many of its Asian neighbours’ limit shipments of agricultural commodities to shelter consumers from surging prices. Source: Business

SINGAPORE: Canadian Trade Minister Mary Ng signalled on Wednesday that the country may continue to protest the war in Ukraine at multilateral summits involving Russian officials after doing so in Bangkok over the weekend. Source: Business

NEW DELHI: India said it has capped sugar exports to safeguard its own supplies and ease inflation, days after a ban on wheat shipments sent global prices soaring in the wake of the Ukraine war. Source: Business

Pfizer Inc plans to sell its entire portfolio of brand-name drugs at cost in as many as 45 lower-income countries, including Cambodia and Laos, one of the most comprehensive and ambitious drug-access programmes ever announced by a large pharmaceutical manufacturer. Source: Business

Thailand’s policy interest rate will have to rise but the timing will hinge on the monetary policy committee’s view with the economy growing below its potential and the recovery facing uncertainty, central bank board chairman Porametee Vimolsiri said on Wednesday. Source: Business

Mr. Chanin Khaochan, Deputy Secretary-General of the Thailand Board of Investment (BOI), on 16 May 2022, led a team from the BOI’s Thai Enterprise Development Division to participate in the “Saudi – Thai Investment Forum” held at the Movenpick Hotel, Riyadh, Saudi Arabia. The forum was one of the activities …

The Thailand Board of Investment (BOI) Frankfurt Office in collaboration with the Royal Thai Embassy in Warsaw and the Polish Investment & Trade Agency (PAIH) organised an online Thai-Polish Business Forum on 11 May 2022 to discuss “Strategic Partnership on Medical Industry” aiming to publicise the opportunities and promotion incentives …

Thailand’s policy interest rate will have to rise but the timing will hinge on the monetary policy committee’s view with the economy growing below its potential and the recovery facing uncertainty, the Bank of Thailand (BoT) board chairman said on Wednesday. Source: Business