I'm Actually More Of A Rum Drinker
-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
Popular Contributors
-
Latest posts...
-
8
THAILAND LIVE Thailand Live Sunday 27 April 2025
Thai Air Transport Industry Shines in 2024 with 22% Growth and Record Profits Picture courtesy of Matichon. Thailand’s air transport sector has emerged as a standout performer in 2024, with impressive growth of 22% and profits soaring to 56.4 billion baht, according to Mrs. Oramon Sapthaweetham, Director-General of the Department of Business Development at the Ministry of Commerce. Full story:https://aseannow.com/topic/1358930-thai-air-transport-industry-shines-in-2024-with-22-growth-and-record-profits/ -
52
The Illusion of Liberty: How the Anti-Woke Right Betrayed Its Own Principles
Georgi Dimitrov, one of the famed anti-fascist leaders of the 1930s, provided the beginnings of an answer: “What is the source of the influence of fascism over the masses? Fascism is able to attract the masses because it demagogically appeals to their most urgent needs and demands. Fascism not only inflames prejudices that are deeply ingrained in the masses, but also plays upon the better sentiments of the masses, on their sense of justice and sometimes even on their revolutionary traditions. Fascism aims at the most unbridled exploitation of the masses but it approaches them with the most artful anti-capitalist demagogy, taking advantage of the deep hatred of the working people against the plundering bourgeoisie, the banks, the trusts, and financial magnates.” Add to that the deep resentment that Trump supporters had toward law enforcement and the justice system, for going after their felonious master with such unbridled passion. -
0
Economics Thai Air Transport Industry Shines in 2024 with 22% Growth and Record Profits
Picture courtesy of Matichon. Thailand’s air transport sector has emerged as a standout performer in 2024, with impressive growth of 22% and profits soaring to 56.4 billion baht, according to Mrs. Oramon Sapthaweetham, Director-General of the Department of Business Development at the Ministry of Commerce. Mrs. Oramon revealed that 2024 marked a golden year for Thailand’s air transport industry, with both revenue and profitability reaching new highs. This trend is expected to continue, reflecting the global air transport sector’s robust performance, with projected revenues surpassing USD 1 trillion, profits estimated at USD 36.6 billion, over 5.2 billion passengers, and 72.5 million tonnes of air cargo. In Thailand, the air transport industry remains a high-investment, high-barrier sector with few players. This exclusivity stems from the substantial investment required and the need to meet stringent international aviation standards. As a result, the number of newly established entities each year remains limited: four companies were established in 2022, nine in 2023 (an increase of 125%), seven in 2024 (a decrease of 22.23%), and only one company during the first quarter of 2025, with a registered capital of just 200,000 baht. Foreign investment in Thailand’s air transport sector currently totals 7.15 billion baht, accounting for 13.36% of total investment. The top three foreign investors are China (215.16 million baht), Switzerland (206.25 million baht), and Malaysia (204.62 million baht). Over the past three years (2021–2023), the sector’s average annual revenue stood at 268.96 billion baht, with average profits of 56.42 billion baht. In 2021, total revenue reached 190.06 billion baht, with profits of 69.58 billion baht. In 2022, revenue rose by 29.15% to 245.46 billion baht, but profits fell by 62.87% to 25.84 billion baht. In 2023, revenue surged by 51.30% to 371.37 billion baht, and profits climbed by 185.88% to 73.86 billion baht, reflecting a strong recovery from the COVID-19 pandemic’s severe impacts. Currently, Thailand hosts 141 air transport operators, with a combined registered capital of 53.5 billion baht. Of these, 128 (90.78%) are private companies, nine (6.38%) are partnerships, and four (2.84%) are public companies, with the latter accounting for 80.58% of the sector’s registered capital. According to the Civil Aviation Authority of Thailand, the country handled 141 million air passengers in 2024, a 16% increase from 122 million in 2023. Total flights rose by 12% to 886,438, while air cargo volume grew by over 22% to 1.51 million tonnes. The surge was attributed to the reopening of borders, visa waivers, tourism recovery, and the expanding e-commerce sector. Air transport is a critical driver of Thailand’s economy, both in passenger travel and freight. Thailand aims to become a regional aviation hub and climb from 19th to 9th place globally by 2033. According to SCB Economic Intelligence Center (EIC), key factors that could propel Thailand to regional aviation leadership include: 1. Improving airport efficiency and connectivity through public-private cooperation and the adoption of advanced technology. 2. Strengthening Thai-flagged airlines to increase international connectivity, as leading global airports typically rely on national carriers for about 50% of their traffic, while Thailand lags in this area. 3. Continuously upgrading airport infrastructure to ease congestion. 4. Developing an aviation hub focused on environmental, social, and governance (ESG) standards. 5. Enhancing flexibility to address disruptions, including building resilient hub networks and expanding point-to-point and air cargo services. The government is seen as playing a pivotal role in infrastructure development, such as airport runways and air traffic systems, while the private sector must deliver efficient services. Both sectors must collaborate closely to bolster Thai airlines, expand direct flight routes, and integrate technology to boost competitiveness. Mrs. Oramon also warned that the industry must navigate significant risks, including rising aviation costs, geopolitical uncertainties, fluctuating oil prices, and global trade tensions, all of which pose unavoidable challenges for Thai aviation. Adapted by Asean Now from Matichon 2025-04-27. -
52
The Illusion of Liberty: How the Anti-Woke Right Betrayed Its Own Principles
Nearly every 250 years an empire passes Into near obscurity. It truly feels like that is the moment for the US right now, it's been on the decline for at least three decades and nearly every policy that Trump enacts exacerbates the decline, and precipitates it quite dramatically. Not only is he completely avoiding the level of transparency that he promised, with Elon Musk and Doge as a great example of that, but he's going in the opposite direction. It's becoming increasingly more of a Fascist type regime, with heavy dictatorial tendencies, the censoring of media and the oppression of higher education are just a couple of examples. Anyone who's familiar with history knows that those are precursors to a very oppressive strongman type republic. -
8
THAILAND LIVE Thailand Live Sunday 27 April 2025
Motorcyclist Killed After Crashing into Stationary Lorry at Red Light in Chachoengsao Pictures courtesy of Matichon. A young woman has died after riding her motorcycle into the rear of a stationary six-wheeled lorry waiting at a red light in Chachoengsao province during the early hours of 26 April. Full story:https://aseannow.com/topic/1358929-motorcyclist-killed-after-crashing-into-stationary-lorry-at-red-light-in-chachoengsao/ -
6
Trump admits getting fooled
I must admit this is a rare display of courage and morality from the circus clown, for him to criticize Putin is a rather extraordinary thing, and hundreds of millions of people around the world must be shaking their heads and saying finally, finally the man stood up and showed some dignity. Of course Putin was playing him, we knew that, Putin knew that, every Russian and the vast majority of people around the world knew that, the only one that didn't seem to know that was Trump and his sychophantic advisors.
-
-
Popular in The Pub
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now