Nation Thailand news website, breaking news : Nation Thailand

Thailand’s state hospitals are projected to have accumulated losses of more than THB17 billion as unpaid drug bills near THB60 billion, prompting the Federation of Thai Industries to urge the government to clear the debt so drugmakers can secure raw materials amid the conflict in the Middle East.

Former embassy sites in prime central Bangkok locations, including those of the UK, Japan and Australia, have been acquired for major property developments, pushing land prices sharply higher.

Gold prices in Thailand fell sharply on March 19 after 53 intraday adjustments, with local bullion closing at 73,100 baht per baht-weight as a stronger dollar, rising US bond yields and hawkish Federal Reserve signals hit the global market.