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Thailand Considers Cross-Border Health Insurance for International Tourists

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Thailand Considers Cross-Border Health Insurance for International Tourists

Thailand’s Public Health Ministry is considering implementing cross-border health insurance requirements for foreigners entering the country to alleviate the financial burden on hospitals located near border areas.


Key Points

  • Medical Inflation Trends: Medical costs in the Asia-Pacific are rising faster than global averages, influencing insurers’ pricing and benefit designs. The gross medical trend in Asia Pacific is projected at 11.8% for 2024, 13.2% for 2025, and 14% for 2026, compared to global trends of 9.5%, 10%, and 10.3%.
  • Regional Projections: For 2026, specific markets project high medical trends: Singapore (16.9%), Taiwan (16.7%), Philippines (16.1%), Malaysia (15.7%), Indonesia (15.1%), and New Zealand (14.9%). Thailand predicts a lower rate of 10.8%, still higher than Hong Kong (9.9%) and Australia (8.3%).
  • Insurer Outlook: Approximately 57% of insurers in the region anticipate elevated medical trends will persist over the next three years, indicating a challenging environment for health funding and insurance strategies.

Rising Medical Costs in Asia-Pacific

Problem driving the proposal: Border hospitals face mounting unpaid bills from treating foreign patients, including refugees and those affected by conflict or disease outbreaks. Some hospitals, like Umphang Hospital near the Thai-Myanmar border, have struggled to pay staff.

Financial data: Uncollectible healthcare costs have been significant — billions of baht annually. In 2024, about 76% of unpaid costs came from the Thai-Myanmar border, with 570,000 service visits generating THB1.8 billion in unpaid bills.

Funding debate: Policymakers are considering a dedicated fund for foreign patient care, initially seeded with THB100–200 million, but questions remain about long-term financing and responsibility.

The accelerating medical cost inflation in the Asia-Pacific region is significantly affecting the health insurance landscape. With a dramatic rise in gross medical trend, projections indicate an increase of 11.8% in 2024, escalating to 13.2% in 2025, and potentially reaching 14% in 2026. These figures starkly contrast with global trends, which are forecasted at lower rates of 9.5%, 10%, and 10.3% over the same period. Countries like Singapore and Taiwan are facing even steeper climbs, with projected rates of 16.9% and 16.7% respectively. Such figures highlight the urgent need for insurers to adapt their strategies to mitigate risks associated with rising healthcare expenses.

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Impact on Insurers’ Strategies

With over half (57%) of insurers anticipating sustained elevated medical trends for the next three years, the implications for pricing, underwriting, and benefit design are profound. In Thailand, despite a projected medical trend of 10.8%, which is below the regional average, it remains critical for insurers to recalibrate their approaches, especially as the costs can still outpace economic growth. Comparatively, countries like Hong Kong and Australia report even lower trends, at 9.9% and 8.3% respectively, indicating a disparate landscape in medical inflation. Insurers must closely monitor these trends and adopt strategic measures to ensure they not only remain competitive but also sustainable in an evolving market.

The Future of Health Funding

Given the ongoing changes in healthcare costs, cross-border health funding reviews in Thailand are notably timely, as they could significantly alter how health services are financed and delivered. Insurers may need to consider innovative funding solutions that can cushion the financial impact on both the insurers and their customers. As medical trends continue to rise, and with forecasts projecting especially high increases in several key markets, the focus will increasingly shift towards sustainable practices in health insurance. Moving forward, addressing these cost challenges will be crucial for maintaining both accessibility and quality of healthcare across the region.

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GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay deal

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GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay deal
Shares of GameStop dropped more than 10% to $23.84 on Monday after doubts surfaced over how the company plans to fund its unexpected $55.5 billion bid for eBay. In an interview with CNBC, CEO Ryan Cohen avoided direct answers on the financing of the proposed deal, saying he did not understand the line of questioning.

According to a letter posted on GameStop’s website, the offer is structured as a half-cash, half-stock deal at $125 per share. The company plans to use around $9.4 billion in cash on hand and has indicated potential debt financing of $20 billion from TD Securities. Including GameStop’s market capitalisation of roughly $11 billion, the total comes to about $40 billion, leaving a gap of $16 billion compared with the bid value.

“Where is the rest of the money coming from?” asked CNBC anchor Becky Quick, following similar questions from co-anchor Andrew Ross Sorkin on the network’s show Squawk Box. “I don’t understand your question,” Cohen said. “We’re offering half cash, half stock, and we have the ability to issue stock to get the deal done. But the full details of the offer are on our website.” GameStop did not respond to further requests for comment.

GameStop’s market valuation stood at about $12 billion as of Friday, significantly lower than eBay’s $46 billion. The retailer gained widespread attention during the 2021 meme stock rally, which elevated Ryan Cohen as a central figure and earned him the label “meme king” among online investors.

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Cohen also said he has not held any discussions with eBay regarding the proposal. eBay confirmed this in a statement on Monday and said it would not comment further until its board has reviewed the offer.


GameStop has built an estimated 5% stake in eBay, largely through derivatives along with some holdings in common stock, according to CEO Ryan Cohen. The remaining portion of the proposed deal is expected to be funded through its cash reserves of about $9.4 billion, along with the option to issue additional shares.
Cohen said this makes GameStop one of eBay’s largest shareholders, adding that the company’s board has a fiduciary responsibility to assess the proposal. He described eBay as a business that is underperforming relative to its potential and said GameStop’s own transformation offers a model for improvement.The Wall Street Journal was the first to report the unsolicited bid. Cohen told the publication he is willing to take the offer directly to shareholders through a proxy fight if required. If the transaction goes through, he is expected to take on the role of Chief Executive Officer of the combined entity, according to GameStop’s statement.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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Keurig Dr Pepper’s Organic Growth To Ease Despite Acquisition-Led Surge

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Keurig Dr Pepper’s Organic Growth To Ease Despite Acquisition-Led Surge

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

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2nm A20 Chip, Variable Aperture Camera and Smaller Dynamic Island for 2026 Debut

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iPhone 17e Release Date

CUPERTINO, Calif. — Apple’s iPhone 18 Pro Max is shaping up as one of the most ambitious upgrades in years, with leaks pointing to a powerful 2nm A20 Pro chip, variable aperture camera system, significantly smaller Dynamic Island and larger battery as the flagship prepares for a September 2026 launch alongside the company’s first foldable iPhone.

iPhone 18 Pro Max
iPhone 18 Pro Max

While still months away from official announcement, supply chain reports, dummy unit leaks and analyst predictions paint a clear picture of meaningful evolution rather than revolution for the 6.9-inch Pro Max. The device will share the spotlight with the iPhone 18 Pro and a new foldable model, expected to be called iPhone Ultra or similar, marking one of Apple’s biggest product line shake-ups in recent memory.

Design and Display Changes

Dummy units and prototype leaks reveal a design largely familiar to iPhone 17 Pro Max owners but with noticeable refinements. The Dynamic Island is reportedly shrinking by 25% or more, measuring around 15mm wide compared to previous generations. Some reports suggest under-display Face ID technology could move key sensors beneath the screen, leaving only a small left-aligned punch-hole for the front camera.

The rear camera bump appears thicker to accommodate larger sensors and rumored new optics. Individual lenses have grown slightly in diameter, reducing spacing between them. Overall device thickness may increase marginally to support bigger batteries while maintaining premium titanium construction.

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Display technology is expected to advance with improved LTPO panels offering 1-120Hz variable refresh rates and potentially higher peak brightness. The 6.9-inch Super Retina XDR OLED will continue to lead the lineup in size and quality.

Color Options and Materials

Black may be absent for a second consecutive year. Leaks point to a deep red or Dark Cherry finish as a potential hero color, along with Light Blue, Dark Gray and classic Silver or Natural Titanium variants. Apple is reportedly testing vibrant new anodized or PVD-coated options to refresh the aesthetic lineup.

Performance and Chipset

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The star of the show is expected to be Apple’s A20 Pro chip, built on TSMC’s advanced 2nm process. This represents a major leap in efficiency and power, with projections of up to 15% faster CPU performance and 30% better energy efficiency compared to the A19 series. Wafer-level multi-chip module technology will integrate RAM directly with the processor, boosting Apple Intelligence capabilities and allowing more internal space for other components.

Rumors suggest 12GB of RAM across Pro models, with storage options reaching up to 2TB. A custom C2 modem should improve satellite connectivity, 5G speeds and power management.

Camera Upgrades

Photography enthusiasts have the most to look forward to. The iPhone 18 Pro Max is widely expected to introduce a variable aperture system on the main 48MP camera, allowing adjustable f-stops for better depth control, low-light performance and creative effects. All three rear lenses — main, ultrawide and periscope telephoto — could see resolution and quality bumps, with potential for 8K video recording.

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The front camera may upgrade to 18MP or higher, paired with the evolving Face ID system. These changes position the Pro Max as a serious tool for content creators and professional photographers.

Battery and Charging

Battery life remains a top priority. Leaks indicate capacity could reach 5,100 to 5,200mAh or higher in the Pro Max, enabled by the more efficient chip and slight design adjustments. Faster wired charging up to 40W and improved wireless options are also anticipated, addressing long-standing user feedback.

AI and Software Features

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Deeper integration with Apple Intelligence is expected, potentially including advanced on-device processing for new features like nutrition scanning, enhanced photo editing and smarter system optimizations. The hardware upgrades will unlock capabilities that may not be fully available on older models.

Pricing and Availability

Pricing is expected to start around $1,199 for the iPhone 18 Pro Max, maintaining or slightly increasing from current levels due to advanced components. Pre-orders would likely begin shortly after the September event, with availability later that month.

The standard iPhone 18 and more affordable variants are reportedly delayed to spring 2027, making the fall 2026 lineup heavily Pro- and foldable-focused.

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Broader Context

These developments come as Apple navigates a competitive landscape with foldables gaining traction. The iPhone 18 Pro Max serves as a bridge between traditional slab phones and the new foldable era, delivering incremental but meaningful upgrades while the company bets big on its first foldable device.

Analysts caution that many details could still shift before launch. Supply chain reports and dummy units provide strong signals, but final specifications always depend on Apple’s rigorous testing and last-minute decisions.

For now, excitement continues to build around what could be one of the most capable iPhones yet. With a cutting-edge processor, refined design and camera innovations, the iPhone 18 Pro Max promises to set new standards when it arrives this fall. Tech enthusiasts and prospective buyers will be watching closely as more concrete information emerges in the coming months.

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Welborn heartened by state of rugby in WA

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Welborn heartened by state of rugby in WA

Rugby WA chair John Welborn says rugby union is riding positive momentum at both community and professional level.

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ECU confirms CBD expansion

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ECU confirms CBD expansion

The university plans to grow its Perth campus into Kings Square 3, following its recent acquisition of that building.

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LATCH Solves Puzzle 1781 in Tough Early-Week Challenge

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Air travellers wearing a protective face masks, amid the coronavirus disease (COVID-19) pandemic, at JFK International airport in New York

NEW YORK — The New York Times Wordle answer for Tuesday, May 5, 2026, is LATCH, giving players a moderately challenging start to the week with a five-letter word that doubles as both a common household object and a verb meaning to fasten or attach firmly.

Wordle #1781 tested solvers with a word containing common consonants and a single vowel, starting with L and ending in a soft CH sound. The solution refers to a fastening device on doors, gates or windows — or the action of securing something in place. It also carries figurative meanings, such as latching onto an idea or opportunity.

Players who opened with strong starters like RAISE, SLATE or CRANE likely narrowed possibilities quickly, though the combination of L, A, T, C and H proved elusive for many. According to early community reports on platforms like Reddit, average scores hovered around 4.2 guesses, with a notable spike in six-guess finishes compared to easier recent puzzles.

How Players Solved It

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Many successful solvers began with vowel-heavy openers and pivoted after identifying the A early. Common paths included testing words with T and CH clusters. One popular sequence shared online: STEAL → TALON → FAULT → LATCH, securing the win in four guesses.

Hard-mode players faced extra difficulty, as rules require using confirmed letters in subsequent guesses. The absence of repeated letters and the less common “TCH” ending caught some off guard after early vowel or R-heavy attempts.

The New York Times noted the word’s dual noun-verb usage in its official review, highlighting its everyday relevance. Webster’s defines it as a bar or catch that falls into a notch, or the act of fastening with such a device.

Wordle’s Enduring Popularity

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Since its acquisition by The New York Times in 2022, Wordle has maintained massive daily engagement, with millions attempting the single daily puzzle worldwide. The game’s simple green-yellow-gray feedback system, limited to six tries, creates a perfect balance of accessibility and challenge that keeps players returning.

May 2026 has delivered a mix of straightforward and trickier solutions. Monday’s answer, RISER, focused on a common architectural term, while Tuesday’s LATCH shifted toward practical objects. The puzzle’s difficulty curve keeps the community engaged, with dedicated trackers and analysis sites breaking down statistics like letter frequency and solve distributions.

Social media platforms buzz with reactions each morning. On X and Reddit’s r/wordle community, players share grids, celebrate streaks and commiserate over tough days. Hashtags like #Wordle1781 and #WordleToday trended as solvers discussed strategies and near-misses involving similar words like CATCH, MATCH or BATCH.

Tips for Future Puzzles

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Wordle enthusiasts recommend starting with words containing multiple vowels and common consonants — ADIEU, SLATE or CRANE remain popular. Tracking eliminated letters helps narrow options efficiently. For harder days, considering double meanings or less obvious usages can unlock solutions faster.

The game also offers optional variants like Wordle Unlimited for practice and connections-style spin-offs, but the official daily puzzle retains its special status. Families and offices often compete for lowest average scores, turning the simple word game into a daily ritual.

Cultural Impact and Community

Wordle’s influence extends beyond casual play. It has inspired books, merchandise, classroom vocabulary exercises and even competitive leagues. Its accessibility appeals across age groups, with many older players appreciating the mental exercise and younger users enjoying the social sharing aspect.

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The NYT continues subtle updates while preserving the core experience that made it a phenomenon. No ads interrupt the clean interface, and the single daily puzzle prevents bingeing while building anticipation. This restraint has contributed to its longevity in an era of attention-grabbing apps.

For those who missed LATCH, tomorrow brings a fresh challenge. Wordle resets at midnight in each time zone, offering another opportunity to build or maintain streaks. Serious players guard multi-month streaks carefully, with some reaching hundreds of consecutive solves.

Broader Word Game Trends

Wordle’s success has spawned numerous imitators and related games, from geography-focused Worldle to music Quordle variants. The NYT portfolio now includes Connections, Mini Crosswords and Strands, creating a daily puzzle ecosystem that keeps word lovers engaged.

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Educators note benefits including improved vocabulary, pattern recognition and deductive reasoning. The game’s gentle difficulty curve makes it suitable for all skill levels while rewarding strategic thinking.

As May 5, 2026, draws to a close, solvers reflect on their performance with LATCH. Whether celebrated in four guesses or salvaged in six, the word provided a satisfying mental workout. The global Wordle community will reconvene tomorrow for puzzle #1782, ready for whatever five letters the New York Times has prepared next.

For players seeking yesterday’s solution, May 4’s Wordle was RISER. Archives and analysis sites offer complete historical lists for those tracking patterns or curious about past answers.

The simplicity and universality of Wordle ensure its place in daily routines. On a day when LATCH clicked for thousands, it reminded players why this unassuming game continues captivating millions years after its viral explosion. One puzzle at a time, one green square at a time, the streak lives on.

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Sushi chain to open five new UK sites including in Bristol and Ipswich

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The fast-growing brand is looking to establish 100 branches by 2030

Iro Sushi is opening five new locations in Basingstoke, Bristol, Ipswich, Ilford and Maidenhead

Iro Sushi is opening five new locations in Basingstoke, Bristol, Ipswich, Ilford and Maidenhead(Image: Iro Sushi)

A fast-growing sushi chain is opening five new UK sites as part of an ambitious expansion strategy. Iro Sushi has agreed deals to open outlets in Bristol, Basingstoke, Ipswich, Ilford and Maidenhead.

The brand, which was founded in 2014 by trained sushi chef Chhong Sherpa, serves fresh, made-to-order, restaurant-quality sushi and Japanese-inspired dishes.

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The new openings will take chain’s estate to 38 locations, strengthening its presence in existing regions including the Thames Valley and Home Counties, while also marking entry into new towns and cities such as Bristol and Ipswich.

It is understood the design of the new stores will be inspired by ‘Izakayas’ – a traditional Japanese drinking establishment, but will also use technology to drive operational performance.

Mr Sherpa said: “This is another significant milestone for Iro Sushi. Over the last six months, we’ve worked hard to refine our proposition with the launch of our new store format and continue evolving our menu.

“Now, with the foundations firmly in place, we’re ready to turbocharge our growth with the opening of new sites across the UK.”

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Mr Sherpa said the openings would “create new opportunities” for the company to introduce the brand to more consumers. “[It will also] take Iro Sushi a step closer to becoming the brand of choice for lovers of sushi and Japanese cuisine across the country,” he added.

The new signings follow continued momentum across the business for Iro Sushi. Last year, the group delivered system sales of £18.5m, up 29 per cent year-on-year, and 19 per cent on a like-for-like basis.

According to Iro Sushi, the company has a “growing pipeline of committed sites and franchise partners” and is on track to deliver on its ambition to reach 100 locations by 2030.

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'Vodafone sold us a dream – the reality was something different'

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'Vodafone sold us a dream - the reality was something different'

Two women from Lincolnshire are among 62 former franchisees taking the phone company to court.

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(PHOTO) Tate McRae Shines as Golden Goddess in Custom Ludovic de Saint Sernin Gown at First Met Gala

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Tate McRae

NEW YORK — Pop star Tate McRae made a dazzling debut on fashion’s biggest stage Monday night, gliding down the Met Gala red carpet in a luminous custom gold gown that perfectly embodied the “Fashion Is Art” theme and cemented her status as one of the evening’s breakout style stars.

Tate McRae
Tate McRae

The 22-year-old Canadian singer, known for hits like “Greedy” and her rising dance-pop dominance, arrived at the Metropolitan Museum of Art radiating confidence in her first-ever Met Gala appearance. Her look, a collaboration with designer Ludovic de Saint Sernin, transformed her into a living sculpture of golden-hour glamour.

The floor-skimming gown featured intricate lace detailing through the bodice, fluid Grecian-inspired pleats, and soft draping that skimmed her figure with effortless movement. Delicate feathering at the neckline added texture and dimension, while the warm metallic finish caught every flash of light as she ascended the iconic steps. Styled with jewelry from The Back Vault, the ensemble balanced ethereal beauty with modern edge.

McRae told Vogue interviewer Emma Chamberlain on the carpet that she felt “a little nervous” walking her first Met but was thrilled to collaborate with de Saint Sernin, with whom she has worked closely over the past nine months. “He’s actually here tonight,” she shared, highlighting the personal connection behind the custom creation.

A Perfect Fit for ‘Fashion Is Art’

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The 2026 Met Gala honored the Costume Institute’s “Costume Art” exhibition, challenging guests to treat fashion as fine art. McRae’s golden goddess interpretation stood out for its sculptural quality and luminous palette, evoking classical statues brought to life. Critics and fans quickly dubbed her a highlight, with social media exploding over the “golden goddess” aesthetic.

Stylists Chloe and Chenelle, who helped execute the look, emphasized its focus on movement and light. The gown’s construction allowed for dramatic yet natural flow, making McRae appear as if she had stepped out of a Renaissance painting or ancient frieze reimagined for the 21st century.

Her hair and makeup complemented the theme with soft, undone waves and glowing, sun-kissed tones that enhanced the metallic fabric. Minimal yet impactful accessories kept the focus on the gown’s artistry, proving that restraint can be as powerful as extravagance on the Met carpet.

From Dance Floors to High Fashion

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McRae’s Met Gala debut caps a meteoric year that included her first Grammy nomination and high-profile red carpet appearances, such as a striking custom Balenciaga look at the 2026 Grammys. Her evolution from viral TikTok dancer to fashion risk-taker has been deliberate, with bold choices that blend pop accessibility and couture ambition.

This gold moment builds on recent successes, including a plunging red Ludovic de Saint Sernin gown at the Vanity Fair Oscar Party. Her growing partnership with the designer reflects a shared vision of sensual, body-conscious dressing with artistic depth.

Industry insiders note McRae’s appeal lies in her authenticity. Unlike some attendees who opted for overt theatricality, her look felt personal — a celebration of confidence and femininity that resonated widely. Fans flooded social platforms praising the “effortless” yet meticulously crafted result.

Reactions and Cultural Impact

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Social media lit up within minutes of her arrival. Hashtags like #TateMcRaeMetGala and #GoldenGoddess trended as users shared side-by-side comparisons to classical art and modern icons. Fashion commentators hailed it as one of the night’s most wearable yet memorable interpretations of the theme.

Cosmopolitan and other outlets quickly named her among the best dressed, noting how the gown’s luminous quality stood out against the evening’s varied palette. The look’s success underscores McRae’s transition into a new phase of her career where music and fashion mutually reinforce her brand.

De Saint Sernin, known for provocative and body-positive designs, found an ideal muse in McRae. The collaboration reportedly involved extensive fittings to ensure the gown moved with her signature dance-trained grace. Sources close to the process described it as a true artistic partnership rather than a standard celebrity dressing.

Broader Evening Context

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McRae’s appearance fit into a night filled with artistic statements. Co-chairs including Beyoncé and Anna Wintour set an elevated tone, while fellow newcomers and veterans alike embraced painting, sculpture and performance-inspired looks. Her golden ensemble provided a warm, radiant counterpoint to more dramatic or minimalist offerings.

The Met Gala remains one of the year’s most scrutinized events, raising millions for the Costume Institute while shaping fashion conversations for months. McRae’s debut adds her name to a growing list of young musicians using the platform to expand their cultural footprint beyond charts and streams.

For McRae, the night represented more than fashion. In interviews leading up to the event, she spoke about embracing vulnerability and growth. Her poised carpet walk and genuine excitement in post-arrival chats reflected that mindset, charming observers and solidifying fan loyalty.

Looking Ahead

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As McRae continues her global tour and prepares new music, last night’s Met moment will likely influence her upcoming public appearances. The golden gown’s success may open doors to further high-fashion collaborations and cement her as a red-carpet force.

Fans can expect more boundary-pushing style from the artist who once said she wants her fashion to feel as free and expressive as her dancing. Monday’s Met Gala debut delivered exactly that — a luminous, artistic statement from a star clearly comfortable in the spotlight.

Tate McRae’s first Met Gala wasn’t just an attendance; it was a declaration. In a sea of elaborate creations, her golden goddess look shone with clarity, confidence and artistry, marking her arrival as a multifaceted talent ready to conquer both stages and staircases.

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Amazon opens supply chain services to all shippers; stocks plunge, reaction overdone says Stifel

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Amazon opens supply chain services to all shippers; stocks plunge, reaction overdone says Stifel

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