Cathay group to invest over $100 Billion HKD in the next seven years
Cathay Group, the parent company of Cathay Pacific (CX, Hong Kong International) and HK Express (UO, Hong Kong International), has announced plans to invest over HKD 100 billion (approximately USD…
Anticipated Rate Cuts by BoT Amid Slowing US Economy This Year
According to KGI Securities (Thailand), the US economy is anticipated to experience a cyclical slowdown beginning in late 2024 and extending into 2025, prompting the Bank of Thailand (BoT) to…
Dual tracks open on the southern line
The double-track railway along the southern line of the State Railway of Thailand, running from Nakhon Pathom to Chumphon, has officially launched, as announced by the agency on Monday. Ekarat…
Initiative to Establish a Financial Hub Underway
Deputy Finance Minister Paopoom Rojanasakul revealed that Finance Minister Pichai Chunhavajira has signed an order to form this committee, with Mr. Paopoom serving as its chairman. The committee’s inaugural meeting…
OTP Plans to Invest Nearly B9 Billion for Water Transport Expansion
The Office of Transport and Traffic Policy Planning (OTP) has announced plans to invest 8.87 billion baht to enhance the water transport network in Bangkok and its surrounding provinces. Panya…
Cabinet to Consider Establishing a Credit Guarantee Agency
The proposal to create the National Credit Guarantee Agency (NaCGA), a new entity intended to provide credit guarantees for businesses and individuals, is anticipated to be presented to the cabinet…
Border and Transit Trade Increases by 3.6% in the First Half, Reaching B912 Billion
Border and transit trade during the first half of this year reached 912 billion baht, reflecting a 3.6% increase, according to the Foreign Trade Department. Ronnarong Phoolpipat, the director-general of…
Jasmine Shortage Leads to Imports from Indonesia
Fluctuating weather conditions have caused a surge in prices and a shortage of local jasmine flowers this Mother’s Day, as reported by local sources. In Khon Kaen, many florists at…
Casino bill to be finalized by government
The government is moving forward with a bill to legalize casinos within entertainment complexes in the country. As per government sources, the Finance Ministry has completed the draft for the…
Thai Government to Introduce Price Reduction Initiative
Thailand’s Commerce Ministry is partnering with the private sector to launch a price reduction campaign for goods and services in the lead-up to the highly anticipated digital wallet scheme. On…