Bank of Thailand Maintains Key Interest Rate at 2.50%
The Bank of Thailand (BoT) maintained its key interest rate at 2.50% during Wednesday’s meeting, marking the fifth consecutive time the rate has remained unchanged. This decision was anticipated given…
Thai Economy on the Brink of Crisis
Thailand’s economy is on the verge of crisis due to falling exports and a lack of competitiveness in manufacturing, according to caretaker Finance Minister Pichai Chunhavajira, who spoke at a…
Yunnan Checkpoint Opening to Accelerate Thai Fruit Exports
China inaugurated a new checkpoint at the Guan Lei port in Yunnan province on August 5, facilitating the export of Thai fruit along the Mekong River. Caretaker Commerce Minister Phumtham…
PTT to Focus on Electric Vehicle Charging Services
National oil and gas company PTT Plc is shifting its focus more towards electric vehicle (EV) charging services in response to the growing EV market in Thailand, while also considering…
Analysts Anticipate Stable Policy Rates
The Bank of Thailand is anticipated to maintain its policy rate at a decade-high of 2.5% during its meeting on Wednesday. However, analysts indicate a growing chance of a rate…
Pressure for Rate Cuts Mounts on Bank of Thailand from New Prime Minister
Thailand’s central bank is expected to maintain its policy rate at a decade-high level this week, as the economy picks up momentum. However, uncertainties surrounding a 145 billion baht cash…
BGRIM Reports 2.3% Profit Growth in the First Half of the Year
B.Grimm Power Plc (BGRIM) reported robust normalized net profit for the first half of this year and outlined plans to enhance investment partnerships and grow its renewable energy portfolio. President…
TikTok Shop Achieves 500% Growth in Gross Merchandise Value (GMV)
Despite the sluggish economic climate, TikTok Shop has reported over 500% growth in gross merchandise value (GMV) within its live commerce sector over the past eight months, according to the…
FTI Reports Increase in Losses to B170 Million for Thai Hotels
Combined losses among Thai hotels due to the collapse of the German tour operator FTI Group have escalated to 170 million baht, up from 111 million baht reported in a…
Etihad A321LR: Business Plus or First Class?
Etihad Airways’ new Airbus A321LR jets are poised to elevate the travel experience beyond traditional business class, as the front row of the single-aisle aircraft is being marketed as ‘first…