Asian Stocks Surge on Positive US Economic Outlook
Asian stocks rallied on Friday as investors returned to risk assets following encouraging US jobs and retail sales figures that alleviated recession fears. The Thai index climbed back above 1,300…
Pruksa Reduces Value of New Developments by 2 Billion Baht
The company has called on the incoming prime minister and cabinet to sustain economic stimulus initiatives. Uten Lohachitpitaks, the group chief executive of Pruksa, expressed concerns about Thailand’s economic situation,…
Paetongtarn Shinawatra Voted as the 31st Prime Minister of Thailand
On Friday, the House of Representatives elected Paetongtarn “Ung Ing” Shinawatra, leader of the Pheu Thai Party, as Thailand’s 31st prime minister. She received 319 votes in favor, 145 against,…
Institute Forecasts 8.8% Increase in Food Exports to 1.6 Trillion Baht
Thailand’s food exports are projected to grow by 8.8% year-on-year, reaching 1.6 trillion baht this year, driven by rising global demand and decreasing raw material prices, according to the National…
CPN reported a 21% increase in revenue for the second quarter.
Central Pattana (CPN) announced its total revenue for the second quarter at 13.5 billion baht, reflecting a 21% increase year-on-year, alongside a net profit of 4.56 billion baht, which is…
Thai Lion Air beefs up its fleet and adding more routes
Thai Lion Air is expanding its fleet and resuming routes in response to the increasing tourism demand, aiming to serve 6-7 million passengers and achieve profitability for the first time…
Ministry Calls on Japan to Invest in Red Line Project
The Ministry of Transport has invited Japanese companies to invest in the extension networks of the Red Line electric train system. On Wednesday, Transport Minister Suriya Jungrungreangkit welcomed new Japanese…
Five Injured in Boat Collision on the Chao Phraya River
Five individuals, including two foreigners, sustained injuries when an empty boat collided with their express boat on the Chao Phraya River in Bangkok on Thursday. The Marine Department reported that…
Pheu Thai decides to stick to the digital wallet as planned
The 10,000-baht digital wallet project is facing uncertainty following the dissolution of the previous cabinet; however, the Pheu Thai Party remains committed to advocating for this flagship policy in the…
UOB Supports Companies in Their Regional Expansion Initiatives
UOB Thailand is dedicated to assisting major local corporations in their efforts to expand into Southeast Asia in order to tap into the significant growth potential of regional economies, while…