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Month: September 2024

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  • Inflation Rises by 0.35% in August

Inflation Rises by 0.35% in August

Inflation rose by 0.35% in August, largely driven by an increase in prices for fresh vegetables and fruits due to flood damage in key production areas. Poonpong Naiyanapakorn, director-general of…

Thai Stocks and Baht Surge Following Cabinet News

Thai stocks experienced their largest increase since March of last year, while the baht also saw a significant rise due to positive sentiment regarding policy stability following the establishment of…

Sugar Production Remains Sufficient Despite Drought Impacts

The domestic sugar supply is adequate to meet demand from both industrial and household sectors this year, with total consumption reaching 1.27 million tonnes in the first half, according to…

Singha Estate Sells 56 Rai of Land to Taiwanese Company

SET-listed Singha Estate has sold 56 rai of industrial land in Ang Thong to a Taiwanese printed circuit board (PCB) manufacturer, potentially paving the way for further development of Thailand’s…

Ayutthaya Prepares for Potential Flash Floods

The Royal Irrigation Department has alerted residents in certain areas of Ayutthaya to prepare for potential flash floods as the Chao Phraya River continues to rise. This situation is being…

Australians Required to Obtain ETA for Entry into Thailand

Australians planning to travel to Thailand will soon need to complete an additional requirement before boarding their flights. The Thai government is implementing a mandatory electronic travel authorization (ETA) that…

Cathay’s Airbus Fleet Set to Resume Full Service on Saturday

On Wednesday, Cathay Pacific Airways announced that its Airbus A350 fleet would return to full operations by Saturday. This comes after the airline identified 15 aircraft that required fuel line…

Temu’s Impact May Escalate Price Wars

While it remains early to assess the long-term effects of Temu, the Chinese e-commerce powerhouse, on Thailand’s e-commerce landscape and the broader region, market analytics firm Cube Asia suggests that…

SCB Anticipates Interest Rate Cut Later This Year

Siam Commercial Bank (SCB) anticipates that the Bank of Thailand will start cutting its policy rate later this year, with further reductions likely to follow into early next year. This…

49 ‘High-Risk’ Areas Identified in Phuket

Old Phuket Town is among 49 locations classified as vulnerable to flash floods or landslides, according to the Mineral Resources Department, which reported on Tuesday that the tourist island is…