China issues warning to EV manufacturers regarding price competition
Earlier this week, Chinese officials called in leaders from leading electric vehicle (EV) manufacturers, including BYD, to Beijing to discuss the ongoing price war and related industry issues. The gathering…
Bank of Thailand Chief Contender Supports Bold Interest Rate Reductions
Photo Credit: SCB EIB Thailand should take a more assertive approach in reducing borrowing costs amid sluggish economic growth and muted inflation, according to Somprawin Manprasert, a candidate for the…
Bangkok Condo Prices Rise 3.4% in Q1
The price index for new condominiums in Greater Bangkok rose by 3.4% year-on-year in the first quarter of 2025, marking the second consecutive quarter of gains above 3%, according to…
Bitcoin Gains Ground as a Global Investment Asset
Bitcoin is gaining traction as a global investment asset, with international and Thai companies increasingly adding the cryptocurrency to their balance sheets. Advocates say this trend is reinforcing Bitcoin’s role…
Trump and Xi Discuss Trade War in Long-Anticipated Phone Call
U.S. President Donald Trump and Chinese President Xi Jinping held a long-anticipated phone call on Thursday as both leaders sought to ease rising trade tensions between the world’s two largest…
Trump announces travel ban barring nationals of a dozen countries from entering the United States
U.S. President Donald Trump has reinstated a travel ban affecting nationals from 12 countries, echoing his controversial 2017 “Muslim ban.” The new restrictions, set to take effect Monday at midnight,…
Thaifex-Anuga Generates 135 Billion Baht in Revenue
Thaifex-Anuga Asia 2025, Asia’s premier food and beverage trade exhibition, attracted more than 142,000 visitors and generated over 135 billion baht in trade value, according to the Commerce Ministry. Commerce…
Thailand adopts new strategy to boost foreign income inflows
Thailand’s Revenue Department is revising its approach to the taxation of foreign-sourced income, aiming to attract more capital into the country. Instead of taxing every baht of income brought in…
Brokerages Forecast Significant SET Index Volatility in June
Despite easing concerns over Thailand’s credit rating and renewed optimism for US-China trade negotiations, analysts expect significant volatility in the Thai stock market this month due to rising domestic political…
Gulf Plans to Raise B300bn in Major Debt Expansion
SET-listed Gulf Development, Thailand’s largest power producer by market value and a growing force in telecoms, has unveiled a major fundraising plan worth 300 billion baht to refinance existing debt…