SET Index Expected to Drop to 1,250 Points Following U.S. Tariff Increases
Stock market analysts and asset management executives are now predicting that the Thai index may drop to 1,250 points or lower in the short term due to U.S. President Donald…
Gulf Pursues Power Plant Development in the U.S.
Gulf Energy Development, Thailand’s largest power company by market capitalization, is planning to acquire a new gas-fired power plant in the U.S. with a generation capacity of 1,000 megawatts, marking…
Big C opening more stores in 2025
Big C is set to expand its operations by opening new hypermarkets and convenience stores despite facing a tough economic environment. Aswin Techajareonvikul, the CEO and president of Big C…
Finace ministry is keen to see rate cuts this year
Thailand’s finance ministry is advocating for a reduction in interest rates this year to better align with economic fundamentals and plans to consult with the central bank regarding monetary policy…
Market Summary for January 31, 2025: Thailand’s SET Index Declines by 1.58% to 1,314.50
Thailand’s SET Index experienced a decline of 1.58%, closing at 1,314.50 points, primarily driven by sell-offs in large-cap stocks and profit-taking in the banking sector. Trading volume reached 53.36 billion…
Central Bank: Weak Consumption Limiting Growth of Thai Economy
Thailand’s economic growth may face challenges this year after experiencing a weaker-than-anticipated fourth quarter, during which consumption sharply declined despite a government cash handout intended to boost sluggish growth, according…
Phuket Considered for Cryptocurrency Sandbox
In a welcomed move for cryptocurrency advocates, former Prime Minister Thaksin Shinawatra recently proposed utilizing Phuket province as a Bitcoin sandbox aimed at boosting tourism by encouraging digital currency spending…
Bank of Thailand Cracks Down on Mule Accounts
The Bank of Thailand is tightening regulations on financial transactions to combat mule accounts and plans to implement stricter measures for digital assets and e-wallets in the upcoming phase. Roong…
Pichai Endorses Decree for Rapid SEC Penalties
Finance Minister Pichai Chunhavajira has pledged to advocate for an emergency decree that would enhance the Securities and Exchange Commission’s (SEC) authority to penalize offenders swiftly. During his keynote address…
Thai Data Protection Agency Identifies 11 Apps as Suspicious
The Personal Data Protection Committee (PDPC) has sent a list of 11 suspicious mobile applications found on the Google Play Store to the Bank of Thailand for investigation into their…