KPI looking at a 10% growth in 2025
Krungthai Panich Insurance (KPI) aims to increase its total premiums by 10% next year, despite concerns over escalating risks from natural disasters, the implementation of new accounting standards, and challenges…
Baht to weaken next year with US tariffs coming in
The baht is projected to weaken, reaching 34.50 per US dollar by the end of 2024, and further declining to 35.50 in 2025 as new US government policies are expected…
BOT faces pressure to slash rates
Finance Minister, Pichai Chunhavachira, has reiterated his call for a reduction in the policy interest rate to stimulate inflation, following a recent meeting of the Monetary Policy Committee (MPC). He…
20m Port plan in Bangkok goes ahead
The Port Authority of Thailand (PAT) has allocated a budget of 20 million baht for a feasibility study aimed at developing the first phase of an 800-rai area at Bangkok…
Ministry Targets 5.7% Growth in Digital GDP
The Digital Economy and Society (DES) Ministry forecasts a 5.7% year-on-year growth in digital GDP for this year, which is 2.2 times higher than the projected Thai GDP growth. This…
Mr DIY to open another 200 stores in 2025
Home improvement retailer MR. D.I.Y. (Thailand) is planning to open 200 additional stores in 2025, with an investment budget of 2 billion baht. This aggressive expansion strategy in recent years…
300 Billion Baht has been assigned for six dual-track projects
The Transport Ministry plans to invest nearly 300 billion baht to expand a series of dual railway tracks in the upcoming year. Transport Minister Suriya Jungrungreangkit announced the initiative to…
Thailand to Implement Minimum Tax on Major International Companies Starting in 2025
Thailand plans to implement a minimum corporate tax rate of 15% on large international companies starting next year, according to Finance Minister Pichai Chunhavajira in an interview broadcast on Friday.…
Developer Profits Expected to Decline This Year
Sumitra Wongpakdee, managing director of property research and consultancy Terra Media and Consulting, noted that a sluggish market has forced developers to make significant changes this year. “Many developers have…
5% Increase in Average Salary in Thailand Next Year
The employee salary in Thailand is projected to rise by 5.0% in 2025, similar to this year, as reported by Mercer, a human resources and professional services consultancy. Mercer’s Total…