Thai Exports Surge 7% in August, Surpassing Expectations.
Thailand’s exports increased for the second consecutive month in August, the Ministry of Commerce reported on Wednesday, while maintaining its forecast of 1-2% growth for the year, despite the baht…
Thai king signs same-sex marriage into law
The Thai king has signed same-sex marriage into law, the official Royal Gazette said Tuesday, making Thailand the first country in Southeast Asia to recognise marriage equality. King Maha Vajiralongkorn…
Condor resumes flights to Thailand
Condor has resumed its flights to Thailand, launching services to Phuket and Bangkok from Frankfurt last weekend. The airline’s new Airbus A330neo aircraft, designed for enhanced passenger comfort with spacious…
SC Targets B10 Billion in Revenue from New Sectors.
SET-listed SC Asset Corporation plans to invest 20 billion baht from 2025 to 2029 in logistics, hotels, and office rentals, aiming to generate a total revenue of 10 billion baht…
As Baht Strengthens, Thai Interest Rates Set for Potential Cut.
The rapid rise of the baht may lead the Bank of Thailand to reduce interest rates as soon as its meeting in mid-October, according to analysts, who believe that continued…
Cabinet Allocates B7.12 Billion for Electric Vehicle Subsidies
The cabinet has approved the allocation of 7.12 billion baht from the central reserve budget designated for emergency and essential purposes to support the electric vehicle (EV) subsidy program. After…
OPEC+ Postpones Production Increase After Oil Prices Decline.
The average price of ICE Brent crude oil during the third quarter of 2024 (from July 1 to September 9) was $80.4 per barrel, a decrease from $84.9 per barrel…
China seen as keeping Thai inflation low
Thailand’s inflation rate is currently not a significant concern, as the country is being affected by what the chairman of the state planning agency describes as “exported deflation” from China.…
EV Manufacturers Required to Produce Car Parts in Thailand by 2026
Car manufacturers benefiting from the government’s electric vehicle (EV) promotion initiatives are required to invest in the domestic production of essential EV components by 2026, according to the head of…
Baht Reaches 19-Month Peak Against the US Dollar
The baht has surged to a 19-month high against the US dollar, boosted by a weakening dollar and profit-taking in gold. On Monday, the baht opened at 32.92 per dollar,…