US Federal Reserve Chair Indicates Potential for Interest Rate Reduction
During his speech at the Federal Reserve’s annual conference, US Federal Reserve Chairman Jerome Powell signaled the possibility of a rate cut at the September meeting but stopped short of…
SRT Board Halts B19bn Red Line Extension
The State Railway of Thailand (SRT) has ordered a review of the 19.6 billion baht Red Line extension from Salaya to Nakhon Pathom, citing concerns about its return on investment.…
Bank of Thailand: 50,000 Baht Transfer Limit Applies Only to Vulnerable Groups
The Bank of Thailand (BOT) swiftly addressed widespread public worries by clarifying that the proposed 50,000 baht daily transfer limit will not apply universally to all customers. The clarification came…
PTT Launches Major Restructuring to Generate 110 Billion Baht Cash
PTT’s restructuring aims to generate over 110 billion baht in cash flow, with targets of 38 billion in 2025 and 77 billion in 2026. The strategy focuses on strengthening core…
Thailand to Launch Crypto-to-Baht Sandbox to Boost Tourism
Thailand is launching the “TouristDigiPay” sandbox to help foreign tourists convert cryptocurrencies into Thai baht for spending, aiming to boost tourism by 10% and add over 175 billion baht to…
BOI and SET partners to attract top firms to Thailand’s new economy
Thailand’s BOI and SET collaborate to attract global firms, promote high-tech industries, and boost long-term economic growth Narit Therdsteerasukdi, Secretary-General of the Board of Investment (BOI), announced on August 15…
EV Sales Reach 18% as Thai Car Market Grows in 2025
Thailand’s automotive market in 2025 sees a slight decline from 2024, with sales reaching about 600,000 units, up from 570,000 last year. The EV sector, however, is booming, with 66,000…
Thailand’s Real Estate Sector Faces Potential Collapse Amid Unprecedented Crisis
Thailand’s real estate market is confronting a historic crisis in 2025, with projections indicating that home loan growth will turn negative for the first time ever. This downturn is driven…
Trump-Putin Summit in Alaska
Photo Credit: Andrew Callabero Reynolds AFP President Donald Trump welcomed Russian President Vladimir Putin with a display of pomp, featuring fighter jets, a red carpet, and the slogan “Pursuing Peace”…
Thailand Weather Alert: Heavy Rain, Flash Floods, and Rough Seas
The Thai Meteorological Department has issued a forecast for heavy rainfall across Thailand this Saturday, August 16, with risks of flash floods in six provinces and stormy seas in the…