Thailand Prepares for Increased Influx of Chinese Goods
Thai businesses are urging the government to enhance measures to protect local producers from a potential surge of low-cost goods in light of the new tariffs on Chinese imports imposed…
Cabinet approves Business Hub draft
The cabinet has endorsed the draft Financial Business Hub Act, aimed at creating a central authority tasked with policy formulation and mandating the employment of a specified percentage of Thai…
Domestic Gold Prices May Experience an Increase
Domestic gold prices are expected to continue rising, following a new record of 45,200 baht per baht-weight reached on Tuesday. This surge is attributed to uncertainties around US President Donald…
Cabinet approves the Korat to Nongkhai high speed rail
On Tuesday, the cabinet officially approved the second phase of the Thai-Chinese high-speed train project, extending the line from Nakhon Ratchasima to Nong Khai, with an estimated investment of around…
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…