Car production in Thailand increased by 4.72% in July
Car production in Thailand experienced a notable increase of 4.72% in July compared to the corresponding period last year. This growth was primarily driven by the surge in car exports,…
An overview of the Thai Banking in Q2 2023
The Thai banking system has demonstrated resilience in the second quarter of 2023, boasting intense capital levels, substantial loan loss provisions, and robust liquidity despite a slight contraction in loans…
Institutes predicts sales of 50,000 EV cars
According to the Thailand Automotive Institute (TAI), despite low purchasing power, high household debt, and banks’ tougher auto loan requirements, sales of electric vehicles (EV) are anticipated to exceed a…
Thailand and China’s province Yunnan sign a FTA (Free Trade Agreement)
Thailand and the Yunnan province of China have inked a mini-free trade agreement in an effort to increase collaboration in fields including logistics and international e-commerce. A mini-free trade agreement…
Chinese buyers gradually cool on Thailand
Thailand dropped to fifth place among Chinese property buyers’ preferred locations, down one spot from the previous year and the number one spot in 2021, as a result of a…
Thailands NPL hits the 1 trillion mark
According to data from the National Credit Bureau, both before and after the Bank of Thailand (BOT) revised the data, household debt in Thailand was 15.96 trillion baht at the…
BOT (Bank of Thailand) raises key interest rate to highest level in 9 years
Concerns about rising prices prompted the Bank of Thailand to hike its key interest rate to a nine-year high of 2.25%. The Bank of Thailand hiked its benchmark interest rate…
The Ashton on Asoke is in a legal crisis due to the construction permit
The stunning 50-story Ashton Asoke Condominium in Bangkok is embroiled in controversy. Chadchart Sittipunt, the governor of Bangkok, is under increasing pressure to step in after the Supreme Administrative Court…
Thai exports declined for 9 consecutive months
Although Thailand’s exports have fallen for nine straight months, there is optimism for a turnaround in the second half of the year. Because of significant trading partners like China and…
The Saudi and Thai prospect
In 2022, diplomatic ties between Saudi Arabia and Thailand were restored, putting an end to a decades-long conflict between the two nations. As a result, economic cooperation increased. For a…