OCBC, Bangkok Bank, and First Abu Dhabi Participate in Hong Kong’s $14 Billion Offshore Yuan Initiative
Photo Credit: Reuters Leading financial institutions from Southeast Asia and the Middle East—including OCBC, Bangkok Bank, First Abu Dhabi Bank, and Qatar National Bank—have joined Hong Kong’s expanded yuan liquidity…
SET Posts with the weakest performance in the region
The Stock Exchange of Thailand (SET) faces ongoing structural and cyclical hurdles in 2026, following its record-low performance within the region in 2025. After the index declined over 10% in…
Cabinet Approves New Regulations for Additional Taxation
The cabinet has approved in principle a set of decrees and regulations under the 2024 Top-Up Tax Act to specify detailed guidelines for the imposition and calculation of the tax,…
EV Insurance Demand Grows Amid Rising Claim Costs
Thailand’s electric vehicle (EV) insurance market is experiencing unprecedented expansion, driven by rapid growth in EV sales led by Chinese brands that have surpassed Japanese automakers in market share. This…
BoT Increases Oversight of Foreign Currency Transactions
The Bank of Thailand (BoT) has strengthen its regulatory oversight of inbound foreign exchange transactions to help curb baht appreciation and prevent misreported or illicit capital inflows, according to a…
Tourism Continues to Remain a Stagnant Driver
In 2025, Thailand’s tourism sector experienced its first decline since the pandemic, hindered by various setbacks that eroded traveler confidence. The Tourism Authority of Thailand revised its 2025 forecast to…
Thai Rice Exports Could Decline by Up to 12.5% in 2026 Due to Stronger Baht
Photo Credit: Reuters Thailand’s rice exports are expected to decrease to around 7 million tonnes in 2026 from approximately 8 million tonnes in 2025, primarily due to the strengthening baht,…
Thailand Implements Stricter Regulations on Reporting Cash Inflows from Non-Residents
The Bank of Thailand is increasing scrutiny of capital inflows from non-residents as part of its strategy to regulate the baht’s fluctuations. Starting Monday, Thai banks will be required to…
The US dollar is headed for its worst year since 2003.
Photo Credit: Getty Images The US dollar is on track for its worst annual performance in over two decades, declining nearly 10% this year, driven by investor expectations of further…
Urgent Call to Tackle Capital Inflows Damaging Exporters
The Thai National Shippers’ Council (TNSC) has expressed concern over the appreciation of the baht, which they believe may be driven by foreign capital inflows rather than the country’s actual…