Bank of Thailand Reduces Interest Rates to Stimulate Struggling Economy
The Bank of Thailand announced a rate cut on Wednesday, aligning with widespread expectations, to bolster an economy facing multiple challenges, including political instability, a strengthening baht, and US trade…
Hotels Urge Ending Thai-Cambodian Border Dispute Amid Rising Room Cancellations
Photo Credit: Fine arts department The alleged infiltration of Russian mercenaries is unlikely to impact tourism and daily life in Nakhon Ratchasima; however, authorities are being urged to resolve the…
Thai Baht Reaches 4-Year High Ahead of Upcoming Rate Decision
Photo Credit: Bloomberg The Thai baht has reached its highest level against the US dollar in over four years, increasing pressure on the Bank of Thailand to manage the rally…
SpaceX Valued at $800 Billion and Announces Plans for 2026 IPO
Photo Credit: Reuters SpaceX has authorized an insider share sale valuing the company at approximately US$800 billion, according to a company message obtained by Bloomberg on Friday. The company also…
SET Sustains Downward Trend Heading into Year-End
Thailand’s Stock Market underperformed in November, falling nearly 6% to close at 1,256.69 points, amid global and local concerns. Key factors included the US government shutdown, disappointing Q3 GDP growth…
Thailand Property Market Hits Mortgage Rejection Crisis
Thailand’s property market faces a ‘Mortgage Rejection Crisis,’ with rejection rates hitting 70% for homes under 3 million Baht. Lower-income buyers can’t secure loans due to declining purchasing power and…
Property Sector Supports House Dissolution as a Move Toward Early Elections
The property sector welcomes Thailand’s House dissolution, viewing it as a positive move toward early elections that can boost economic stability. Business leaders believe an early vote will help prevent…
Thailand-Cambodia Conflict Disrupts $5B Trade and Gas Reserves
The ongoing conflict between Thailand and Cambodia has severely impacted border trade, especially at the Klong Luek–Poipet crossing, disrupting approximately $4.7 billion (174.5 billion Baht) worth of annual commerce. Additionally,…
Gold Gains Before Fed Rate Cut Announcement, Silver Reaches $60/oz Milestone
Gold prices increased by 0.6%, reaching $4,211.77 per ounce as of 3:21 pm ET (2021 GMT), with US gold futures for February rising 0.4% to close at $4,236.20. Silver outperformed…
Thai Inflation Reports Eighth Consecutive Decline in November
Photo credit: Stock Photo Thailand’s annual headline inflation remained negative for the eighth consecutive month in November, according to data released on Wednesday. The decline was attributed to falling energy…