Thai Finance Ministry Ready to Launch ‘Bad Debt’ Firms to Address Bank Runs
The Thai Ministry of Finance is prepared to gain immediate government approval for a plan to establish Asset Management Companies (AMCs) by major commercial banks, aiming to address the country’s…
Thai Silver Economy Expected to Reach 3.5 Trillion Baht in Consumption
Thailand’s expenditure on senior citizens is projected to rise from 2.18 trillion baht in 2023 to 3.5 trillion baht by 2033. This significant growth is part of a new national…
Thailand Aims for 200M Baht in US E-Commerce with Amazon Push
Thailand’s government has launched the “TOPTHAI” storefront on Amazon, with a goal to generate at least 200 million baht ($6 million USD) in US e-commerce sales within two years. The…
Oil prices rise amid Ukraine drone attacks disrupting Russian supplies
Oil Prices Reach Multi-Month Highs as Ukraine Drone Attacks Disrupt Russian Energy Exports and US Data Influences Demand Outlook Oil prices increased on Friday, reaching levels not seen in months,…
BOI Reports Foreign Investment in EEC Surpasses 660 Billion Baht
Foreign Investment in Thailand Continues to Rise Amid Transitional Government Period, With Large Investors Waiting for Policy Clarity Despite the ongoing transition period of the government, foreign direct investment (FDI)…
Thai Exports Rise 13.3% Over Eight Months, Full-Year Growth Expected to Surpass Targets
Thailand’s exports grew by 13.3% in the first eight months of 2025, with the Commerce Ministry projecting that the full-year growth will surpass the initial target of 2-3%. Poonpong Naiyanapakorn,…
Global Gold Prices Reach Record High Amid US Federal Reserve Rate Cut Expectations
This week, global gold prices surged to a new record high, driven by rising expectations that the US Federal Reserve will continue to ease interest rates. Spot gold prices surpassed…
Bot to Consult Gold Traders Next Week on ‘Strong Baht’ Policies
The Bank of Thailand (BOT) is scheduled to meet with gold traders early next week to discuss and finalize measures aimed at mitigating the impact of gold trading on the…
Spectrum Shortage Sparks Concerns Over Potential Mobile Data Crisis
The National Broadcasting and Telecommunications Commission (NBTC) has warned that Thailand’s mobile spectrum could run out by the end of the year, posing a risk to internet speeds and network…
Bank of Thailand Finds No Signs of Unusual Baht Speculation
The Bank of Thailand has stated that it has not observed any irregular speculation in the baht’s trading, despite the currency’s ongoing strengthening against the US dollar. Chayawadee Chai-anant, Assistant…