Gold Remains Strong as Crypto Expected to Rise, Event Hosts Say
At the Forbes Thailand Forum: The Next Tycoons 2025 held Tuesday, industry leaders discussed the enduring appeal of gold as a safe haven and the promising future of cryptocurrencies over…
Thailand’s July exports increase by 11%
Thailand’s exports increased by 11% year-on-year in July, marking the 13th consecutive month of growth, according to the Ministry of Commerce. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy…
US Federal Reserve Chair Indicates Potential for Interest Rate Reduction
During his speech at the Federal Reserve’s annual conference, US Federal Reserve Chairman Jerome Powell signaled the possibility of a rate cut at the September meeting but stopped short of…
Bank of Thailand: 50,000 Baht Transfer Limit Applies Only to Vulnerable Groups
The Bank of Thailand (BOT) swiftly addressed widespread public worries by clarifying that the proposed 50,000 baht daily transfer limit will not apply universally to all customers. The clarification came…
PTT Launches Major Restructuring to Generate 110 Billion Baht Cash
PTT’s restructuring aims to generate over 110 billion baht in cash flow, with targets of 38 billion in 2025 and 77 billion in 2026. The strategy focuses on strengthening core…
Thailand to Launch Crypto-to-Baht Sandbox to Boost Tourism
Thailand is launching the “TouristDigiPay” sandbox to help foreign tourists convert cryptocurrencies into Thai baht for spending, aiming to boost tourism by 10% and add over 175 billion baht to…
BOI and SET partners to attract top firms to Thailand’s new economy
Thailand’s BOI and SET collaborate to attract global firms, promote high-tech industries, and boost long-term economic growth Narit Therdsteerasukdi, Secretary-General of the Board of Investment (BOI), announced on August 15…
EV Sales Reach 18% as Thai Car Market Grows in 2025
Thailand’s automotive market in 2025 sees a slight decline from 2024, with sales reaching about 600,000 units, up from 570,000 last year. The EV sector, however, is booming, with 66,000…
Thailand’s Real Estate Sector Faces Potential Collapse Amid Unprecedented Crisis
Thailand’s real estate market is confronting a historic crisis in 2025, with projections indicating that home loan growth will turn negative for the first time ever. This downturn is driven…
Thai Central Bank Lowers Interest Rate Amid Economic Challenges
Thailand’s central bank has unanimously cut its policy interest rate by 0.25%, from 1.75% to 1.50%, to support vulnerable groups like SMEs and low-income households amid economic challenges. The move…