Thailand Nears Agreement with US to Reduce 36% Import Tariff
Thailand is nearing a deal with the United States to reduce a looming 36% import tariff on its exports, with an expected announcement before the tariff takes effect on August…
King Power to Close Stores and Reduce Staff
Photo credit: Varuth Hirunyatheb King Power is restructuring its duty-free business by closing three downtown outlets in Bangkok and Pattaya, while also implementing a voluntary redundancy program for staff. The…
The Row: The Dark Horse Challenging Hermès Birkin
In the world of luxury goods, challenging the throne of the dream bag, Hermès Birkin, is considered the ultimate goal. However, it seems that the giant CHANEL, despite its hard…
Retail Confidence Hits 42-Month Low; Calls for 115B Baht Economic Boost
The Thai Retailers Association has revealed a concerning situation, with the retail confidence index in June plunging to a new 42-month low, reflecting extremely fragile purchasing power. Meanwhile, businesses and…
Michelin to Announce ‘MICHELIN Key’ Worldwide — Thai Hotels in the Running on October 8
Another major stage for the hospitality industry is approaching, as hotels await the MICHELIN Guide’s upcoming awards. Last year, Michelin began announcing the ‘MICHELIN Key’—awarding 1 to 3 Keys as…
ttb Warns 36% Tax Could Hit Thai Economy by 1.23 Trillion Baht
Piti Tantakasem, CEO of TMBThanachart Bank (ttb), shared his views on Facebook, warning that the U.S. reciprocal tariff of 36% would severely impact Thailand through a chain reaction—affecting industries, labor,…
Dior Unveils Rare Miss Dior x Judy Chicago in Thailand
Dior has once again unveiled a divine-level collectible — this time through a special collaboration between Miss Dior and renowned feminist artist Judy Chicago. The result? A classic perfume bottle…
DITP Assists US Grocery Chain in Sourcing Thai Products
The Department of International Trade Promotion (DITP) has partnered with prominent US-based Asian grocery chain H Mart to boost the availability of Thai food products in the American market. This…
Thai Regulator Approves Affordable Mobile Data Packages
Thailand’s telecommunications regulator has approved a proposal enabling operators to offer new mobile phone plans priced below 240 baht per month. Currently, the average minimum price in the domestic market…
Investors Recommended to Purchase Gold Amid Rising Prices
DBS Vickers Securities advises investors to increase their holdings in gold and reduce their allocations to government bonds from developed countries, predicting that the price of gold will reach US$3,765…