US Tariffs Expected to Reduce Thailand’s GDP
A coalition of Thai industry leaders anticipates that the planned reciprocal tariffs from the United States will diminish Thailand’s GDP growth by 0.2 to 0.6 percentage points this year, keeping…
Thai Auto Industry Worries About U.S. Tariffs
The U.S. announcement of a 25% tariff on automobiles has sparked new worries within the sluggish Thai automotive industry, as analysts express concerns over both short-term impacts and long-term export…
Auto Industry Shaken by Trump’s 25% Tariffs
U.S. automakers and their international counterparts are grappling with the implications of President Donald Trump’s announcement to impose a 25% tariff on all vehicles and numerous foreign-made auto parts imported…
Mr DIY to add another 200 stores
MR. D.I.Y. (Thailand), a retailer specializing in home improvement and lifestyle products, is set to launch 200 new stores across the country. Approximately 90% of these new locations will be…
HSBC Highlights Thailand’s Long-Term Growth Prospects
HSBC Thailand is dedicated to bolstering the Thai economy despite increased global uncertainties, showcasing its belief in the country’s long-term growth potential. According to Giorgio Gamba, CEO and Head of…
AIS and True Target 3500MHz Band in Upcoming Auction
The 3500-megahertz band is anticipated to attract two major telecom operators during the upcoming auction due to its potential to facilitate 6G services. According to Pisut Ngamvijitvong, a senior equity…
Auto Industry Advised to Prepare for Effects of U.S. Tariffs
The local automotive industry is urged to prepare for the upcoming impact of U.S. reciprocal tariff measures set to begin next month, which may add further pressure to the sector,…
BYD Achieves Over $100 Billion in Sales, Surpassing Tesla
BYD’s sales exceeded $100 billion last year, overtaking competitor Tesla, as the Chinese automaker impresses consumers with a variety of high-tech electric and hybrid vehicles. The Shenzhen-based company reported revenue…
Bank Loans Anticipated to Increase by 0.6%
Bank loans are projected to see a modest increase of 0.6%, reaching 14.8 trillion baht this year, recovering from a contraction last year. This growth is primarily driven by large…
Minor Hotels Expands Portfolio with Addition of Two New Brands
Minor Hotels is set to introduce at least two new brands to its portfolio this year and will also enhance the overall master brand identity for the group. Ian Di…