Trump’s Auto Tariffs Approaching, Yet Not All Levies Will Be Imposed on April 2, Boosting Stock Prices.
On Monday, U.S. President Donald Trump announced that automobile tariffs are imminent, although he indicated that not all of the proposed levies would be implemented on April 2, and certain…
Petrol and diesel prices set to decrease in Thailand.
On Monday, the board of the Oil Fuel Fund Office (OFFO) decided to lower the oil fund contribution rate, leading to a reduction in retail oil prices by one baht…
Exports Increase by 14% as Growth Momentum Persists
Exports surged by 14% year-on-year to $26.7 billion in February, showcasing eight months of continuous growth, as reported by the Commerce Ministry. Commerce Minister Pichai Naripthaphan noted that imports amounted…
Thai Bad Debt Reaches Record High of 1.23 Trillion Baht
Household debt in Thailand has surged by 25% since the end of 2022, hitting a record high of 1.23 trillion baht as of January this year, according to the National…
New Business Registrations Decline by 5% in First Two Months
The registration of new businesses saw a 5% year-on-year decrease during the first two months, as operators adopted a cautious approach amid ongoing uncertainties, according to the Department of Business…
TMBThanachart Refutes Merger Rumors with Krungthai
TMBThanachart Bank (ttb) has dismissed rumors of a merger with Krungthai Bank (KTB) that surfaced in local media. In an internal memo sent on Friday, ttb’s CEO, Piti Tantakasem, reassured…
Central, Thailand’s leading mall developer, aims for B120 billion expansion over the next five years.
Central Pattana Plc, the largest shopping mall developer in Thailand, has announced plans to invest over 120 billion baht over the next five years to construct new retail centers, office…
Thailand could potentially implement the most aggressive interest rate cuts in the region.
Analysts suggest that the Bank of Thailand, which has historically resisted interest rate cuts amid significant political pressure, may be forced to initiate the most aggressive easing cycle in the…
UBS Elevates Thai Stocks with Upgrade
UBS has upgraded Thailand’s equity market from neutral to overweight, stating that the peak effects of policy-driven factors contributing to the recent sell-off, as well as specific challenges facing companies,…
Bank of Thailand Shifts Emphasis to Economic Growth, Anticipates Additional Rate Cuts
The Bank of Thailand’s (BoT) rate-setting committee is now prioritizing concerns over the country’s declining growth outlook, with Nomura Holdings Inc. anticipating more aggressive rate cuts to stimulate the economy.…