Finance Minister Signals Imminent Fuel Price Relief
Photo Credit: Thai Oil The Thai government is preparing to reduce domestic fuel prices by reassessing what it considers “unnecessary” cost components within the national pricing structure. Finance Minister Ekniti…
Banks boost reserves to cushion impact of war
Thai banks are stepping up loan-loss provisions as they brace for the potential fallout from a prolonged conflict in the Middle East, while also preparing to assist a growing number…
SME Loan Access Set to Improve
The government has introduced a new scheme to improve access to financing for small and medium-sized enterprises (SMEs) seeking to purchase commercial pickup trucks, targeting transport operators, farmers and freelancers.…
Bangchak, OR Restart B20 Sales to Cut Fuel Costs
Photo credit: Bangkok Post Two SET-listed energy companies, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years, supporting Thailand’s…
Business Jet Demand Surges Across Asia
Business jet usage is surging across Thailand and Southeast Asia as disruptions to commercial flights and growing international business activity drive demand. Wealthy individuals and companies are increasingly turning to…
Thailand’s Leading Mall Operator Unveils $3.4 Billion Expansion Plan
Central Pattana Public Company Limited, Thailand’s largest shopping mall developer, has announced plans to invest more than 110 billion baht (approximately US$3.4 billion) over the next five years to expand…
Thai Fuel Prices Surge by Six Baht per Litre
Retail petrol and diesel prices in Thailand jumped by six baht per litre on Thursday morning after the government ended its costly subsidy programme. The decision, announced late Wednesday by…
Grab to Acquire Delivery Hero’s Taiwan Unit in $600 Million Deal
Grab Holdings Ltd has agreed to acquire Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million, marking its first expansion beyond its core Southeast Asian market. The all-cash deal…
Baht Expected to Weaken Further as Middle East Conflict Intensifies
The Thai baht is projected to weaken further this week, potentially reaching 33.50 per US dollar, after touching a nine-month low of 33 earlier on Monday amid escalating tensions in…
Oil climbs as Trump’s Hormuz ultimatum and Iran threats rattle markets
Photo Credit: Getty Images Oil prices climbed in volatile trading on Monday as markets reacted to escalating tensions after President Donald Trump issued an ultimatum demanding Iran reopen the Strait…