BOT faces pressure to slash rates
Finance Minister, Pichai Chunhavachira, has reiterated his call for a reduction in the policy interest rate to stimulate inflation, following a recent meeting of the Monetary Policy Committee (MPC). He…
Ministry Targets 5.7% Growth in Digital GDP
The Digital Economy and Society (DES) Ministry forecasts a 5.7% year-on-year growth in digital GDP for this year, which is 2.2 times higher than the projected Thai GDP growth. This…
Mr DIY to open another 200 stores in 2025
Home improvement retailer MR. D.I.Y. (Thailand) is planning to open 200 additional stores in 2025, with an investment budget of 2 billion baht. This aggressive expansion strategy in recent years…
Thailand to Implement Minimum Tax on Major International Companies Starting in 2025
Thailand plans to implement a minimum corporate tax rate of 15% on large international companies starting next year, according to Finance Minister Pichai Chunhavajira in an interview broadcast on Friday.…
Foreign Investors Drives Surge in Semiconductor Industry
The Board of Investment (BoI) is assisting the government in developing the semiconductor sector by providing investment incentives to UNIQUE Integrated Technology, which plans to invest 10.5 billion baht to…
Thai Stock Index Remains on a Declining Path
The Stock Exchange of Thailand (SET) index closed lower in November after reaching a peak of 1,506 points the previous month. During the second week of November, the index fell…
OR to Divest Shares in Underperforming Ventures
PTT Oil and Retail Business (OR) is set to divest stakes in several ventures, including restaurant operations, to mitigate losses from underperforming activities and to reassess businesses with uncertain prospects,…
Thailand sees 20% Decline in Low-Quality Imports from China
Thailand seen a 20% decline in low-quality imports, primarily from China, following the implementation of measures aimed at reducing cheap Chinese goods that were negatively impacting the country’s economy, according…
Crypto Set for Growth Through 2025
In the near term, investors are likely to shift their attention towards altcoins, perceived as having greater potential for profits, especially after Bitcoin’s recent surge past $100,000 in early December.…
Bitcoin Momentum Grows Stronger
Bitcoin of over $100,000 for the first time on December 5, soaring from approximately $69,000 just a day before the U.S. presidential election a month prior. This dramatic price surge…