Trump’s Tariffs May Result in 160 Billion Baht Cost to Thailand
Thailand may struggle to meet its economic growth target next year if US President-elect Donald Trump implements his proposed tariff increases, according to a study. Such a move could negatively…
Support for Rice Farmers to Offset Harvest Expenses
The government is set to discontinue a widely criticized co-payment scheme for fertilizers and introduce a new program aimed at helping rice farmers reduce their harvest costs, as announced by…
US Tariffs Drive Companies to Relocate to Thailand
Thailand is set to attract increased investment in electric vehicles, smart electronics, home appliances, and high-tech industries next year, with manufacturers relocating to the region to dodge US tariffs, according…
Govt threatens BOT’s independence
After postponing a decision twice on selecting the new chairperson of the Bank of Thailand (BOT) board of directors, the selection committee will meet today to choose from three candidates:…
Approval Granted for Rice Price Measures
The National Rice Policy and Management Committee has approved three initiatives aimed at balancing the demand and supply of rice. This will help prevent a drastic drop in rice prices…
Baht Expected to Decline as Trump’s Victory Strengthens Dollar
The baht is expected to weaken further, potentially dropping below 34.5 to the dollar in the short term, following a fall to a two-month low on Thursday. This decline comes…
Thailand Could Gain from US-China Trade Conflict, Says Minister
Thailand’s economy could benefit from a trade war between the United States and China, according to Commerce Minister Pichai Naripthaphan, who remarked on Thursday that the Southeast Asian nation maintains…
Banks Set to Halt Interest Charges
Photo credit: Money Expo Facebook The Thai Bankers’ Association (TBA) is launching a new debt restructuring program aimed at easing household debt, covering borrowing worth 1.4 trillion baht over a…
Bitcoin Soars to All-Time High of $75,000 Amid Expectations of a Trump Victory
Bitcoin a new record high during Asian trading hours as investors leaned toward the possibility of Donald Trump winning the United States presidential election. The largest cryptocurrency rose by 7%…
AIS Reports Q3 Revenue of B52.2 Billion
Advanced Info Service (AIS) announced a total revenue of 52.2 billion baht and a net profit of approximately 8.7 billion baht for the third quarter of this year. The growth…