Baht Experiences Its Largest Surge Since 1998, Posing Risks to Tourism and Exports
Thailand’s baht is on track to achieve its largest quarterly appreciation since the Asian financial crisis, raising concerns about the potential negative effects on the crucial tourism and export sectors…
Tupperware Seeks Bankruptcy Protection Amid Declining Demand
Tupperware Brands and several of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, facing the consequences of falling demand for its once-popular colorful food storage containers and increasing…
Asian Markets Celebrate Major US Interest Rate Reduction
Asian stocks experienced a significant uptick on Thursday following the Federal Reserve’s announcement of its first interest rate cut in four years, a move analysts believe paves the way for…
Consumer Spending Set to Finally Rebound This Year
Analysts indicate that consumer spending in Thailand is poised to increase this year, surpassing 2019 levels for the first time, driven by anticipated interest rate cuts from the Bank of…
US-China Trade War Seen as ‘Net Benefit’ for Neutral Thailand
In a recent government policy statement, Mr. Pichai highlighted that the new administration stands to benefit from the ongoing trade war between the United States and China, both of which…
Bank of Thailand chief says local focus key to growth
According to the chief of the Bank of Thailand, the long-term sustainability of Thailand’s economic growth will depend heavily on domestic resilience and the strength of the local economy, particularly…
PTT Subsidiary Signs Agreement to Purchase LNG from Oman
PTT International Trading, a subsidiary of PTT Plc, has reaffirmed its commitment to gas price stability by securing a five-year agreement to purchase 300,000 tonnes of liquefied natural gas (LNG)…
PETRONAS Nexta: The Lubricant Empowering Thai Drivers to “Make Smart Choices”
Lubricants are crucial for vehicle maintenance, but selecting the right one with the proper quality and price can be challenging, especially for middle-income Thai drivers. To address this issue, PETRONAS…
LG Electronics Division Explores B2B Opportunities
LG Electronics (Thailand) Co Ltd is shifting its focus towards the business-to-business (B2B) market, which is anticipated to grow at a faster rate than the consumer market. Amnaj Singhachan, the…
Minister Calls for Review of E-Commerce Platforms
The Ministry of Digital Economy and Society (DES) intends to collaborate with relevant agencies to establish a regulatory framework for supervising foreign e-commerce platforms, according to Minister Prasert Jantararuangthong. He…