Baht Expected to Continue Strengthening This Year Despite Challenges
The baht is predicted to strengthen further to 35.30 per US dollar in the short term, following a rise to a four-month high of 35.72 earlier this Wednesday. However, political…
Thai Oil Denies Allegations of B567 Million Wage Settlement.
Thai Oil Public Company Ltd has denied agreeing to make a payment of 567 million baht to settle outstanding wages owed to workers by subcontractors. The unpaid wages are reportedly…
Current Account Surplus in June Increases to $2 Billion.
Thailand recorded a current account surplus of $2 billion in June, up from $700 million in May, as reported by the Bank of Thailand (BoT) on Wednesday. Exports saw a…
AirAsia X Restructures Plan to Acquire Capital A’s Aviation Holdings.
AirAsia X (D7, Kuala Lumpur International) has decided to abandon its planned internal reorganization and will instead acquire Capital A’s aviation businesses directly, rather than through a newly formed company,…
Businesses encouraged to explore instant delivery services.
Thai business operators must enhance their operating strategies to maintain a competitive edge, according to Commerce Minister Phumtham Wechayachai on Monday. He emphasized the importance of continuously improving business operations,…
Thailand Set to Initiate Free Trade Talks with the EAEU (Eurasian Economic Union)
Thailand is poised to commence negotiations aimed at finalizing a free trade agreement (FTA) with the Eurasian Economic Union (EAEU). Commerce Minister Phumtham Wechayachai made this announcement on July 24…
Thailand to Provide Investment Rewards for Hybrid Vehicle Manufacturers
Thailand, a key regional hub for automobile manufacturing, announced on Friday that it will implement investment incentives for hybrid vehicle manufacturers. The country’s Board of Investment (BOI) revealed plans to…
Car production drops sharply
Car production in Thailand fell by 20.11% in June compared to the previous year due to tighter financing rules and high consumer debt, the Federation of Thai Industries (FTI) reported…
Digital wallet information unable to boost Stock Exchange of Thailand (SET).
The government’s announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points…
KBank records a 20% decrease in mobile app loan applications.
Loan applications via K-Plus, the mobile banking app by Kasikornbank (KBank), have decreased by approximately 20% following the bank’s decision to slow down digital lending growth last year. KBank’s Executive…