Increased Focus on Trade Discussions Expected in the Second Half of the Year
The Trade Negotiations Department has outlined its plan for the latter half of 2024, with a focus on concluding negotiations for a free trade agreement (FTA) with the European Free…
Cabinet greenlights extra borrowing of 276 billion baht
The cabinet has given the green light to an additional 276 billion baht in borrowing for the 2024 fiscal year, with 269 billion designated for direct government use and debt…
Shipping industry anticipates 1-2% growth
Despite ongoing geopolitical tensions in Europe and the Middle East, the Thai National Shippers’ Council (TNSC) maintains a positive outlook, expecting export values to grow by 1-2% in the latter…
Thai bond value sees 2.7% increase since the beginning of the year
In the first half of 2024, the Thai bond market recorded a total outstanding value of 17 trillion baht, showcasing a 2.7% increase from the previous year-end, according to the…
Thailand and India participate in regional initiative for seamless cross-border retail payments
The central banks of Thailand, India, Malaysia, Singapore, and the Philippines are collaborating to establish an instant cross-border retail payments platform by 2026, as announced by the Bank of International…
Anticipated injection of 100 billion baht into the market by a new state fund
Within a span of two weeks, the Finance Ministry aims to finalize a proposal for a new fund modeled after the previous Vayupak Fund, a government-controlled investment fund concentrating on…
Mama remains optimistic about sales despite a surge in costs.
Saha Pathanapibul Plc, the distributor of Mama instant noodles, is optimistic about the growth of the Thai instant noodle market in the face of a challenging economic environment. Vathit Chokwatana,…
BOI aims at data centers and cloud services
The Board of Investment (BoI) in Thailand is expediting its initiative to encourage investments in data centers and cloud services, aligning with global trends and the government’s push to boost…
Can subsidies impact consumption levels?
The Thai government’s efforts to control energy prices, while appealing to the public short term, are sparking worries about fuel consumption in the long run. In one of the most…
Thailand sets sights on high-speed traders amidst stock market decline.
In response to market declines, regulators in Asia are increasing oversight on trades favored by hedge funds, aiming to stabilize markets despite concerns that these efforts could potentially hamper essential…