Government to hold talks on enhancing trade with Malaysia
The Thai government will participate in the Joint Trade Committee (JTC) meeting with Malaysia to discuss a plan to increase bilateral trade to $30 billion by 2025. Chotima Iemsawasdikul, the…
Thailand Leads Global Canned Tuna Market with a 19% Increase in Export Volumes
During the initial five months of 2024, Thailand exported 221,092 tons of canned tuna, reflecting a significant uptick of 19.39% compared to the corresponding period in the previous year. These…
Manufacturing index experiences a 1.5% decrease.
Thailand’s Manufacturing Production Index (MPI) saw a 1.5% year-on-year decline in May, dropping to 98.3 points, highlighting a sluggish manufacturing sector despite export growth, as reported by the Office of…
Baht expected to keep declining this year
The baht is anticipated to decline to 37.25 against the US dollar in the short term, as Asian currencies have reached their lowest levels since 2022 due to ongoing outflows…
Thailand Faces Factory Shutdowns Amid Influx of Low-Cost Imports
The Industry Ministry reports a rise in closures of local factories producing electronics, steel, and plastics, attributing the shutdowns to reduced purchase orders and a flood of inexpensive imports inundating…
Thai-EU free trade talks in process
The recent third round of free trade negotiations between Thailand and the European Union (EU) has concluded, with the upcoming fourth round scheduled to be hosted by Thailand on November…
Plans underway for a new state investment fund
Stock analysts are expressing their approval for the Finance Ministry’s initiative to establish a new fund aimed at investing in Thai stocks, citing the potential to boost trading activity in…
Government reveals strategy to enhance Stock Exchange of Thailand
The Finance Ministry and regulators of the stock market unveiled strategies on Monday to rejuvenate the sluggish Stock Exchange of Thailand (SET) index while downplaying analysts’ request to revive long-term…
Bank of Thailand deems current interest rate resilient across various scenarios
Thailand’s current benchmark interest rate of 2.5% is considered resilient to various circumstances by Bank of Thailand Assistant Governor Piti Disyatat. Dismissing government pressure that monetary policy is overly stringent,…
True’s 5G revenue experiences annual growth of 15%
True Corporation has been focusing on expanding its 5G utilization among tourists, with 60% of incoming visitors opting for its telecommunication service. The company has observed a 15% annual growth…