Ministry indicates a revenue deficit
Government revenue collection in the initial seven months of the 2024 fiscal year fell short of the 1.4 trillion baht target by nearly 40 billion baht, primarily attributed to decreased…
Condo Projects Relying on Foreign Interest
Noble Development, a company listed on the SET, is shifting its focus towards foreign buyers for its upcoming condominium projects in Bangkok due to sluggish domestic demand. Sira Udol, the…
Economic Revitalization Required
Following a lackluster GDP growth rate of only 1.5% in the initial quarter, trailing behind neighboring economies, the Thai government is gearing up to ramp up efforts to stimulate economic…
Cryptocurrencies Selected for Upcoming Surge in Value
This year is being hailed as a significant period for cryptocurrencies, especially following the approval by the US Securities and Exchange Commission (SEC) of eight funds set to roll out…
Thailand’s public debt climbs to 11.474 trillion baht, equivalent to 63.67% of its GDP in March
Thailand’s Finance Ministry disclosed in the Royal Gazette that the nation’s public debt surged to 11.474 trillion baht or 63.67% of its GDP by the end of March. This marked…
Dip in Homebuyer Assurance Observed
In the Greater Bangkok region, the Housing Purchase Confidence Index (HPCI) exhibited a decline during the first quarter of 2024 compared to the fourth quarter of the previous year. This…
Potential for 40% of Auto Loan Applications to be Declined
The Federation of Thai Industries (FTI) projects that approximately 30-40% of auto loan applications will be rejected this year, mirroring last year’s trends. Concerns persist among lenders regarding bad debt,…
Expansion and Enhancement Plans for Makro Stores
Makro, a part of CP Extra Plc, is undergoing a brand transformation to modernize its wholesale and retail business, with a focus on expanding its online and offline presence to…
Decline of 2% in Smartphone Market During First Quarter
In the first quarter of this year, Thailand’s smartphone market experienced a 2% decline due to the sluggish economic recovery, as outlined in a research paper. The introduction of the…
Betagro Poised for Expansion Locally and Internationally
Betagro Plc, the prominent integrated food company in Thailand, is expanding its business operations both locally and internationally by introducing innovative and high-quality food offerings. Additionally, the company is venturing…