Gas and diesel prices increase
On April 26 PTT reported an adjustment in the retail selling prices of gasoline and all types of diesel, with an increase of 40 Satang per liter starting from April…
Bangkok Bank Reduces Retail Loan Rates by 25 Basis Points
Bangkok Bank announced its plan to decrease retail loan rates by 25 basis points for a six-month duration, starting from April 29. The objective is to alleviate the financial burden…
Gulf Denies Acquisition Speculation Amid Increase in KBank Ownership
Gulf Energy Development has denied any plans for a Kasikornbank (KBank) takeover, explaining that its recent increase in the bank’s shareholding is purely for investment purposes. The company, known as…
The departure of the SET chairman may lead to potential appointment in the cabinet.
Chairman Pichai Chunhavajira of the Stock Exchange of Thailand has resigned, potentially opening the path for his appointment as the finance minister in a cabinet reshuffle. Mr. Pichai, aged 76,…
Plus Property Aims for Ambitious Revenue Target by 2024
Plus Property Co Ltd (PLUS) is reinforcing its position as a leading provider of professional property and facility management services. With a focus on growth and quality maintenance, the company…
SEC to Limit Entry to Unauthorized Providers of Digital Asset Services
The Securities and Exchange Commission (SEC) has joined hands with the Ministry of Digital Economy and Society (DE) and various other relevant agencies to limit access to unauthorized digital asset…
Nestlé Increases Production of Pet Food
Nestlé (Thai), a prominent manufacturer and marketer of consumer goods, has allocated 6 billion baht towards the expansion of its manufacturing infrastructure to cater to the escalating demand for pet…
Thailand’s E-commerce Market Projected to Hit 700 Billion Baht by 2024
The e-commerce industry in Thailand is experiencing rapid growth due to increased internet usage and a rise in online shopping activity, prompting many businesses to enter this sector. Anticipated to…
Deputy Chief of Bank of Thailand anticipates rate adjustments amidst evolving conditions
The Bank of Thailand (BoT) may consider adjusting monetary policy in response to shifting economic conditions and challenges affecting long-term growth potential, according to BoT deputy governor Alisara Mahasandana. Alisara…
Tisco foresees high-yield loan approach leading to increased Non-Performing Loans
Tisco Bank is projecting an increase in non-performing loans (NPLs) this year as it shifts focus towards high-yield loans to boost returns. Chief financial officer Chatri Chandrangam stated that the…