The TCG (Thai Credit Guarantee Corporation) sets 115.6 Billion baht loan guarantee target
The Thai Credit Guarantee Corporation (TCG) has increased its loan guarantee target to 115.6 billion baht for this year, up from 95 billion last year. This includes commercial products worth…
Centara adds 5 properties to its portfolio
In an effort to reinforce its presence in Thailand and Vietnam, Centara Hotels & Resorts has incorporated five properties into its diverse portfolio. Michael Henssler, the chief operating officer at…
Central’s Q1 2024 expansion.
Central Department Store, part of Central Retail, is gearing up for a dynamic start to 2024 by revealing an all-encompassing business plan for the first quarter. This plan includes substantial…
Baht takes a dip on USD inflation figures
The baht experienced a drop below 36 against the US dollar on Wednesday and is anticipated to further depreciate due to higher than expected US inflation. This has led the…
The SET is considering stronger measures
The Stock Exchange of Thailand (SET) is contemplating adjusting measures in four areas to impose greater controls on both short sales and program trading, aiming to reduce the volatility of…
Officials to discuss Fuel fund management
Officials are set to convene this week to address the substantial loss incurred by the Oil Fuel Fund due to oil and gas subsidy programs, although the fund’s financial standing…
Amazon founder sells $4 billion in shares this week
Multi-billionaire Jeff Bezos has sold more of his shares in Amazon, bringing the total value of sales in recent days to more than $4bn (£3.2bn). The technology giant, which he…
Bitcoin price surges to $50,000 since 2021
Bitcoin maintained a position near US$50,000 after briefly surpassing this significant level for the first time in over two years—a striking resurgence from the past crypto controversies and setbacks that…
Thailand begins taxing foreign income
Departmental Instruction No. Paw 161/2566, issued by the Thai Department of Revenue, introduces significant changes to how personal income tax on foreign-sourced income is collected in Thailand. Effective January 1,…
Motorcycle sales in Thailand expected to slip
Thai Honda Co., a prominent motorcycles manufacturer and distributor, is anticipating a slight decline in domestic sales this year, with expectations ranging from 1.7 to 1.75 million units. This projected…