Tesla sold only one car in Korea for the month of January
In January, Tesla Inc. experienced a significant decline in sales in South Korea, as the company sold only one electric vehicle (EV), marking its worst month since July 2022 when…
Saudi’s need higher oil prices to balance the budget
Fitch Ratings has affirmed Saudi Arabia’s credit rating at the fifth-highest investment grade, but warns about the country’s heavy reliance on oil revenues. According to Fitch, the Saudi government needs…
Thai post to step up retail
Thailand Post, the state-run logistics provider, is planning to expand its retail business to increase its revenue contribution. The CEO, Dhanant Subhadrabandhu, aims to raise the revenue from retail to…
Thai Airways plans to relist on the stock exchange in 2025
Thai Airways International Plc (THAI) is expected to make a comeback on the Stock Exchange of Thailand in 2025, according to the State Enterprise Policy Office (SEPO). The airline has…
AIS seeks partner for virtual bank
AIS, in collaboration with PTT Oil and Retail Business (OR) and a digital platform provider, is in discussions regarding a potential partnership to apply for a virtual bank license from…
Rampaging monkeys putting off investors in Lopburi
The Lopburi economy is suffering as shops in the city centre threaten to close after a troop of over 3,500 monkeys caused significant problems. Businesses and stores have shuttered and…
Thailand and Sri Lanka to ink off free trade agreement
Thailand and Sri Lanka have recently signed a Free Trade Agreement (FTA) with the aim of boosting bilateral trade and promoting economic growth for both nations. The agreement covers various…
Fuel subsidies may exhaust oil fund
The Oil Fuel Fund Office (Offo) in Thailand has expressed the need for new measures to support and manage the fund amidst concerns that oil and gas subsidies will deplete…
Thai banks to restructure after 6 million loans outstanding
Commercial banks in Thailand are currently in the process of restructuring 6.1 million outstanding loans, totaling 3.4 trillion baht, according to the Thai Bankers Association (TBA). The purpose of this…
Thai rice exports to dip 14.4% this year
Thailand’s rice exports are expected to decline by 14.4% this year due to lower production and increased competition, according to the Foreign Trade Department. The department, along with the Thai…