Gold Price may surge in 2024
Gold prices are predicted to reach record highs of $2,300 per ounce and over 40,000 baht per baht weight in 2024, due to unfavorable global economic conditions, according to MTS…
Government aiming to cut the energy prices
Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga plans to restructure Thailand’s energy pricing system to lower costs for consumers. He aims to start by lifting import restrictions on refined…
Thailand and China to launch direct rail cargo link
Thailand and China have launched their first direct cargo rail link, connecting Nong Khai in Thailand with Chongqing in China via Laos. This rail link enhances trade routes and economic…
Limited impact of the exchange rates on China’s export
China has witnessed significant growth in its export value and sophistication, particularly in sectors such as electronics and machinery. Despite fluctuations in exchange rates, the impact on China’s exports has…
Current account deficit reported by the Bank of Thailand
In November, private consumption and investment showed expansion in Thailand, although exports experienced slower growth compared to October. As a result, the country recorded a current account deficit of $1.2…
The SEC to amend IPO reporting rules
The SEC Proposes Amendments to IPO Reporting Rules to Empower Investors’ Decision-Making The Securities and Exchange Commission (SEC) in Thailand is seeking public input on proposed amendments to regulations governing…
Thailand plans to invest 34 Billion Baht to position it self as a hub to produce EV
Thailand intends to invest 34 billion baht in establishing itself as a key production hub for electric vehicles (EVs). By 2030, the country aims to have 30% of its car…
K Bank predicts marginal gains
Kasikornbank (KBank) projects marginal growth for this year, aligning with the current economic conditions. The bank’s loan expansion is expected to be modest, as outstanding loans decreased by 2.29% year-on-year…
SET advises on MGI shares
Stock Exchange of Thailand (SET) warns investors to be cautious with Miss Grand International (MGI) shares, as their price soared 256% in just five days of trading on the Market…
Proposal to increase Bangkok’s petrol tax aimed aimed at encouraging public transit
Transport Minister Suriya Jungrungreangkit plans to propose an increase in excise tax on petrol in Greater Bangkok in order to encourage people to use public transportation. The potential tax increase…