Hong Kong surpasses Switzerland to become the world’s leading cross-border wealth hub, boosted by strong China connections.
Hong Kong has surpassed Switzerland to become the world’s leading hub for cross-border wealth, marking the first time the Asian financial centre has taken the top position — a shift…
HSBC targets growing Chinese client base in Thailand
HSBC Thailand is aiming to add 50 new Chinese corporate clients annually over the coming years as Chinese foreign direct investment (FDI) into Thailand continues to accelerate. Giorgio Gamba, chief…
PTT and Bangchak Cut Petrol and Diesel Prices by Up to 1 Baht
PTT Station and Bangchak have announced reductions in retail fuel prices effective from May 26, lowering petrol and gasohol prices by 60 satang per litre and diesel prices by up…
“Trade Deficit Hits Record High in April Amid Sharp Surge in Imports”
Thailand recorded a historic trade deficit of approximately US$10 billion in April as imports surged sharply, according to the Trade Policy and Strategy Office (TPSO) under the Ministry of Commerce.…
Thai Aviation Sector Braces for More Challenging Quarters Ahead
Thailand’s aviation sector is expected to face mounting pressure in the second and third quarters of 2026 as soaring jet fuel prices linked to the US-Israeli conflict with Iran continue…
Thailand’s Transport Ministry Speeds Up Bangkok Port Redevelopment to Boost Commercial Revenue
Thailand’s Transport Ministry has instructed the Port Authority of Thailand to accelerate the commercial redevelopment of Bangkok Port as part of a broader strategy to generate new revenue streams and…
Elon Musk Targets Wall Street Record With Potential SpaceX IPO
Elon Musk moved closer to making Wall Street history on Wednesday as SpaceX filed for what could become the largest IPO ever, reportedly aiming to raise up to $75 billion…
Dow Jones, Wall Street Surge on Hopes of Iran Conflict Easing as Futures Slip
Photo Credit: CNBC Wall Street rallied sharply on May 20 after US President Donald Trump said negotiations with Iran were nearing a deal, raising hopes that tensions in the Middle…
Thailand May Introduce Higher Tourist Tax for International Visitors
Thailand is considering increasing its long-discussed tourist entry fee for foreign visitors beyond the proposed 300 baht due to inflation and rising insurance costs, according to Tourism and Sports Minister…
Q1 Fuel Consumption Records Increase
Thailand’s fuel consumption recorded strong growth in the first quarter of 2026, increasing 5.3% year-on-year to an average of 167 million litres per day, according to the Department of Energy…