Thailand-Cambodia Conflict Disrupts $5B Trade and Gas Reserves
The ongoing conflict between Thailand and Cambodia has severely impacted border trade, especially at the Klong Luek–Poipet crossing, disrupting approximately $4.7 billion (174.5 billion Baht) worth of annual commerce. Additionally,…
Gold Gains Before Fed Rate Cut Announcement, Silver Reaches $60/oz Milestone
Gold prices increased by 0.6%, reaching $4,211.77 per ounce as of 3:21 pm ET (2021 GMT), with US gold futures for February rising 0.4% to close at $4,236.20. Silver outperformed…
Government Seeks Revenue Amid Growing Debt
Photo Credit: Stock Photo The rising interest expenses have progressively depleted the treasury reserves over the past four years, prompting the government to urgently seek ways to boost revenue before…
Thai Inflation Reports Eighth Consecutive Decline in November
Photo credit: Stock Photo Thailand’s annual headline inflation remained negative for the eighth consecutive month in November, according to data released on Wednesday. The decline was attributed to falling energy…
Seamless QR Payment Experience for Travelers between China and Thailand
Credit: Stock Photo Chinese tourists visiting Thailand can now enjoy easier, seamless payments through expanded QR code interoperability, enabled by cross-border cooperation between UnionPay and Thai payment networks. Powered by…
BoT Plans to Mitigate Baht Pressure
The Bank of Thailand has suggested that the Finance Ministry raise the cap on foreign income repatriation to help ease pressure on the baht. Amid increased fluctuations in the baht-USD…
Trends in Private Credit: Growth or Decline in Thailand
Photo Credit: 123RF Private credit has grown into a $2.3 trillion global industry, filling financing gaps left by stricter bank lending post-2008 and during COVID-19. It involves lending by investment…
Thai Bond Demand Declines Due to Concerns Over Downgrade Risks
Thailand’s auction of 30-year bonds on Wednesday experienced the weakest demand in at least six years amid concerns over a potential sovereign rating downgrade and uncertainty about future interest rate…
Binance Division Predicts Bitcoin Could Reach $120,000
Photo Credit: Binance TH Binance’s Thai unit predicts Bitcoin could reach $120,000 by the first quarter of 2026, supported by ongoing regulatory improvements, increased acceptance from institutional and mainstream investors,…
VAT Increase Alone Will Not Reduce the Budget Deficit
This article does not criticize Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for FY2026-FY2030 but highlights Thailand’s fragile fiscal position, which requires multiple revenue measures. Although the MTFF includes…