Thailand plans to reduce borrowing by 8% as public debt approaches legal limit
Thailand is planning to reduce its government borrowing by around 8% in the upcoming fiscal year starting October, aiming to maintain fiscal discipline as the nation’s public debt approaches the…
Bank Warns That Inexpensive Chinese Imports Pose Risks to Thailand’s Economy
A recent report by Krungthai Bank indicates that although Thailand has not yet entered deflation, a surge of inexpensive Chinese goods could pose a serious threat to local businesses. Thailand…
BoT Clarifies ‘Negative’ Bank Balances and Reasons for Unfreezing Delays
The Bank of Thailand (BoT) has explained the causes behind recent system errors leading to negative bank balances and delays in unfreezing accounts, urging commercial banks to assist affected customers…
SET Ends Profit-Taking Amid Political Risks
In August, the Stock Exchange of Thailand experienced mixed trading performance. Following a 14% surge in July that propelled the SET index higher, the market saw some profit-taking activity. Political…
Robust Currency Boosts Outlook for Surge in Thai Gold Demand
Photo credit: Reuters Thai gold demand is expected to remain strong for a fifth consecutive year, driven by a rally in the local currency that makes gold cheaper. This ongoing…
Initiative to Combat Unfair Online Trading Practices
The Trade Competition Commission (TCC) is preparing to introduce guidelines aimed at evaluating unfair trade practices and identifying actions that lead to monopolies or reduce competition within multi-sided platform businesses,…
Gogolook Transforms into a Scam Prevention Company
Gogolook, the developer of the anti-scam application Whoscall, is shifting its focus from being primarily a scam detection company to an anti-scam prevention organization. The company has selected Thailand as…
Office occupancy in Bangkok Falls Below 80% Due to Oversupply
Bangkok’s office market saw its occupancy rate fall below 80% for the first time since 2004, primarily due to an influx of new Grade A office supply that has attracted…
Thai Consumer Confidence Drops to 32-Month Low
Thailand’s consumer confidence fell for the seventh consecutive month in August, reaching its lowest level in 32 months, according to a recent survey. The decline is attributed to concerns over…
Thai Rice Exporters Call for Baht Stabilization to Protect Farmers and Competitiveness
The Thai Rice Exporters Association has urged the government and the Bank of Thailand to take immediate and practical measures to stabilize the baht, aiming to safeguard the competitiveness of…