Thailand’s Central Bank Moves to Stabilize Baht as Currency Reaches 4-Year Peak
The Bank of Thailand has pledged to take measures to curb excessive fluctuations in the baht and reduce the impact of gold price movements, following the currency’s surge to its…
Tariff Policy Priorities for the New Government
In addition to the short-term economic strategies of the Bhumjaithai Party, economists advise that the new government must prioritize resolving tariff-related challenges with the United States, which pose a continued…
Bank of Thailand Looks to Mitigate Gold Price Impact on Baht
Thailand’s central bank announced on Monday that it will closely monitor and manage the baht. The Bank of Thailand is exploring measures to reduce the influence of gold price fluctuations…
Frasers Property Reduces Expenses While Keeping a Cautious Outlook for 2025
SET-listed developer Frasers Property (Thailand) (FPT) has continued to tighten its expenses and reduce inventory amid a sluggish housing market during the first eight months of the year, with the…
Asian Shares Climb as Chinese Market Sell-Off Subsides
Asian markets mostly rose on Friday following a easing of the recent Chinese stock sell-off, amid reports that Chinese financial regulators might step in to curb further declines. A rally…
Bank leader urges implementation of economic reforms
Piti Tantakasem, CEO of TMBThanachart Bank (ttb), called for structural economic reforms to help Thailand weather ongoing political instability. He emphasized that political changes often disrupt economic policies, weakening the…
Stock Market Shows Interest in Interim Government’s Economic Policies
Stock market leaders are eager to learn about the interim government’s economic policies following the appointment of a new prime minister today. They hope that experienced economic ministers and effective…
Huawei Launches B81,000 Trifold Smartphone Ahead of Apple’s iPhone 17 Announcement
Photo Credit: South China Morning Post Powered by Huawei’s self-developed Kirin 9020 chipset and operating on the company’s proprietary HarmonyOS ecosystem, the Mate XTs offers a 36% performance boost, according…
Concerns Over Potential Sovereign Credit Rating Downgrade
Bankers are growing increasingly worried about a possible downgrade of Thailand’s sovereign credit rating amid declining tax revenues and rising public debt. Piti Tantakasem, CEO of TMBThanachart Bank, highlighted the…
The Condo Market Is Now Primarily Fueled by End Users
Condo sales in Bangkok are now mainly driven by end users and rental investors targeting units priced around 3-5 million baht, with negotiable prices remaining key to closing deals, according…