Bank of Thailand Directed to Maintain Policy Rate at a Maximum of 2%
The central bank’s policy rate should be capped at 2%, in line with the inflation target and Thailand’s GDP growth, according to the head of the government’s planning unit. Speaking…
Corporate Income Tax Reduced to 10% in Special Economic Zones
The Revenue Department has announced a reduction in the corporate income tax rate for businesses operating in special economic zones (SEZs) to 10% for a duration of 10 years, aimed…
Over 10,000 Bankruptcies in Japan in 2024 Due to Labor Shortages and Weak Yen
In 2024, corporate bankruptcies in Japan surpassed 10,000 for the first time in 11 years, driven by escalating labor shortages and rising costs of imported materials due to the depreciation…
Bitcoin Falls as Fed Policy Perspective Impacts Crypto’s Trump Trade
Bitcoin and the broader cryptocurrency market have had a tumultuous start to the year, impacted by speculation that the United States Federal Reserve’s (Fed) opportunity for further interest rate cuts…
Cool weather to stay around for the time being
Cool temperatures are expected to persist until the weekend, with additional rainfall anticipated in the South, according to the Thai Meteorological Department (TMD). The weather bureau indicates that the cool…
Investments Expected to Rise in 2025
Investment activity in Thailand is anticipated to accelerate this year, following a remarkable 35% increase in applications for investment incentives last year, amounting to 1.14 trillion baht—the highest level since…
Thailand’s Council of State Raises Concerns Over ‘Casino Bill’
The Council of State plans to oppose the forthcoming Entertainment Complex Bill, arguing that it violates government policy and fails to address the issue of illegal gambling. According to sources,…
Strong December Boosts Thai Exports
The Thai National Shippers’ Council (TNSC) has revised its export growth forecast for Thailand in 2024 to 5% following a strong performance in December. According to TNSC chairman Chaichan Charoensuk,…
Tariffs Discussed at U.S. Summit
The Thai Commerce Minister is set to travel to the U.S. early next month to engage in discussions aimed at preventing potential tariff increases on Thai exports, following a recent…
Chinese actor that went missing found safe and well
Missing Chinese actor Wang Xing has been located safe and is currently meeting with Thai officials, Prime Minister Paetongtarn Shinawatra announced on Tuesday. Ms. Paetongtarn revealed that Mr. Wang, also…