Hyundai Designates B1 Billion for Electric Vehicle Growth
Hyundai Mobility Thailand, a subsidiary of South Korea’s Hyundai Motor Group, is set to expand its electric vehicle (EV) operations in the country with a 1-billion-baht investment, aiming to strengthen…
Tax Reductions in Financial Hub Attract Attention
The Ministry of Finance is expected to reduce personal and corporate income tax rates for qualifying individuals and businesses as part of its initiative to establish a financial hub aimed…
Suvarnabhumi Airport Reintroduces Fast-Track Priority Lane for First and Business Class Travelers
Business and first-class travelers arriving at Bangkok’s bustling Suvarnabhumi Airport can now once again enjoy fast-track service, but they will need to know exactly where to go, as clear signage…
Thailand Post to Participate in Virtual Banking
The board of Thailand Post, a logistics provider, has approved the state agency’s participation in the upcoming virtual banking sector, as announced by President Dhanant Subhadrabandhu. Thailand Post is exploring…
Analysts Anticipate a Quick Return of Foreign Investments
Easing domestic political uncertainties and the increased possibility of US interest rate cuts could lead to a resurgence of foreign capital inflows starting next month, potentially pushing the Thai stock…
July Records Highest Export Growth in 28 Months
Exports in July grew by 15.2%, marking the highest growth rate in 28 months, thanks to easing inflation and increased purchasing power among trading partners. Poonpong Naiyanapakorn, director-general of the…
Mortgage Default Rate Increases
Lower-income homebuyers have faced difficulties in repaying their mortgages amid rising interest rates, resulting in a notable increase in non-performing loans (NPLs) in the housing sector during the second quarter…
Mercedes-Benz Launches New Electric Models in Thailand
Two newly launched electric car models from Mercedes-Benz are on their way to Thai owners, navigating challenges within the Thai automotive industry. The German luxury automaker is optimistic about its…
Profits of Listed Companies Increase by 9.7% in the First Half
Net profits for listed companies on the Stock Exchange of Thailand rose by 9.7% year-on-year in the first half of 2024, reaching 519 billion baht, spurred by a 6.3% increase…
Tourism Operators Call for Long-Term Flood Management Plan
Regional tourism operators are advocating for a long-term flood management plan to address the impact of floods and storms on tourism and the economy, particularly in light of the recent…