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…
Mini Labubu prices decline as speculative frenzy subsides
The once-premium value of Labubu collectibles is diminishing in China’s secondary markets, signaling a decline in speculative demand as collectors become more cautious about the value of Asia’s highly hyped…
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…
Customer Surprised to Receive ‘Green Curry Smoothie’ Instead of Avocado Drink
Photo Credit: Thitiwat Koosakul’s Facebook account A Thai diner was left shocked after an online food order went terribly wrong when a restaurant mistakenly served him a blended green curry…
Thailand Continues Afternoon Alcohol Sales Ban
Thailand’s Department of Disease Control clarified on Friday that the three-hour daily ban on alcohol sales remains in effect, addressing recent confusion among vendors over a recent legal change. The…
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…