Bank of Thailand Chief Expresses Concern Over Political Instability
Photo Credit: Bank of Thailand Thailand’s economic growth in the coming year faces heightened risks due to potential delays in the budget, stemming from ongoing political deadlock, according to outgoing…
Hong Kong Court Rules Foodpanda Must Pay B5.4 Million Compensation to Rider Injured During Storm
Photo Credit: South China Morning Post A Hong Kong court has ordered Foodpanda, the on-demand food delivery service, to pay over HK$1.3 million (approximately 5.4 million baht) in compensation to…
Lazada Markets Itself as a Premium E-Marketplace
Photo Credit: Lazada Lazada Thailand is utilizing its “next-level e-commerce” strategy to position itself as a premium e-marketplace platform, integrating advanced artificial intelligence (AI) features to improve the experience for…
Thai Stock Market Forms New Partnership with Nasdaq
The Stock Exchange of Thailand (SET) has upgraded its trading infrastructure and regulatory systems to meet international standards, following the integration of advanced Nasdaq technologies aimed at boosting efficiency and…
Cabinet Approves Assistance Program for Companies Affected by New Tax
The cabinet on Tuesday approved in principle the draft of the National Competitiveness Enhancement for Targeted Industries Bill to counteract the effects of the so-called Top-Up Tax. The Top-Up Tax…
Kasikornbank Withdraws Key Profit Goal Amid Economic Challenges
Kasikornbank Plc has abandoned a major profit goal amid concerns that Thailand’s already fragile economy may worsen further, potentially dampening loan demand and increasing default rates. Thailand’s second-largest bank is…
Gold Surges Past $3,500 to Reach Record High on Rate-Cut Expectations
Gold surged to a new peak, reaching a record high as expectations of U.S. Federal Reserve rate cuts and mounting concerns over the central bank’s future bolstered the ongoing multi-year…
Thailand’s Nok Air Suspended from International Flights Due to Safety Concerns
Photo Credit: Nok Air The Civil Aviation Authority of Thailand (CAAT) has directed Nok Air to suspend its international routes and possibly restrict its domestic expansion plans. This move comes…
Thai hotels lower room rates in response to declining tourist arrivals.
Thailand’s hotel industry is facing pricing pressure in 2025 after four consecutive years of rate hikes that nearly doubled the average room rates since 2021, according to Tris Rating. In…
Baht Remains Volatile Amid Turmoil Throughout the Week
The Thai baht is expected to experience increased volatility this week, driven by domestic political instability and anticipation of a US policy rate cut later this month. Kasikorn Research Center…