Request for Thai Team to Manage Trump Affairs
The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) is urging the government to collaborate with business sector representatives to create a “Team Thailand” that will address the effects…
Thailand Prepares for Increased Influx of Chinese Goods
Thai businesses are urging the government to enhance measures to protect local producers from a potential surge of low-cost goods in light of the new tariffs on Chinese imports imposed…
Cabinet approves Business Hub draft
The cabinet has endorsed the draft Financial Business Hub Act, aimed at creating a central authority tasked with policy formulation and mandating the employment of a specified percentage of Thai…
Domestic Gold Prices May Experience an Increase
Domestic gold prices are expected to continue rising, following a new record of 45,200 baht per baht-weight reached on Tuesday. This surge is attributed to uncertainties around US President Donald…
Gulf Pursues Power Plant Development in the U.S.
Gulf Energy Development, Thailand’s largest power company by market capitalization, is planning to acquire a new gas-fired power plant in the U.S. with a generation capacity of 1,000 megawatts, marking…
Big C opening more stores in 2025
Big C is set to expand its operations by opening new hypermarkets and convenience stores despite facing a tough economic environment. Aswin Techajareonvikul, the CEO and president of Big C…
Finace ministry is keen to see rate cuts this year
Thailand’s finance ministry is advocating for a reduction in interest rates this year to better align with economic fundamentals and plans to consult with the central bank regarding monetary policy…
Market Summary for January 31, 2025: Thailand’s SET Index Declines by 1.58% to 1,314.50
Thailand’s SET Index experienced a decline of 1.58%, closing at 1,314.50 points, primarily driven by sell-offs in large-cap stocks and profit-taking in the banking sector. Trading volume reached 53.36 billion…
Phuket Considered for Cryptocurrency Sandbox
In a welcomed move for cryptocurrency advocates, former Prime Minister Thaksin Shinawatra recently proposed utilizing Phuket province as a Bitcoin sandbox aimed at boosting tourism by encouraging digital currency spending…
Bank of Thailand Cracks Down on Mule Accounts
The Bank of Thailand is tightening regulations on financial transactions to combat mule accounts and plans to implement stricter measures for digital assets and e-wallets in the upcoming phase. Roong…