Changan Set to Launch Thai Electric Vehicle Factory Next March
Changan Automobile is set to open its first electric vehicle manufacturing plant in Southeast Asia in Thailand during the first quarter of next year, with an investment budget exceeding 10…
Small plane crashes in Chachoengsao.
A search and rescue operation is currently in progress following the crash of a small plane in a mangrove forest in the Bang Pakong district of Chachoengsao on Thursday afternoon.…
Temu Disrupts Thailand Post’s Logistics for E-Commerce
The arrival of Chinese e-commerce giant Temu is significantly impacting Thailand Post’s logistics services for other e-commerce platforms, leading to a reported daily volume decline of 20-50% since July, according…
Bank of Thailand Keeps Interest Rate Steady
On Wednesday, the Bank of Thailand’s Monetary Policy Committee (MPC) decided to maintain the policy rate at 2.5%, aligning with the ongoing recovery of the local economy. The MPC voted…
Baht Set to Approach 34 Against the U.S. Dollar
The baht is trending toward appreciation against the dollar, potentially reaching 34 or even a stronger position in the near term, following a 13-month high achieved yesterday. This upward movement…
Bank of Thailand Maintains Key Interest Rate at 2.50%
The Bank of Thailand (BoT) maintained its key interest rate at 2.50% during Wednesday’s meeting, marking the fifth consecutive time the rate has remained unchanged. This decision was anticipated given…
Thai Economy on the Brink of Crisis
Thailand’s economy is on the verge of crisis due to falling exports and a lack of competitiveness in manufacturing, according to caretaker Finance Minister Pichai Chunhavajira, who spoke at a…
Yunnan Checkpoint Opening to Accelerate Thai Fruit Exports
China inaugurated a new checkpoint at the Guan Lei port in Yunnan province on August 5, facilitating the export of Thai fruit along the Mekong River. Caretaker Commerce Minister Phumtham…
PTT to Focus on Electric Vehicle Charging Services
National oil and gas company PTT Plc is shifting its focus more towards electric vehicle (EV) charging services in response to the growing EV market in Thailand, while also considering…
Analysts Anticipate Stable Policy Rates
The Bank of Thailand is anticipated to maintain its policy rate at a decade-high of 2.5% during its meeting on Wednesday. However, analysts indicate a growing chance of a rate…