Thai Baht Reaches 4-Year High Ahead of Upcoming Rate Decision
Photo Credit: Bloomberg The Thai baht has reached its highest level against the US dollar in over four years, increasing pressure on the Bank of Thailand to manage the rally…
Drastic Plastic: Pioneering Thailand’s Path to Sustainable Innovation
Photo Credit: Kowit Rachiwong Thailand is actively addressing plastic waste and environmental challenges through its Roadmap on Plastic Waste Management (2018-2030), aiming for 100% recyclability of plastic waste by 2027.…
SpaceX Valued at $800 Billion and Announces Plans for 2026 IPO
Photo Credit: Reuters SpaceX has authorized an insider share sale valuing the company at approximately US$800 billion, according to a company message obtained by Bloomberg on Friday. The company also…
SET Sustains Downward Trend Heading into Year-End
Thailand’s Stock Market underperformed in November, falling nearly 6% to close at 1,256.69 points, amid global and local concerns. Key factors included the US government shutdown, disappointing Q3 GDP growth…
Thailand Property Market Hits Mortgage Rejection Crisis
Thailand’s property market faces a ‘Mortgage Rejection Crisis,’ with rejection rates hitting 70% for homes under 3 million Baht. Lower-income buyers can’t secure loans due to declining purchasing power and…
Property Sector Supports House Dissolution as a Move Toward Early Elections
The property sector welcomes Thailand’s House dissolution, viewing it as a positive move toward early elections that can boost economic stability. Business leaders believe an early vote will help prevent…
Thailand’s Debt Crisis Worsens: Non-Performing Loans Extend to Major Companies Amid Continued Credit Tightening for Third Consecutive Year
Photo Credit: IStock Photo Thailand’s financial sector faces rising risks as Non-Performing Loans (NPLs) spread from SMEs to large firms, pushing the NPL ratio close to 3%. The overall credit…
Thailand-Cambodia Conflict Disrupts $5B Trade and Gas Reserves
The ongoing conflict between Thailand and Cambodia has severely impacted border trade, especially at the Klong Luek–Poipet crossing, disrupting approximately $4.7 billion (174.5 billion Baht) worth of annual commerce. Additionally,…
Gold Gains Before Fed Rate Cut Announcement, Silver Reaches $60/oz Milestone
Gold prices increased by 0.6%, reaching $4,211.77 per ounce as of 3:21 pm ET (2021 GMT), with US gold futures for February rising 0.4% to close at $4,236.20. Silver outperformed…
Housing Market Expected to Stay Flat in 2026
The residential sector is expected to face ongoing challenges in 2026, with weak consumer confidence, high household debt, and a sluggish economy leading to declining revenue and profits. According to…