Interior Ministry to Decide Future of Green Line as BTS Concession Approaches Expiry
The 30-year concession for the BTS Green Line, operated by BTSC, expires in 2029, after which assets transfer to the Bangkok Metropolitan Administration (BMA). The BMA is studying a new…
Musk First to Reach $500B Net Worth, Forbes Reports
Elon Musk became the first individual to amass a net worth of approximately US$500 billion on Wednesday, driven by a rebound in Tesla shares and increased valuations for his private…
IMF: Dollar’s Share in Global Reserves Drops to 30-Year Low
According to the IMF, the US dollar’s share in global reserves has declined to its lowest point in nearly 30 years. In Q2, the dollar’s reserve share dropped 1.5% from…
Phiphat Opposes Pay-As-You-Build, Raises Doubts Over High-Speed Rail Contract
Transport Minister Phiphat Ratchakitprakarn has rejected a proposed contract amendment for the high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports. The amendment aimed to change the payment structure…
Are Affordable Chinese Imports Jeopardizing Thailand’s Economy?
Cheap Chinese imports have significantly impacted Thailand, leading to factory closures, declining industrial output, and weakened sectors like manufacturing, e-commerce, and electric vehicles. In 2023 alone, nearly 2,000 factories shut…
Thai Property Leaders Urge Government to Take Action
Thai property sector leaders called on the government to adopt a holistic approach to sustainability, balancing environmental, social, and economic factors. During the “Green Living, Smart City” forum in Bangkok,…
SEC Invites Applications for TouristDigiPay Business Operators
The Securities and Exchange Commission (SEC) has introduced the TouristDigiPay sandbox, a pilot program allowing foreign tourists to convert digital assets into Thai Baht for payments within Thailand. This initiative…
Reinvent Thailand: A Platform for Policy Innovation and Economic Change
The Bank of Thailand (BOT) has introduced new measures to strengthen financial resilience, focusing on promoting digital payments, enhancing consumer protection, and supporting sustainable growth. In partnership with the NESDC,…
Gold Prices Hit New High, Surpassing $3,800
Gold Reaches Record High, Surpassing $3,812 Per Ounce Amid Political Uncertainty and Economic Factors The price of gold hit an all-time high on Monday, soaring past $3,812 per ounce as…
Intense Competition Expected as Office Oversupply Challenges Thai Commercial Real Estate in 2025–26
Thailand’s commercial real estate sector, especially the office segment, is expected to encounter a substantial oversupply in 2025-2026. New office developments are projected to grow annually by 2.5% to 4.5%,…