Thai Listed Banks’ Profits Increase by 12% in Q3
SET-listed banks experienced a 12% year-on-year increase in profits in the third quarter of this year. This growth was driven by higher fee-based income, even though interest income declined and…
Thailand Desires to Establish a Railway Connection with China
Thailand’s long-term Bangkok-Nong Khai high-speed rail project continues with mixed public feelings amid delays. The project, Thailand’s first high-speed line, began over a decade ago, with progress at around 48.6%…
Migrant Worker Numbers Increase by 23%
Photo Credit: The ASEAN Magazine The population of migrant workers in Thailand is on the rise, with a 23% increase attributed to the border dispute with Cambodia prompting more foreign…
SEC Strengthens Regulations on Margin Loans
The Securities and Exchange Commission (SEC) has implemented new regulations aimed at reducing systemic risks associated with margin loan activities. These rules prohibit securities firms and derivatives operators from extending…
Government considers relaxing zoning regulations
Photo Credit: Pattarapong Chatpattarasill The government is reconsidering plans to eliminate zoning restrictions for entertainment venues and to relax the ban on alcohol sales between 2-5pm, aiming to curb illegal…
The Bank of Thailand has been urged to implement measures to address the strength of the baht.
Business operators have renewed calls for the Bank of Thailand to address the strengthening of the baht, suggesting that an exchange rate of 34–35 baht per US dollar would better…
Vietnam Aims for 10% Growth in 2025 Despite Trade Challenges
Photo Credit: Reuters Vietnam’s government has set an ambitious target of achieving at least 10% annual economic growth over the next five years, despite ongoing trade tensions and global uncertainties…
Phuket Aims to Become a Major Transportation Hub
Photo Credit: Iftanpo The Transport Ministry is setting its sights on transforming Phuket into the premier transportation hub of the Andaman region, with the goal of positioning the island as…
Meters Won’t Solve Taxi Problems
Bangkok’s taxi industry has long been riddled with issues, and despite numerous government efforts over the years to address them, significant improvements remain elusive. The latest initiative, the introduction of…
Increasing Aviation Charges Could Impact Tourism Growth
Rising aviation service fees in Thailand—including airport charges and the proposed 300-baht tourism tax—may threaten the recovery of tourism, according to the International Air Transport Association (IATA). Sheldon Hee, IATA’s…