Thai commercial banks have extended financial help, estimated at more than 289.3 billion baht, to their customers affected by the impacts of the COVID-19 pandemic over the past two years,…
Read More
Thai commercial banks have extended financial help, estimated at more than 289.3 billion baht, to their customers affected by the impacts of the COVID-19 pandemic over the past two years,…
Read More
Thai exports for the month of January reached a three year high, growing by about 8% year on year and worth about US$21.25 billion, said Commerce Minister Jurin Laksanawisit today…
Read More
In yet another step in the normalisation of relations between Thailand and Saudi Arabia, today the Thai cabinet today (Tuesday) approved two draft agreements related to the recruitment of Thais…
Read More
TOKYO, Feb 28 (Reuters) – Crude oil jumped while the rouble plunged nearly 30% to a record low on Monday after Western nations imposed tough new sanctions on Russia for…
Read More
Small-scale fishermen in Thailand’s eastern province of Rayong are to rally at the Map Ta Phut industrial estate today (Monday), to demand compensation from Star Petroleum Refining (SPRC), which is…
Read More
The impact on Thailand’s economy from the Russia-Ukraine conflict will depend on how long the hostilities go on and whether they will escalate, economic observers have noted. In response to…
Read More
Fans of all ages of the “Bupphesanniwat” (Love Destiny) hit TV series four years ago may get the chance to see the long-awaited “Bupphesanniwat 2” movie, as the Kubix Digital…
Read More
The cabinet approved in principle today (Tuesday) a draft royal decree to exempt from personal income tax foreigners on long-term resident visas (LTR visa) who stay in Thailand or who…
Read More
(AP) — Oil prices surged nearly 5% and stock prices dropped after Russian President Vladimir Putin recognized the independence of rebel-held regions of Ukraine, raising fears that a full-scale invasion was…
Read More
The government’s stumbles in tackling the economic problems that plagued the country due to the COVID-19 pandemic appears to have forced the ruling Palang Pracharath Party to reshuffle its economic team…
Read More
Thailand’s economy for the year 2021 grew by 1.6%, better than the projected growth of 1.2%, according to the National Economic and Social Development Council (NESDC). According to Deputy Government…
Read More
The ongoing conflict in the coalition government over whether to grant Bangkok Mass Transit System Plc (BTSC) extension of its BTS Skytrain concession has left many people frustrated. There is…
Read More
The Thai cabinet decided to reduce excise tax on diesel fuel today (Tuesday), by an average of three baht per litre for three months, in a bid to ease the…
Read More
Widely dubbed the “Progressive Liquor Bill”, a new draft law on excise tax is tipped to revolutionize Thailand’s alcohol industry if it sails through Parliament untouched. Thailand’s booze market is…
Read More
The Covid-19 pandemic and a slow economic recovery is set to make the Day of Love more expensive this year, posing a challenge for florists and gift shops in the…
Read More
A high-level Thai business delegation will visit Saudi Arabia on February 26th, the first in many years, to promote trade and business between the two countries. Sanan Angubolkul, president of…
Read More
Hundreds of truck drivers, associated with the Land Transport Federation of Thailand (LTFT), flexed their muscles in a show of “truck power” today (Tuesday), in an attempt to put pressure…
Read More
Investors are worried about their tax liability and the method of calculation after the Revenue Department issued on January 31 tax guidelines for individuals engaging in crypto and digital token…
Read MoreEnergy Minister Supattanapong Punmeechaow said today that the government has already frozen the pump price of diesel at 30 baht per litre, without which the price would have increased to…
Read More
A historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street Thursday, abruptly ending a four-day winning streak for the market….
Read More
Doing business these days may not require capital investment or inventories for some traders, just a smartphone and persuasive talking skills. Take for example this garment trader, Wiranya Panda. She…
Read More
The Bank of Thailand is open to feedback from all stakeholders, until the end of this month, about its plan to set up virtual banks in Thailand, Governor Sethaput Suthiwartnarueput…
Read More
Feb 1 (Reuters) – The New York Times Co’s acquisition of Wordle has created uproar on social media, with fans expressing fears that the popular online word game, which is…
Read More
From February 1, Thailand will fling its doors wide open to foreigners from every corner of the world, offering quarantine-free entry for those who are fully vaccinated and test negative…
Read More
The Thai government has claimed that the restoration of diplomatic relations with Saudi Arabia after 30 years will bring great benefits to the economy. Several sectors, such as tourism, labour,…
Read More
The Revenue Department has agreed to do away with the proposed 15% withholding tax, which was to be imposed on digital asset trades, and to allow losses to be deducted…
Read More
KUALA LUMPUR, Malaysia (AP) — Malaysia’s AirAsia Group said Friday it has changed the name of its listed holding company to Capital A to reflect the diversity of its business…
Read More
The Thai national economy is expected to grow by 4% this year, thanks to the limited impacts of the COVID-19 pandemic in many countries, the recovery in tourism under the…
Read More
A group of former employees of the now-defunct “The One Insurance” company rallied in front of Thailand’s Office of the Insurance Commission (OIC) since this morning (Thursday) to demand their…
Read More
A major insurance company struggling with massive losses over COVID-19 compensations clarified today (Thursday) that it is still operating as usual, amid widespread concern among its clients, but insisted that…
Read More
A new department in the Civil Court, exclusively to handle online trade and e-commerce cases, was formally opened today to receive complaints from members of the public. Shopping online has…
Read More
Thailand’s Office of Insurance Commission (OIC) said that the financially-troubled Southeast Insurance Company cannot just shut down, as it has to receive a permission from the OIC first, amid concern…
Read More
Tesla Inc on Wednesday forecast vehicle deliveries would comfortably grow by more than 50% year-over-year in 2022 despite persistent supply chain issues that it expects to be alleviated only next…
Read More
The Finance Ministry, Bank of Thailand and Securities and Exchange Commission (SEC) have agreed to a plan to regulate and limit the use of cryptocurrencies as a means of paying for…
Read More
The Stock Exchange of Thailand (SET) was officially notified today (Wednesday) by Thai Group Holdings (TGH) of the decision of the board to close down one of its subsidiaries, Southeast…
Read More
Undeveloped land prices in Bangkok continue to rise steadily, although at slower pace, despite the COVID-19 pandemic and subsequent economic slowdown, which have been affecting Thailand for the past two…
Read More
The Thai cabinet approved a budget of nine billion baht today (Monday) to revive the “We Travel Together” (Rao Tiew Duay Kan) economic stimulus scheme, from February until July, to…
Read More
Pig farmers have agreed to cap the ex-farm price of live fattening pigs at 110 baht/kg until the end of February, to ease the financial burden on consumers, especially during…
Read More
All the financial support received by individuals and corporate entities from the government, such as subsidies under the co-payment scheme, hotel discount coupons and subsidies to ease hardships caused by…
Read More
The Thai cabinet approved the fourth phase of the 50:50 co-payment economic stimulus scheme today (Monday), to be rolled out on February 1st, which coincides with Chinese New Year’s Day….
Read More
During nationwide searches last week, Thailand’s Livestock Development Department found that about 13.4 million kilogrammes of frozen pork were being stored in 539 cold storage facilities amid record-high pork prices,…
Read More
Amid the rising cost of living and uncertain economic prospects, more people are starting to talk about the risk of stagflation, a scenario marked by high inflation and high unemployment…
Read More
One of Thailand’s leading agro-industry and food businesses, Betagro, has dismissed a suggestion that they have been hoarding frozen pork at a cold storage facility checked by officials from the…
Read More
Thailand’s central committee on prices of goods and services agreed today (Wednesday) to propose to the cabinet that chickens and chicken meat be added to the list of price controlled…
Read More
The Thai Government’s special savings bonds, for people aged 60 and above, sold like hot cake as the 30 billion baht worth sold out in two days when they went…
Read More
Exiled former Prime Minister Thaksin Shinawatra has claimed that there are 4 or 5 major pork merchants who have cold storage facilities in Thailand, each with the capacity to store…
Read More
LONDON (Reuters) – Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight…
Read More
The Thai cabinet has approved, in principle, two ministerial announcements aimed at attracting four specific groups of foreigners to stay in Thailand for up to ten years, in the hope…
Read More
The cabinet has allocated 1.48 billion baht, from the Central Fund, to support the Commerce Ministry’s project to maintain retail necessities at low prices for 90 days amid the current…
Read More
Thailand’s Gulf Energy Development PCL, or GULF, has entered into an agreement with Binance, the world’s largest digital assets exchange in terms of trading volume, to explore the setting up…
Read More
While the Land of Smiles will be just as welcoming, from April it will also be charging every foreigner an entry fee of Bt300 if the government’s plan goes ahead….
Read More
Due to the skyrocketing price of pork in Thailand, the demand for crocodile meat has been increasing, which has helped crocodile farmers affected by the pandemic. The President of the…
Read MoreThe digital assets industry is up in arms over the Revenue Department’s plan to levy tax on capital gains or benefits derived from cryptocurrencies and other digital asset transactions. With…
Read More
The government has decided to bring forward the 4th phase of the 50:50 co-payment economic stimulus scheme, from March 1st to February 21st, and new subscriber applications arescheduled to begin…
Read More
Following the increase in the volume of online retail business, or e-commerce, Thailand’s Court of Justice is planning to set up a new department in the Civil Court, exclusively to…
Read More
The Ministry of Commerce will seek cabinet approval next week for a 1.4 billion budget, from the Central Fund, to implement projects within three months which will ease the rise…
Read More
SINGAPORE, Jan 14 (Reuters) – Citigroup (C.N) has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) (UOBH.SI) for about $3.7 billion, bringing…
Read More
Thailand and the United Nations will be working closely together to realise the sustainable development goals (SDG) outlined in various economic development plans, according to Ministry of Foreign Affairs Spokesperson Tanee…
Read More
Thailand’s laying hen farmers agreed today (Thursday) to lower the ex-farm price of chicken eggs to 2.90 baht each, instead of 3 baht as recently set, to ease the financial burden…
Read More
For the third year in a row, Thailand’s and the global economic recovery will hinge on progress in fighting the COVID outbreak. Consumers, businesses, and policymakers will face five key…
Read More
Millions of company workers can heave a sigh of relief after Labour Minister Suchart Chomklin applied the brakes on a plan to extend the retirement age from 55 to 60….
Read More
The Internal Trade Department will meet with representatives of chicken farmer, chicken egg trader and exporter associations on Thursday, to decide whether egg prices should be allowed to increase, as…
Read More
Many food vendors in Thailand are complaining over skyrocketing pork prices, forcing them to increase the prices of their dishes by 5 baht a plate. Pork prices are currently 210-230…
Read More
The Department of Livestock Development has been urged to take immediate steps to contain African Swine Fever (ASF) in Thailand’s pig farms, before more damage is done to the pig…
Read More
As a three-month ban on the export of pigs came into effect on January 6, debate continues over what has led to the sudden surge in pork prices. According to kasetprice.com the…
Read More
Thai Chamber of Commerce (TCC) Chairman Sanan Angubolkul disagrees with raising the COVID-19 alert level to the extent that business activities are locked down again, saying that such a decisive…
Read More
Effective today (Thursday), the export of live pigs from Thailand is banned for three months, after the Commerce Ministry decided yesterday on measures to ease runaway pork prices in the…
Read More
Thailand’s Ministry of Agriculture and Agricultural Cooperatives will consult the Commerce Ministry over a temporary ban on the export of live pigs, to ease skyrocketing pork prices which are affecting…
Read More
TOKYO, Jan 4 (Reuters) – Asia’s factory activity grew in December as companies took rising global cases of the new Omicron coronavirus variant in stride, though persistent supply constraints and rising input…
Read More
The Thai General Insurance Association has predicted that more insurance companies may collapse next year, due to the surging number of claims for compensation for COVID-19 infections, if the Omicron…
Read More
Health care, beauty services and E-commerce have been identified as three top-performing businesses for the coming year, as they were this year, in wake of the COVID-19 pandemic, according to…
Read More
After the sharp economic contraction triggered by the pandemic in 2020, hopes were high that Thailand’s economy would stage a recovery in 2021. The COVID-19 outbreak in early 2020 had…
Read More
Thai economists have expressed concern that an outbreak of the COVID-19 Omicron variant, if it drags on for a long period, will severely impact Thailand’s economic growth. Amornthep Jawala, assistant…
Read More
In one of the most-watched acquisition deals of 2021, Siam Commercial Bank Pcl (SCBX) on November 2 announced it was taking a 51 percent stake in Bitkub Online Company for…
Read More
The Finance Ministry is considering levying a financial transaction tax (FTT) on stock trading next year, but a decision will depend on economic conditions, Finance Minister Arkhom Termpittayapaisith revealed recently….
Read More
An emergency fund can be a lifeline when we are faced with a worst-case scenario. It can be very helpful for unexpected life events, such as loss of employment or…
Read More
Thailand’s residential market will gradually improve next year due to more balanced supply and demand and the easing of housing loan regulations, but the full recovery to pre-pandemic levels will…
Read More
The Thai cabinet endorsed the Finance Ministry’s plan to roll out the fourth phase of the popular 50:50 co-payment scheme today (Tuesday), from March until the end of April, according…
Read More
Trading in digital assets in Thailand saw high growth in 2021, on par with global markets, as large numbers of investors have entered the market. The low-interest rates offered by…
Read More
Thailand took a major step towards legalizing casinos after the House of Representatives voted on December 2 to undertake a feasibility study on allowing gambling dens. Both the government and…
Read More
The Social Security Office of Thailand (SSO) has agreed to provide a one-time 5,000 baht support payment to nightlife entertainers, including musicians, comedians and other performers, who have been left…
Read More
Emphasising how the private sector is the one that needs to lead the country into recovery, Alfonso Garcia Mora, Vice President for Asia Pacific at the International Finance Corporation, (IFC), a sister…
Read More
Thai people may get to enjoy the benefits of the 50:50 co-payment and “Shop Dee Mee Kuen” (The More You Spend the More You Get) schemes until end of January,…
Read More
The recent discovery of the Omicron variant of the coronavirus has made global stock markets highly volatile — sharply down in late November and rebounding in early December. Thai stocks…
Read More
To cope with uncertainty and to overcome the health and economic difficulties brought about by COVID-19, the APEC 2022 host is to promote resilient, inclusive, balanced and sustainable growth for…
Read MoreThe Thai private sector is asking the government to extend the 50:50 co-payment economic stimulus scheme until the end of January and to continue the power and water rate cuts…
Read More
Italian-Thai Development PCL issued a statement today (Wednesday) offering assurance that the imprisonment of its president, Premchai Karnasuta, for poaching and other offences will not affect the operations or management…
Read More
After the recent relaxation of COVID-19 related restrictions, sales have gradually improved in restaurants and other businesses, but they are warning that reintroducing harsh measures or lockdowns could severely affect…
Read MoreSubscribers to the third phase of the 50:50 co-payment stimulus scheme have been advised to spend the balance in “Pao Tang” accounts, as the scheme will expire on December 31st…
Read More
HONG KONG (AFP): Asian markets broadly fell in morning trading Monday, tracking uncertainty over the Omicron variant of Covid-19 as well as disappointing US jobs data and the future of…
Read More
Cryptocurrency holders are staring at an uncertain future, as the authorities are at a crossroads on how to regulate the use of digital assets amid their increasing popularity. Investors who…
Read More
Thailand’s anti-CPTPP civil society organizations, claiming to represent 400,000 citizens, issued an open letter today (Thursday), addressed to Prime Minister Prayut Chan-o-cha, urging the government immediately to cease plans to…
Read More
Central Retail Corporation, Thailand’s leading retail conglomerate, has announced the conclusion of a partnership deal with the Thai unit of Singapore-headquartered ride-hailing application Grab, Grab Taxi Holding (Thailand) Company Limited….
Read More
Volatility and security risks mean that Thailand’s Central Bank remains unconvinced about the use of digital assets to purchase goods and services, as many shops have started allowing payment using…
Read More
The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply chain bottlenecks and a resurgent coronavirus have taken the shine off the comeback. Now…
Read More
Thailand’s Ministry of Labour is set to propose to the Centre for COVID-19 Situation Administration (CCSA) the compensation for nightlife business owners and their employees, after the reopening of nightclubs…
Read More
A hot debate has been raging in Thailand since the recent announcement of the plan to merge True Corporation, a subsidiary of conglomerate Charoen Pokphand Group, and Total Access Communication…
Read More
(Reuters) – Twitter Inc Chief Executive Officer Jack Dorsey is stepping down from his role and Chief Technology Officer Parag Agrawal will now lead the company, the social networking site announced on Monday. The appointment of Agrawal, a 10-year veteran of Twitter, signaled a…
Read More
Thailand’s Centre for COVID-19 Situation Administration (CCSA) decided today (Friday) to extend the country’s State of Emergency until January 31st and to remove the COVID-19 “dark red” zone status, spokesman…
Read More
Many operators in the hospitality sector have gone through the worst of their business lives due to the pandemic but now, with Thailand once again open to visitors, they are…
Read More