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Search Result for “Bank of Thailand”

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GENERAL

B25 billion approved for AI development

Published on 30/07/2025

» The National Artificial Intelligence Committee has approved a budget framework calling for a government investment of at least 25 billion baht to drive AI development in Thailand over the 2026 and 2027 fiscal years.

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THAILAND

UK court says oligarch looted $1.9bn from Ukrainian bank

AFP, Published on 30/07/2025

» LONDON - The Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion that they “unlawfully” appropriated from a Ukrainian bank they owned, London’s High Court ruled Wednesday.

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GENERAL

US economy returns to growth amid tariff turbulence

AFP, Published on 30/07/2025

» WASHINGTON - The US economy returned to growth in the second quarter, government data showed Wednesday, as analysts warned of distortions due to shifting trade flows over President Donald Trump’s tariffs.

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GENERAL

Fed set to hold firm against Trump pressure

AFP, Published on 30/07/2025

» WASHINGTON - The US Federal Reserve is expected to defy aggressive pressure from President Donald Trump and keep interest rates unchanged Wednesday, though divisions about the best response to tariff risks may bubble to the surface.

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THAILAND

Ngern Tid Lor PLC Named One of Thailand’s Most Valuable Brands in Brand Finance Thailand 50

Published on 30/07/2025

» Ngern Tid Lor Public Company Limited, a subsidiary of Tidlor Holdings (TIDLOR), has been recognized as the top-ranking Thai non-bank brand in the Brand Finance Thailand 50 list for 2025—an annual evaluation conducted by the world’s leading brand valuation consultancy.

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PROPERTY

Developer confidence slumps in Q2

Business, Kanana Katharangsiporn, Published on 30/07/2025

» The sentiment index of Greater Bangkok housing developers dropped to its third-lowest level in the second quarter of 2025, behind the massive floods in 2011 and the global financial crisis in 2008, even sinking below sentiment during the pandemic.

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GENERAL

Analysts predict tariff of 19-20% on Thai goods

Business, Nuntawun Polkuamdee, Published on 30/07/2025

» Investors are eagerly monitoring the upcoming US decision on import tariffs for Thai goods, as analysts anticipate a rate in line with regional peers of 19-20%, but not exceeding 25%.

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GENERAL

Tourism tax stimulus on the cards for low season

Business, Wichit Chantanusornsiri, Published on 30/07/2025

» The Revenue Department is considering tax measures to stimulate tourism during the low season, potentially allowing individuals to deduct up to 15,000 baht in travel expenses from their taxable income.

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GENERAL

Talks depend on truce in border altercation

Business, Nareerat Wiriyapong, Published on 30/07/2025

» Though the US has already reached trade agreements with many countries, Thailand's negotiations with Washington remain complicated in the final phase as President Donald Trump says a Thailand-Cambodia truce is a condition for resuming trade talks.

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THAILAND

Rising river levels trigger flood alerts

News, Post Reporters, Published on 30/07/2025

» Flood warnings have been issued as river levels have surged rapidly in some northern provinces, with a Cell Broadcast (CB) alert sounded as water rose quickly on the Kok River.