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WORLD

EU targets Russian oil with tough new sanctions

AFP, Published on 18/07/2025

» BRUSSELS - The European Union on Friday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow’s oil exports.

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WORLD

Dozens protest in Malaysia against Trump nominee for US envoy

Published on 18/07/2025

» KUALA LUMPUR - Dozens of demonstrators gathered outside the US embassy in Kuala Lumpur on Friday to protest against the proposed appointment of Nick Adams, a self-styled "alpha male" influencer, as the United States' envoy to Malaysia.

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GENERAL

Thailand expects similar tariffs to other regional countries: minister

Published on 18/07/2025

» Thailand expects to receive US tariff rates by Aug 1 that are close to those imposed on other countries in the region, the finance minister said on Friday following talks with the United States Trade Representative.

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GENERAL

Russia targets Southeast Asian markets for grain exports

Published on 18/07/2025

» MOSCOW - Russia is targeting large markets in Vietnam, Indonesia, Malaysia, the Philippines and Bangladesh for grain exports in the new marketing season that began on July 1, Ilya Ilyushin, head of state export agency Agroexport, said on Thursday.

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GENERAL

Thaksin touts golden visa, higher travel fees to boost Thailand

Bloomberg News, Published on 18/07/2025

» Former prime minister Thaksin Shinawatra suggested Thailand create a golden visa scheme for wealthy foreigners to become long-term residents and called on Airports of Thailand Plc (AOT) to hike passenger service fees to boost the sluggish economy.

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THAILAND

Thais will not slash all tariffs on US goods

News, Published on 18/07/2025

» Thailand will not agree to reduce tariffs to zero on all US goods in ongoing trade talks, as such a move could significantly impact domestic producers and strategic industries, Deputy Finance Minister Paopoom Rojanasakul said.

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GENERAL

SCB opts to scale down operations

Business, Somruedi Banchongduang, Published on 18/07/2025

» Siam Commercial Bank (SCB) plans to scale down its business operations over the next 12–18 months in response to a weaker outlook for the Thai economy.

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GENERAL

Thailand to offer ‘no tariffs on 90% of US goods’

Published on 17/07/2025

» Thailand is ready to offer scrapping tariffs on 90% of US goods, up from 60% in an earlier proposal, in a bid to avert a punishing 36% levy threatened by President Donald Trump, according to a business group advising Thai negotiators.

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THAILAND

Grenada PM Welcomes Honorary Consul from Thailand 

Published on 17/07/2025

» Grenada, 10th of July 2025 – The Government of Grenada, led by Prime Minister Honourable Dickon Mitchell, officially welcomed Mr. Shubhodeep Das, Honorary Consul for Grenada in Thailand and Group Chief Executive Officer of Hylife Group, to Grenada, during an official courtesy visit at the Office of the Prime Minister. Mr. Alloysius Heng, Group Advisor of Hylife Group, and Dr. Richard A. Nixon, Ambassador of Grenada, also joined the discussion on this occasion. 

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GENERAL

US tariffs yet to hit cassava exports

Business, Phusadee Arunmas, Published on 17/07/2025

» Producers say the new US tariff is not hindering cassava exports while the Ministry of Commerce is actively exploring new export markets including the Middle East, New Zealand and South Korea.