Showing 1 - 10 of 3,212
Jorakay eyes 10% growth as overseas sales boom
Business, Kanana Katharangsiporn, Published on 01/05/2025
» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.
Bank of Thailand cuts rate as tariff ‘storm’ darkens outlook
Published on 30/04/2025
» The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs.
Yip In Tsoi ‘interested in Foodpanda’
Business, Suchit Leesa-nguansuk, Published on 29/04/2025
» Yip In Tsoi, the operator of the Robinhood application, is reportedly interested in acquiring the online food delivery business of Foodpanda, which is scheduled to exit Thailand on May 23.
Bank of Thailand expected to cut policy rate to 1.75%
Published on 28/04/2025
» The Bank of Thailand (BoT) is expected to slash its policy rate by 0.25 percentage points on Wednesday, amid slower economic growth primarily impacted by the US's tariff policies.
Banks help sugar farmers combat PM2.5
Business, Somruedi Banchongduang, Published on 28/04/2025
» The amount of PM2.5 air pollution has increased in Thailand in recent years, driven by multiple factors such as industrial manufacturing, the widespread use of internal combustion engine-powered vehicles, and the open burning of garbage and agricultural crop residue.
Pundits warn of earnings downturn amid trade war
Business, Nuntawun Polkuamdee, Published on 28/04/2025
» The first-quarter net profits of listed Thai companies are projected to decline 13% year-on-year, but grow 16% quarter-on-quarter, according to analysts who warn an earnings downgrade is on the horizon given the trade war.
Foodpanda calls it a day in Thailand
Business, Suchit Leesa-nguansuk, Published on 24/04/2025
» Analysts expect Thailand's food delivery market will have only two to three major players as market maturity requires economies of scale and players diversifying to businesses with better profit margins.
Banks post marginal profit growth in Q1
Business, Somruedi Banchongduang, Published on 22/04/2025
» The banking industry reported marginal growth in net profit for the first quarter of 2025, primarily due to lower net interest income (NII), aligning with a contraction in loans.
'We really need to talk'
Business, Post Reporters, Published on 21/04/2025
» With trade tensions exacerbated by the US's reciprocal tariffs, key business sectors are calling on the Thai government to prioritise negotiations with Washington during the 90-day pause, as the nation is expected to be one of the hardest hit from the tariff rate of 36%, which is significantly higher than the regional and global average.
Virtual banks to be announced in June
Business, Somruedi Banchongduang, Published on 18/04/2025
» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.