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GENERAL

Banking loan growth to slump in Q2

Business, Somruedi Banchongduang, Published on 21/05/2025

» Loan growth in the banking sector is expected to slow in the second quarter this year due to rising uncertainty surrounding global trade policies, according to an executive at the Bank of Thailand.

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GENERAL

Firms wary of debt amid US tariff woes

Business, Somruedi Banchongduang, Published on 20/05/2025

» Companies have postponed the drawing down of new credit lines as they await clarity on US tariffs following the announcement of the 90-day suspension period, according to a Bank of Ayudhya (Krungsri) executive.

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OPINION

Asean countries are facing their own 'China shock'

News, Published on 20/05/2025

» As the United States and Europe have sought to loosen their economic ties with China in recent years, Beijing has focused on expanding its export markets across the "Global South", particularly in Southeast Asia. But this could create significant economic risks as the region's manufacturers struggle to compete. Regardless of the contours of any eventual US-China trade deal, Beijing's exports to America seem destined to continue falling, as do those to the European Union. The bloc has been seeking to "de-risk" from Chinese imports and supply chains, particularly when it comes to electric vehicles, batteries and solar power equipment.

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GENERAL

Index dips to lowest level since October 2024

Business, Lamonphet Apisitniran, Published on 20/05/2025

» The Thai Industries Sentiment Index (TISI) fell to 89.9 points in April, the lowest level since October 2024, due to a raft of factors ranging from US President Donald Trump's tariff policy to the Songkran holiday, said the Federation of Thai Industries (FTI).

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GENERAL

Trump tariffs force EU to cut 2025 eurozone growth forecast

AFP, Published on 19/05/2025

» BRUSSELS (BELGIUM) - The EU on Monday sharply cut its eurozone economic growth forecast for 2025 because of global trade tensions sparked by US President Donald Trump's sweeping tariffs.

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GENERAL

Midpoint of Trump tariff hiatus to reveal increasingly unsettled world

Published on 19/05/2025

» Reports in the coming week may give the fullest reading to date of how major economies are faring with trade disruptions, halfway through US President Donald Trump’s 90-day hiatus on so-called reciprocal tariffs.

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MOTORING

Call for light touch on missed EV targets

Lamonphet Apisitniran, Published on 19/05/2025

» Electric vehicle (EV) manufacturers in Thailand are calling on the government to maintain subsidies and cancel fines for those failing to meet state production targets as the automotive industry slows to a crawl.

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GENERAL

Asian markets cool after rally fed by trade truce

Business, Published on 17/05/2025

» RECAP: Asian markets limped into the weekend as investors consolidated gains after a week-long rally spurred by a truce in the China-US trade war.

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MOTORING

Neta Auto banks on new investors

Published on 15/05/2025

» A new investor group is expected to take over debt-ridden Neta Auto, looking to revive the Chinese battery electric vehicle (BEV) maker in China and Thailand, says the head of the local subsidiary.

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GENERAL

Tax changes to cushion blow of US tariffs

Business, Lamonphet Apisitniran, Published on 15/05/2025

» The Board of Investment (BoI) expects to decide next week on a plan to offer new tax incentives to help investors cope with the impact of US President Donald Trump's reciprocal tariff policy.