Showing 1 - 10 of 26,168
NESDC slashes growth forecast to 1.8%
Published on 19/05/2025
» The state planning unit has slashed its economic growth forecast for this year to 1.8%, down from its earlier projection of 2.8% due to the impact of the global trade war.
Thailand slashes growth forecast on impact of trade war
Published on 19/05/2025
» Thailand significantly lowered its forecast for economic growth this year as the global trade war undercuts private investment and exports, adding to already-weak consumption at home.
Thailand's richest man raises stake in Kasikornbank, now No.3 shareholder
Published on 19/05/2025
» Gulf Development Plc, controlled by Thailand’s richest man Sarath Ratanavadi, has raised its stake in Kasikornbank Plc to about $610 million, making it the commercial lender’s third-largest shareholder.
Thai economy saw Q1 boost ahead of higher US tariffs
Bloomberg News, Published on 19/05/2025
» Thailand’s economy grew at a faster-than-expected pace last quarter as businesses front-loaded orders in a bid to avoid the Trump administration’s threatened 36% tariff. Gross domestic product in the January-March period rose 3.1% from a year earlier, the National Economic and Social Development Council said on Monday.
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.
Police examine multiple bank accounts in abbot's B300m embezzlement case
Post Reporters, Published on 18/05/2025
» Police are examining numerous bank accounts belonging to Wat Rai Khing in Nakhon Pathom during their ongoing probe into its former abbot's alleged 300-million-baht embezzlement from the temple’s funds.
Exhibition shows plight of quake survivors
News, Published on 18/05/2025
» Imagine standing before a centuries-old pagoda as it shakes and crumbles into dust. In that instant, the world you knew vanishes as families run down the street in panic.
FPT Deepens Thai Partnerships to Drive Digital Transformation
Published on 17/05/2025
» Bangkok, May 2025 — Global IT firm FPT Corporation (FPT) has formed strategic partnerships with two of Thailand’s leading enterprises—Sunline and Buzzebees—underscoring the deepening technological and business collaboration between the two nations amid their shared momentum in digital economic growth. The event took place during the official visit of Thailand’s Prime Minister H.E. Paetongtarn Shinawatra – her first official visit to Vietnam since taking office in August 2024.
Would more debt fix the economy?
Business, Wichit Chantanusornsiri, Published on 17/05/2025
» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.
Bank rate cut to trim interest margin
Business, Somruedi Banchongduang, Published on 17/05/2025
» Large local banks have lowered their interest rates in response to the Bank of Thailand's recent policy rate cut, a move that is expected to compress the banking sector's net interest margin (NIM) this year.