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BUSINESS

Thai Senate approves 2026 budget

Published on 02/09/2025

» The Senate on Tuesday approved Thailand’s 3.78-trillion-baht budget for 2026, offering relief to investors concerned about political uncertainty following the court-ordered dismissal of Paetongtarn Shinawatra as prime minister last week. 

BUSINESS

Kasikornbank scraps key profit target amid weak economy

Published on 02/09/2025

» Kasikornbank Plc abandoned a key earnings target on concerns that the already weak Thai economy may deteriorate further, denting loan demand and increasing defaults.

BUSINESS

Gold punches through $3,500 to hit record on rate-cut bets

Bloomberg News, Published on 02/09/2025

» MELBOURNE — Gold hit a record as the prospect of United States Federal Reserve rate cuts and growing concerns over the central bank’s future gave fresh legs to the multiyear rally in precious metals.

THAILAND

Council of State reaffirms opinion caretaker PM cannot dissolve House

Online Reporters, Published on 02/09/2025

» Council of State secretary-general Pakorn Nilprapunt has reiterated the council's opinion that the authority to dissolve the House of Representatives rests solely with the prime minister, not a caretaker premier.

BUSINESS

Thai political turmoil threatens growth, lifts rate cut bets

Published on 02/09/2025

» With Thailand’s major political parties vying to form a new government — which may last only a few months — economists see further risks to economic growth and rising odds of steeper interest rate cuts.

WORLD

Bolsonaro verdict looms as Brazil coup trial closes

AFP, Published on 02/09/2025

» BRASíLIA — Brazil's Supreme Court will on Tuesday start passing judgment in the coup-plotting trial of former president Jair Bolsonaro, a case that has put the Latin American powerhouse in US President Donald Trump's sights.

BUSINESS

Expert urges cutting reliance on US buyers

Business, Wichit Chantanusornsiri, Published on 02/09/2025

» The Thai government has been advised to reduce its dependence on the US market, which is expected to shrink under US President Donald Trump's reciprocal tariff policy.

BUSINESS

Baht facing unstable week amid upheaval

Business, Somruedi Banchongduang, Published on 02/09/2025

» Greater baht volatility is expected this week, pressured by domestic political instability and expectations of a US policy rate cut later this month.

THAILAND

Activists urge EC to act on Thaksin-Thanathorn talks

News, Post Reporters, Published on 02/09/2025

» Two activists have requested that the Election Commission (EC) investigate a private meeting between former premier Thaksin Shinawatra and Progressive Movement leader Thanathorn Juangroongruangkit on Saturday.

THAILAND

People's Party weighs up its prime minister pick

News, Published on 02/09/2025

» The People's Party (PP) has yet to reach a consensus on which candidate to support in the upcoming parliamentary vote for the 32nd prime minister.