Showing 1 - 10 of 4,673
King Power cites economic doldrums while closing storefronts in 3 Thai airports
Online Reporters, Published on 13/06/2025
» Airports of Thailand (AOT) shares fell 7.8% on Friday following an announcement by Thai duty-free retailer King Power that it intends to shutter its stores in Phuket, Chiang Mai and Hat Yai airports, pointing to the steadily declining economy and heightened rental fees.
US-Thailand tariff talks likely to be virtual as deadline nears
Published on 13/06/2025
» Thailand’s tariff negotiations with the US are likely to take place virtually as President Donald Trump’s self-imposed July 9 deadline nears, according to the Department of Trade Negotiations.
Stocks drop, gold and oil up as Israel hits Iran
Bloomberg News, Published on 13/06/2025
» SINGAPORE — Stocks fell along with equity-index futures and investors rushed to the safety of haven assets after Israel attacked Iran’s nuclear programme sites in a major escalation of tensions in the Middle East. Crude oil jumped 11%, the biggest move in more than three years.
Making sense of the new global economy
Oped, Published on 13/06/2025
» As the world becomes more volatile and confusing, policymakers, business leaders and investors will need to rethink the mental models they use to analyse the global economy. Specifically, they should pay attention to three structural dynamics that are altering the global landscape: capital flows, demographic shifts and political ideology, which are ushering in a more fragmented and siloed world.
Congestion at Laem Chabang to add B20 billion to Thai shippers’ costs
Published on 12/06/2025
» Thai exporters and importers risk more than 20 billion baht ($616 million) in added annual logistics costs as congestion worsens at Laem Chabang, the country’s main deep-sea port, driven by a surge in shipments ahead of potential steep US tariffs.
Thai consumer confidence hits 27-month low
Published on 12/06/2025
» Thai consumer confidence dropped for a fourth consecutive month in May, falling to its lowest level in 27 months, due to concerns over US tariffs and a sluggish economy, a survey showed on Thursday.
K-Research predicts rise in recession risk this year
Business, Somruedi Banchongduang, Published on 12/06/2025
» Kasikorn Research Center (K-Research) anticipates an increased risk of a technical recession in the Thai economy during the second half of this year, though it maintained its GDP growth forecast for 2025 at 1.4%.
Border standoff hits stocks
Business, Nuntawun Polkuamdee, Published on 12/06/2025
» The border confrontation between Thailand and Cambodia has caused investor jitters across regional bourses, with the Stock Exchange of Thailand (SET) index dropping by 4.8% since May 15.
Financing FY 2026 deficit will fall short
News, Chartchai Parasuk, Published on 12/06/2025
» My message is short, loud and clear. There will not be enough money to finance FY 2026's 860 billion baht budget deficit. Without enough money, the budget will collapse and take the economy down with it. The government is learning the bitter lesson of drying up finance sources now, but budget financing will be in crisis in the 2026 fiscal year.
Trump touts ‘done’ deal on China trade truce
AFP, Published on 11/06/2025
» WASHINGTON - US President Donald Trump touted ties with China as “excellent” on Wednesday, saying the superpowers reached a deal after two days of talks aimed at preserving a truce in their damaging trade war.