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Search Result for “bank deposit rate”

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BUSINESS

Plan to tax gold imports stokes Thai industry criticism

Nareerat Wiriyapong and Wichit Chantanusornsiri, Published on 23/02/2026

» Gold traders strongly oppose the Customs Department’s plan to ask the incoming government to impose import duties on gold, warning that Thailand could lose its status as a gold trading hub if the measure is implemented. They added that gold is now regarded as an investment asset rather than a commodity subject to tariffs.

BUSINESS

Thai exports hit 4-year high despite strong baht

Somhatai Mosika, Published on 23/02/2026

» The baht’s value is the most important factor affecting exports following the US decision to impose a 15% tariff on imports, with Thai exports recording their strongest growth in four years in January, according to the Trade Policy and Strategy Office (TPSO).

BUSINESS

Thailand sees upside to Trump court ordered US tariff reset

Bloomberg, Published on 23/02/2026

» A reset of many US tariffs to a uniform 15% will strengthen Thailand’s appeal as a manufacturing and investment hub, according to Finance Minister Ekniti Nitithanprapas.

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).

BUSINESS

Using credit scores to gauge interest

Business, Somruedi Banchongduang, Published on 23/02/2026

» For decades, Thai banks have relied on borrowers' monthly income to decide how much interest they should pay on personal loans. Now an individual's credit score can help determine interest rates, a shift that could reshape how consumers borrow and how banks manage risk.

BUSINESS

Dead man walking

Business, Lamonphet Apisitniran, Somhatai Mosika and Nuntawun Polkuamdee, Published on 23/02/2026

» Being labelled the "sick man of Asia" has forced Thailand to reassess the long‑standing problems causing its "chronic economic illness".

BUSINESS

Trump boosts new tariff rate to 15% a day after announcing 10%

Bloomberg News, Published on 22/02/2026

» President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence as he lashed out at the US Supreme Court over its ruling that his preferred mechanism for applying tariffs was illegal.

BUSINESS

‘Little reprieve’ for Thailand after US tariff ruling

Somhatai Mosika and Lamonphet Apisitniran, Published on 21/02/2026

» The issue of US tariffs is expected to intensify now that the US Supreme Court has struck down President Donald Trump’s use of an emergency powers law to impose them, Thai exporters and economists say.

BUSINESS

Asian economies weigh latest Trump tariff moves

Reuters, Published on 21/02/2026

» HONG KONG - US trading partners in Asia started weighing fresh uncertainties on Saturday ​after President Donald Trump vowed to impose a new tariff on ‌imports, hours after the Supreme Court struck down many of the sweeping levies he used to launch a global trade war.

BUSINESS

Post-poll upswing continues on SET

Business, Bualuang Securities, Published on 21/02/2026

» Thai shares rose for most of this week, with the SET index approaching the key psychological and technical resistance level of 1,500 points, before a dip prompted by profit-taking and geopolitical stress on Friday.