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Search Result for “gross domestic product”

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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

Chinese shoppers are Asia's biggest airport spenders

South China Morning Post, Published on 23/02/2026

» HONG KONG — Chinese travellers are outspending their Asian peers at the region's airports in search of gifts, food and luxury purchases, a trade association has found.

BUSINESS

US to stop collecting tariffs ruled illegal by Supreme Court

Reuters, Published on 23/02/2026

» WASHINGTON  - The US Customs ​and Border Protection agency said ‌it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12.01am EST (12.01pm Thai time) on Tuesday, after the US ​Supreme Court ⁠declared the duties illegal.

THAILAND

IRPC accelerates 4R strategy: “Recapitalise, Revitalise, Reframe, Reinvent”

Published on 23/02/2026

» IRPC Public Company Limited (IRPC) led by Terdkiat Prommool, President and Chief Executive Officer announced:

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

Thailand is losing ground to Vietnam

Business, Wichit Chantanusornsiri, Published on 23/02/2026

» Vietnam's GDP is likely to catch up with Thailand's within two years unless the latter undertakes meaningful economic reforms, warn two academics.

LIFE

Oceania Cruises® Unveils Oceania Sonata™, Its Next-Generation Ship for 2027 

Published on 22/02/2026

» Oceania Cruises®, the world’s leading culinary and destination-focused luxury cruise line, recently unveiled Oceania Sonata, the latest expression of the brand’s signature blend of intimate, luxurious experiences. Set to debut in 2027, the vessel will be the first of four 1,390-guest ships in the new Sonata Class, representing the next chapter in the line’s continued evolution of its intimate, luxurious ship