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BUSINESS

Thai Life agent has licence cancelled

Business, Nuntawun Polkuamdee, Published on 12/12/2025

» The Office of Insurance Commission (OIC) has revoked the licence of a life insurance agent of Thai Life Insurance Plc, after uncovering a large-scale premium fraud scheme that caused losses estimated in the hundreds of millions of baht.

PROPERTY

Developer moves to cut condo inventory

Business, Kanana Katharangsiporn, Published on 12/12/2025

» SET-listed developer Siamese Asset has launched an investment programme for its condo inventory to attract investors, amid growing difficulty for homebuyers securing mortgage loans and a slowdown in the corporate bond market.

BUSINESS

Pact aims to rev up pharma patent use

Business, Phusadee Arunmas, Published on 11/12/2025

» The Department of Intellectual Property (DIP) held discussions with the Food and Drug Administration (FDA) to support the targeted development of health products. The collaboration aims to enhance health offerings to better serve an ageing society and address emerging diseases.

BUSINESS

Offshore oil auction bidding to start soon

Business, Yuthana Praiwan, Published on 11/12/2025

» Thailand is to invite bids for offshore oil and gas exploration in the Andaman Sea, with cabinet approval expected by the end of this month, according to Energy Ministry permanent secretary Prasert Sinsukprasert.

BUSINESS

GH Bank sees 19% loan growth in 2025

Business, Wichit Chantanusornsiri, Published on 11/12/2025

» Government Housing Bank (GH Bank), a state-owned financial institution that has more than 40% of the market for housing loans across the financial system, believes that demand for homes priced below 2 million baht will remain strong next year.

BUSINESS

Calls to publicise updated entry rules

Business, Narumon Kasemsuk, Published on 11/12/2025

» Amid a rise in the number of cases of travellers being denied entry to Thailand, tourism operators are urging the government to regularly publicise updated rules and rely more on pre-screening methods, as the country tightens measures to curb multiple visa runs.

BUSINESS

Great Wall Motor to ramp up BEV output to 14,500

Business, Lamonphet Apisitniran, Published on 11/12/2025

» Chinese automaker Great Wall Motor (GWM) has announced plans to ramp up its annual production capacity of battery electric vehicles (BEVs) in Thailand to 14,500 units within the next two years, aligning with requirements under the government's EV incentive schemes.

BUSINESS

New round of clashes hurt eateries in border areas

Business, Kuakul Mornkum, Published on 11/12/2025

» The latest round of border clashes between Thailand and Cambodia has hit businesses located along the border. Restaurant operators are concerned that the tensions are discouraging people from visiting the areas during the peak season for tourism.

BUSINESS

Line Man Wongnai postpones SET listing

Business, Suchit Leesa-nguansuk, Published on 11/12/2025

» Line Man Wongnai is to postpone its plan to list shares on the Stock Exchange of Thailand (SET) this year due to unfavourable market conditions.

PROPERTY

Rental market thrives despite demand for home ownership

Business, Kanana Katharangsiporn, Published on 11/12/2025

» Most Thais continue to value owning high-value assets such as homes, widely regarded as symbols of stability, success and social standing, while the rental market is expanding rapidly as more consumers seek flexibility and avoid long-term debt obligations, according to the SCB Economic Intelligence Center (EIC).