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Search Result for “12 million baht”

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BUSINESS

Foreign arrivals down 7.6% so far this year 

Reuters, Published on 17/02/2026

» ⁠Thailand's foreign ​tourist arrivals dropped 7.59% year-on-year ​in ‌the period Jan 1 to Feb 15, to ⁠about 5.07 million people, the Tourism Ministry said ‌on Tuesday.

BUSINESS

Gold slides below $5,000 as Lunar New Year holiday mutes trade

Bloomberg News, Published on 17/02/2026

» LONDON — Gold slipped further below US$5,000 an ounce in thin trading, with much of Asia closed for the Lunar New Year and after a US holiday on Monday.

BUSINESS

Hotel operators call for restructure of land tax

Business, Narumon Kasemsuk, Published on 17/02/2026

» Hotel operators believe requesting land and building tax discounts on a yearly basis will not help the business sector reduce its fixed‑cost burden in the long run, and urged the government to revise this tax structure to be based on revenue, similar to the previous property tax.

BUSINESS

Gulf Development increases Kasikornbank stake to 10%

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» A move by Gulf Development Plc (GULF) to raise its shareholding in Kasikornbank (KBank) to 10% is seen as a calculated effort to balance financial optimisation with long-term strategic positioning, while carefully navigating regulatory constraints, analysts say.

BUSINESS

NCB frets over potential uptick in informal debt

Business, Somruedi Banchongduang, Published on 17/02/2026

» The National Credit Bureau (NCB) has expressed concern about a potential rise in informal debt amid subdued loan growth in the banking sector and an easing household debt-to-GDP ratio.

BUSINESS

Economy has 'left ICU', says finance chief

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 17/02/2026

» Thailand's economy has now "left the intensive care unit [ICU]", reflected in fourth-quarter growth of 2.5%, which surpassed the earlier projection of 1.8% and lifted full-year 2025 growth to 2.4%, above the 2% forecast, said caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

BoI approves B2.3bn heat-assisted storage project for WD unit

Business, Lamonphet Apisitniran, Published on 17/02/2026

» The Board of Investment (BoI) has approved a 2.3-billion-baht research and development project on heat-assisted magnetic recording (HAMR) technology for Western Digital's Thai unit, Western Digital Storage Technology (Thailand) Co (WD), with the aim of achieving hard disk drive capacities exceeding 100 terabytes (TB) by 2029.

BUSINESS

Nomination nightmare for precious metals

Business, Published on 17/02/2026

» The nomination of Kevin Warsh as the new chairman of the US Federal Reserve turned into a nightmare for the precious metals complex on Jan 30. Prices plummeted at an unprecedented pace as speculators who had fuelled the relentless rally started to sell.

BUSINESS

State firms told to avoid borrowing when investing

Business, Wichit Chantanusornsiri, Published on 17/02/2026

» The Finance Ministry may require state-owned enterprises planning new investments to rely primarily on their own revenues to reduce the burden on public debt.

BUSINESS

Motorcycle industry targets 2m units

Lamonphet Apisitniran, Published on 17/02/2026

» Thailand's motorcycle industry is setting its sights on producing 2 million units in 2026, driven by expectations of stronger economic conditions, according to the Federation of Thai Industries (FTI).