Showing 1 - 10 of 2,010
Rethinking the central bank's role
Business, Wichit Chantanusornsiri, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 16/02/2026
» With Thai economic growth this year expected to sink to its weakest level in a decade, excluding the pandemic shock, Bank of Thailand governor Vitai Ratanakorn recently signalled a possible shift in the central bank's role, seeking more active engagement with problems in the real economy.
Report: Thai hotel rates increased 3% in 2025
Business, Narumon Kasemsuk, Published on 12/02/2026
» The average daily rate for hotels in Thailand surged by 3% last year to 4,984 baht and they recorded a longer average length of stay, with Booking.com, Agoda, and direct hotel bookings generating the most revenue, according to SiteMinder.
Bank of Thailand takes closer look at large cash transactions
Business, Somruedi Banchongduang, Published on 12/02/2026
» The Bank of Thailand is tightening oversight of cash transactions by introducing stricter due diligence requirements and clearer verification of the purpose of fund usage, in an effort to curb suspicious transactions.
Singapore data centre deal valued at US$5.1 billion
Business, Suchit Leesa-nguansuk, Published on 05/02/2026
» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).
Banpu acquires battery farm in US
Business, Yuthana Praiwan, Published on 03/02/2026
» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.
New fund may finance electric rail lines
Business, Wichit Chantanusornsiri, Published on 02/02/2026
» The State Enterprise Policy Office (Sepo) is studying guidelines for establishing a 200-billion-baht Thailand Future Fund to acquire all electric railway projects in Bangkok and surrounding areas, bringing them under state ownership.
Gold traders seek clarity on new trading rules
Business, NAREERAT WIRIYAPONG and WICHIT CHANTANUSORNSIRI, Published on 28/01/2026
» The Gold Traders Association (GTA) is asking the Bank of Thailand to clarify all the regulations it is set to enforce regarding gold trading, asking for more time to comply, particularly with the measure for online gold trading using dollar-based transactions.
Delay urged for online gold trade tax
Business, Wichit Chantanusornsiri, Published on 27/01/2026
» The Election Commission (EC) and the Council of State have indicated that a decision on imposing a specific business tax on gold trading via online platforms must await the formation of a new government.
Land & Houses projects housing slump amid economic stagnation
Business, Kanana Katharangsiporn, Published on 22/01/2026
» SET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions.
New land appraisal prices to have limited impact
Business, Wichit Chantanusornsiri, Published on 21/01/2026
» A new round of land appraisal prices to be effective in 2027 is expected to increase land prices along mass transit lines in Bangkok and surrounding areas by no more than 10%, attributed to the ongoing economic slowdown.