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Thai dealers reiterate opposition to gold trading tax
Nareerat Wiriyapong, Published on 06/01/2026
» Local gold traders have reiterated their strong opposition to a plan by the Bank of Thailand to impose a tax on gold trading to curb the baht’s appreciation, as they predict bullion prices could soar to US$5,000 an ounce now that US President Donald Trump has threatened other countries following the invasion of Venezuela.
Over 145 nations set to exempt US firms from global minimum tax deal
Kyodo News, Published on 06/01/2026
» WASHINGTON — US multinational companies will be excluded from a global minimum corporate tax rate set in 2021 under a deal agreed by more than 145 countries and regions, the US Treasury Department reported on Monday.
Hong Kong ranked fourth for 'post-Covid air transit connectivity in Asia-Pacific'
South China Morning Post, Published on 06/01/2026
» Hong Kong ranked fourth in a university study on air transit connectivity at 16 aviation hubs across the Asia-Pacific in 2023.
Cooperation project in limbo
Business, Lamonphet Apisitniran, Published on 06/01/2026
» The Industrial Estate Authority of Thailand (IEAT) has become the latest agency affected by the dissolution of the House, forcing a delay in a multimillion-baht project to establish a new industrial estate tailored for South Korean investors.
Cane farmers win support
Business, Lamonphet Apisitniran, Published on 06/01/2026
» The Office of the Cane and Sugar Board (OCSB) has announced measures to support sugar cane farmers affected by the ongoing border tensions between Thailand and Cambodia that have disrupted farming activities in five provinces.
US invasion adds support to strong local currency
Business, Nareerat Wiriyapong, Published on 06/01/2026
» The baht is expected to trade in a range of 31.00-31.85 to the US dollar this week, supported by a rally in global gold prices driven largely by the US invasion in Venezuela.
Gold set to gain from Venezuelan upheaval
Business, Nareerat Wiriyapong, Published on 06/01/2026
» Gold prices could potentially revisit the record high of US$4,549 an ounce, pushing the domestic price of gold bars to 67,000 baht per baht-weight, attributed to geopolitical tensions after the US announced it is "managing" Venezuela following the capture and removal of President Nicolás Maduro, gold traders say.
American invasion likely to shape crude prices, baht
Business, Wichit Chantanusornsiri, Published on 06/01/2026
» The US invasion of Venezuela is likely to send global oil prices lower and weaken the baht, according to a researcher, while managing economic and diplomatic policy amid geopolitical entanglements could become more complicated.
Gold, oil jolted by US assault on Venezuela as investors recalibrate amid commodity boom
South China Morning Post, Published on 05/01/2026
» SHANGHAI — The US assault on Venezuela jolted the global commodity markets, sending gold higher and reinforcing the long-term bearish view on crude oil as investors navigate rising geopolitical tensions to start 2026.
Gold surges as US capture of Venezuelan president spurs safe-haven demand
Reuters, Published on 05/01/2026
» DELHI - Gold prices climbed on Monday and other precious metals surged, after the United States captured Venezuelan President Nicolas Maduro over the weekend, escalating geopolitical tensions and lifting safe-haven demand.