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Search Result for “currency”

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THAILAND

Double A Posts Revenue Surpassing 16 Billion Baht and Nearly 1 Billion Baht in Profit

Published on 02/12/2025

» The company stands firm amid economic volatility with steady sales volume and market share in key domestic markets while expanding growth in new markets such as India, Australia, and Africa.

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THAILAND

SCB WEALTH Navigates the “Storm Shift” at Year-End Forum

Published on 28/11/2025

» SCB WEALTH under Siam Commercial Bank (SCB) recently hosted the SCB WEALTH Holistic Wealth Forum 2025 under the theme “Storm Shift”, bringing together top-tier local and global experts to provide clients with a strategic “investment compass” to weather global economic storms. Looking ahead to 2026, the forum identified it as a pivotal year marked by major disruptions—from geopolitical tensions and AI-driven technological shifts to evolving global economic structures. Despite these challenges, Thailand is seen as entering a “golden opportunity” phase, supported by surging foreign investment figures from the Board of Investment (BOI). Foreign investment and capital markets are accelerating efforts to transition Thailand into the New Economy, driven by the Third Wave of innovation in AI, semiconductors, and data centres. BlackRock highlighted AI infrastructure as a major force poised to reshape the global economy. Meanwhile, Hua Seng Heng projected that gold prices will remain on an upward trajectory in 2026, with potential to reach USD 4,700. SCB Fund Management (SCBFM) forecasted Thai baht volatility within a range of THB 31–33 per USD. The forum concluded with insights on family office strategy and the importance of establishing a family constitution to ensure long-term wealth preservation. Experts emphasised the need for neutral mediation mechanisms to protect family wealth from internal disruptions and promote sustainable legacy planning.

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THAILAND

Krungthai, Crimson Guide Path to Global Universities

Published on 24/11/2025

» “Investment in education” remains a cornerstone strategy for Thailand’s high-net-worth families. Crimson Education, a leading global university admissions consultancy, reports that Thai parents increasingly recognise the value of building their children’s “educational capital”, viewing access to world-class institutions as a high-return, long-term investment in their family’s future.

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THAILAND

Scam bases drawn to economic zones

News, Apinya Wipatayotin, Published on 24/11/2025

» Chiang Mai: Economic zones in the East have the potential to be a hub for money laundering, says a study from a Chiang Mai University academic who found ease-of-doing-business rules, introduced to attract foreign investment, could turn into a legal loophole.

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THAILAND

Raid nets 15 foreigners at Bangkok crypto scam site

News, Wassayos Ngamkham, Published on 15/11/2025

» Fifteen foreigners were apprehended when police raided a building off Soi Nuanchan in Bangkok, where they were seen using a website designed to lure victims into fraudulent cryptocurrency trading schemes.

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THAILAND

CPF’s Overseas Growth Lifts Nine-Month Profit

Published on 14/11/2025

» Charoen Pokphand Foods PCL (CPF) posted a net profit of THB 24.1 billion for the first nine months of 2025, a 57% increase from the same period last year. The rise was driven largely by overseas operations, which now account for two-thirds of the company’s total sales.

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THAILAND

Old dogs need new tricks

Published on 08/11/2025

» Former prime minister Abhisit Vejjajiva’s return to lead the Democrat Party has brought back a familiar sense of order — and the familiar faces that once defined Thailand’s oldest political institution.

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THAILAND

BoT to begin reporting forex interventions next year

News, Somruedi Banchongduang, Published on 01/11/2025

» The Bank of Thailand (BoT) will begin publicly reporting details of its foreign exchange intervention activities and international reserves next year, following a joint statement with the US Department of the Treasury aimed at enhancing transparency and policy coordination.

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THAILAND

Iranian couple caught running off with Indian man's cash in Bangkok mall

Online Reporters, Published on 24/10/2025

» Two Iranian nationals were arrested in a Pathum Wan mall on Thursday after trying to run off with US$1,600 they "asked to see" from an Indian man.

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THAILAND

Hotels seek rabbi's help

News, Supapong Chaolan, Published on 16/10/2025

» SURAT THANI: The Koh Phangan Hotel and Tourism Association has sought cooperation from a local religious leader to encourage Israeli tourists to respect Thai laws and local customs amid rising tensions on the island.