Showing 1 - 10 of 49
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.
Thailand sees annual foreign tourist arrivals slow to 33 million
Bloomberg News, Published on 02/01/2026
» Thailand, famed for its beaches and relaxing vibes, saw its first decline in tourist arrivals in years in 2025, as holidaymakers’ confidence was rattled by a series of events that rocked the nation.
Safety first for Chinese
Business, Kuakul Mornkum, Published on 24/12/2025
» Thai tourism started 2025 with a scandal as Chinese actor Wang Xing was abducted and taken to a scam centre in Myanmar, then an earthquake shook Bangkok, natural disasters persisted throughout the year, and a border skirmish between Thailand and Cambodia remains ongoing.
CP AXTRA launches zero waste project by 2030
Published on 08/09/2025
» Bangkok, September 8, 2025 – As sustainability becomes an urgent priority for businesses worldwide, CP AXTRA Public Company Limited, operator of Asia’s leading wholesaler and retailer “Makro – Lotus’s,” is stepping forward with a bold initiative. The company has launched the “AXTRA Zero Waste: Less Waste, More Value” project, setting a goal of achieving zero food waste to landfill by 2030. By collaborating with partners and leveraging green innovations, CP AXTRA aims to transform waste into benefits for society, farmers, and the environment.
CP AXTRA Leads Sustainable Retail Drive at GCNT Expo 2025
Published on 19/08/2025
» At the GCNT Expo 2025 – Forward SDGs Faster Together, CP AXTRA Public Company Limited, the operator of Makro and Lotus’s, reaffirmed its position as a leader in sustainable wholesale and retail. The company underscored its commitment to improving quality of life for communities while advancing the United Nations Sustainable Development Goals (SDGs), with a particular focus on Goal 12: Responsible Consumption and Production.
Cambodian power deal to be cancelled
Yuthana Praiwan, Published on 31/07/2025
» The Provincial Electricity Authority (PEA), a Thai government power distribution arm, is preparing to terminate a power purchase agreement with Cambodia following the disconnection of electricity transmission to the neighbouring country during the current territorial dispute.
Border clash fails to dent Cambodian trade
Business, Phusadee Arunmas, Published on 05/06/2025
» Cross-border trade between Thailand and Cambodia remains unaffected by their ongoing boundary dispute, but the private sector is urging both countries to engage in peaceful negotiations to resolve the issues.
Thailand targets 3.5 trillion baht in tourism for 2025
Business, Published on 03/02/2025
» The government is eyeing 3.5 trillion baht in tourism revenue in 2025, mainly driven by foreign markets, which would be boosted via hard-sale promotions and whole-year events and activities, while tourism operators believe this target would be difficult to achieve.
Chinese cancel Thai trips amid safety fears
Business, Narumon Kasemsuk, Published on 14/01/2025
» Hotels and airlines have started to see mass cancellations from Chinese tour groups during the upcoming Chinese New Year holiday, while new bookings from independent tourists are also slower due to concerns over safety in Thailand.
Oil Prices Surge Amid Geopolitical Tensions
Published on 17/04/2024
» Current crude oil prices are elevated due to conflicts in the Middle East, with ongoing tensions between Russia and Ukraine exacerbating the situation. Amidst the fragile global economic landscape, crude oil prices have declined in the first quarter of the year, whilst the OPEC+ group of producers continues to tightly control supply.