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BUSINESS

Several banks reduce loan rates, following the regulator

Business, Somruedi Banchongduang and Wichit Chantanusornsiri, Published on 06/03/2025

» Six major commercial banks and a handful of state-owned banks announced a reduction of lending interest rates following the Bank of Thailand's policy rate cut late last month to alleviate the financial burden for borrowers amid a weakening economy.

BUSINESS

Tariffs may raise export costs

Business, Lamonphet Apisitniran, Published on 06/03/2025

» Operating costs for Thai exports are likely to spike by 6-8% on average given US President Donald Trump's aggressive tariff policy on imports, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BUSINESS

Bualuang Securities reports net profit of B859m

Business, Nuntawun Polkuamdee, Published on 06/03/2025

» Bualuang Securities (BLS) recorded a net profit of more than 850 million baht last year, driven by interest income and an expanded revenue base from new investment products, despite market volatility and lower securities trading fees.

BUSINESS

State revenue tops target in first 4 months

Business, Wichit Chantanusornsiri, Published on 06/03/2025

» Thai government revenue collection in the first four months of the 2025 fiscal year was 826 billion baht, exceeding the target by 1.3%, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO).

BUSINESS

Pi Securities to focus on wealth management in 2025

Business, Nuntawun Polkuamdee, Published on 06/03/2025

» Pi Securities, a Thai financial and investment service company, is expanding its wealth management business amid volatile investment conditions, aiming to grow assets under advisory (AUA) to more than 30 billion baht this year.

BUSINESS

Thailand sees more than 28,000 web threats per day

Business, Published on 06/03/2025

» People in Thailand received 10.3 million different web threats last year, or an average of 28,130 per day, based on threats detected and blocked by Kaspersky cybersecurity products.

BUSINESS

Addition to price control list to spur sales

Business, Kuakul Mornkum, Published on 05/03/2025

» Businesses expect the addition of air purifiers to the price control list will benefit consumers and anticipate increased demand based on air pollution levels.

BUSINESS

How a key ingredient in Coca-Cola is smuggled out of Sudan

Business, Richa Naidu and Khalid Abdelaziz of Reuters, Published on 05/03/2025

» LONDON/DUBAI - Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's candy, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.

BUSINESS

Boonthavorn aims for 3-4% sales uptick

Business, Kanana Katharangsiporn, Published on 05/03/2025

» Boonthavorn Retail Corporation Plc, a home improvement and construction materials retailer, is freezing new investments and cutting expenses as the market remains unfavourable this year, while targeting sales growth of 3-4%.

BUSINESS

Bangchak banking on green jet fuel sales

Business, Yuthana Praiwan, Published on 05/03/2025

» Energy conglomerate Bangchak Corporation Plc is preparing to sell sustainable aviation fuel (SAF), accounting for 60% of its production capacity, from its factory in Bangkok, which is scheduled to open in the second quarter.