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BUSINESS

SpaceX sets $800 billion valuation, confirms 2026 IPO plans

Bloomberg News, Published on 13/12/2025

» NEW YORK — SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite maker at about US$800 billion, according to a company message seen by Bloomberg on Friday.

WORLD

US arrests gang smuggling US$160m in AI chips to China

Puriward Sinthopnumchai, Published on 13/12/2025

» US authorities have dismantled an illegal operation smuggling advanced artificial intelligence (AI) chips to China, seizing high-performance Nvidia processors worth US$160 million (about 5.6 billion baht). The seized goods primarily consisted of Nvidia's H100 and H200 chips, representing a significant breach of export controls.

BUSINESS

Dissolution throws economic stimulus plans into limbo

Business, Lamonphet Apisitniran, Suchit Leesa-nguansuk and Yuthana Praiwan, Published on 13/12/2025

» The sudden dissolution of parliament by Prime Minister Anutin Charnvirakul is causing shockwaves when it comes to Thailand's economic recovery plans, with business leaders warning of stalled stimulus measures and renewable energy projects.

BUSINESS

EU agrees three-euro small parcel tax to tackle China flood

AFP, Published on 13/12/2025

» BRUSSELS - European Union (EU) finance ministers agreed Friday to impose a three-euro duty on low-value imports into the bloc from July 2026 to help tackle a flood of small parcels ordered via the likes of Shein and Temu.

BUSINESS

Early dissolution seen rattling bourse

Business, Nareerat Wiriyapong, Published on 13/12/2025

» Analysts said that while Thai and foreign investors have expected an early dissolution of parliament, Thursday's announcement by Prime Minister Anutin Charnvirakul adds a short-term negative sentiment towards the stock market as it creates uncertainty in regard to policy continuity.

BUSINESS

Prescription scheme wins insurers' nod

Business, Nuntawun Polkuamdee, Published on 13/12/2025

» The Office of Insurance Commission (OIC) and the insurance industry have officially endorsed the government's "Sukkai Sabai Krabao" (Healthy Body, Comfortable Wallet) initiative, which allows patients treated at private hospitals to use their prescriptions at participating outside pharmacies.

BUSINESS

Fears over impact on economic policy

Business, Phusadee Arunmas, Published on 13/12/2025

» Trade associations say the dissolution of parliament could hinder the implementation of key economic policies, and have called for the formation of a new government with full authority within the legal timeframe.

BUSINESS

Ministry to push forward steps to stimulate tourism

Business, Molpasorn Shoowong, Published on 13/12/2025

» The Tourism and Sports Ministry still plans to push forward two tourism stimulus measures and leave it to the caretaker administration to decide whether to continue them, while the private sector is more concerned with restoring flood-affected communities and maintaining peace along the Thai-Cambodian border.

THAILAND

Chartthaipattana's Varawut to lead mass defection to Bhumjaithai

Aekarach Sattaburuth, Published on 13/12/2025

» The Chartthaipattana Party was thrown into sudden transition on Friday after its former leader, Varawut Silpa-archa, led nine other former MPs in submitting their resignation letters, clearing the way for a collective defection to the Bhumjaithai Party (BJT) later this week.

THAILAND

PP boss 'sorry' for slow charter rejig

Aekarach Sattaburuth, Published on 13/12/2025

» People's Party (PP) leader Natthaphong Rueangpanyawut apologised for the stalled charter reform efforts, while Pheu Thai accused Bhumjaithai (BJT) of evading responsibility after Prime Minister Anutin Charnvirakul decided to dissolve the House ahead of the originally planned timeline.