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GENERAL

PTT to sell stake in Taiwan pharmaceuticals firm

Business, Yuthana Praiwan, Published on 25/07/2025

» National oil and gas conglomerate PTT Plc has decided to adjust its investment in the life science business by selling a small portion of the shares it holds in Taiwan-based Lotus Pharmaceutical to boost financial flexibility.

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GENERAL

CPN in tie-up with Fazaa Card

Business, Published on 25/07/2025

» Central Pattana Plc (CPN), a leading real estate developer and the operator of Central shopping centres nationwide, has announced a major collaboration with Fazaa Card, the largest national CRM programme in the United Arab Emirates (UAE), to offer privileges to wealthy Emiratis.

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GENERAL

Grab unveils features for teens

Business, Published on 25/07/2025

» Grab Thailand is reinforcing its position as a leading ride-hailing platform by expanding its on-demand transportation services to cater to consumers of all age groups through the launch of "Grab For Family | Teens".

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GENERAL

Tourism confidence dives

Business, Molpasorn Shoowong, Published on 25/07/2025

» The tourism confidence index in the second quarter plunged year-on-year, as tourism contracted since the beginning of the year due to safety concerns and cautious tourism spending following the US's decision to implement a reciprocal tariff policy, according to the Tourism Council of Thailand (TCT).

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GENERAL

Flood-hit northern Thailand calls for tourism subsidies

Business, Molpasorn Shoowong, Published on 25/07/2025

» Tourism operators in the North have urged the government to allocate tourism stimulus measures for provinces facing the impact of floods, as provinces like Nan are encountering an even more severe situation which has left some guests stranded.

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GENERAL

Government preps budget for tariff woe

Business, Wichit Chantanusornsiri, Published on 25/07/2025

» The government looks set to allocate additional budgetary support for businesses impacted by the US reciprocal tariffs.

GENERAL

SiS has big plans for renewable energy

Business, Suchit Leesa-nguansuk, Published on 25/07/2025

» IT product distributor SiS Distribution (Thailand) Plc has launched its solar power solutions under the private power purchase agreement (private PPA) model, aiming to become the most comprehensive solar energy service provider for businesses in Thailand within three years.

GENERAL

FTI revises down export target amid tariff woes

Business, Lamonphet Apisitniran, Published on 25/07/2025

» The Federation of Thai Industries (FTI) has revised down the car manufacturing export target this year amid concerns over the US reciprocal tariff, bringing down Thailand's total car production goal to 1.45 million units from 1.5 million units.

GENERAL

To go far, go EV

Business, Published on 25/07/2025

» At the time of writing, the S&P 500 Index is trading at a fresh all-time-high, up 6.3% for the year to date after being down almost 18% at one point in early April. The 10-year US Treasury yield is around 4.3%, up from levels slightly below 4% in early April.

GENERAL

Tourism seen taking a hit if border conflict persists

Business, Narumon Kasemsuk, Published on 25/07/2025

» Tourism operators in the Northeast are worried that the Thailand-Cambodia border clashes might heavily impact the industry if it cannot be resolved within 3-7 days, as both local and foreign tourists would avoid travelling to nearby provinces.