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BUSINESS

Analysts expect baht to test 32 as US dollar weakens further

Nareerat Wiriyapong, Published on 14/08/2025

» The baht could appreciate to test 32 to the US dollar or strengthen even further, as the greenback is set to weaken further amid mounting pressure on the Federal Reserve to cut the US interest rate at its September meeting, according to analysts.  

BUSINESS

Thai tourism momentum weakening

Molpasorn Shoowong, Published on 14/08/2025

» Thailand’s tourism business could be slow for the remainder of the year, as the country faces more intense competition from Vietnam and South Korea, which are offering visa exemptions to more markets, say industry executives.

BUSINESS

True Powers Thailand’s Future with Data for Good 

Published on 14/08/2025

» At GCNT Expo 2025, hosted by the Global Compact Network Thailand, True Corporation Group CEO Sigve Brekke delivered a keynote address outlining a bold vision for sustainable development under the theme “Data for Good: Greener Planet, Inclusive Society and Stronger Governance.”  In a world expected to generate 181 zettabytes of data by the end of 2025—the equivalent of streaming HD video for 36 million years—the challenge, Brekke emphasised, is not just managing data, but transforming it into meaningful impact. 

BUSINESS

Thai banks start cutting interest rates

Bloomberg News, Published on 14/08/2025

» Thailand’s top banks have started cutting lending rates, following the central bank’s move on Wednesday to reduce the benchmark policy rate to a two-year low of 1.50% to support a weakening economy hit by US tariffs.

BUSINESS

Delta Electronics says AI will fuel ‘double-digit’ growth

Published on 14/08/2025

» Delta Electronics (Thailand) Plc is predicting “double-digit” sales growth to continue for at least the next two years on rising demand for AI-related technology, says chief executive officer Victor Cheng.

BUSINESS

Bosch Drives Mobility Innovation at Bangkok Tech Expo

Published on 14/08/2025

» As Southeast Asia accelerates into an era of smart mobility, technology is no longer simply part of the journey, it’s now in the driver’s seat. At Mobility Tech Asia 2025, held at Bangkok’s Queen Sirikit National Convention Center (QSNCC), Bosch reaffirmed its position as a trusted partner in the region’s automotive transformation, offering a compelling vision of sustainable and intelligent mobility. 

BUSINESS

Agency highlights promising innovations

Business, SUCHIT LEESA-NGUANSUK, Published on 14/08/2025

» Turquoise hydrogen, eco-friendly rice, and humanoids are among the leading innovations to watch out for this year, according to the National Science and Technology Development Agency (NSTDA).

BUSINESS

Gem exporters eye 5% growth

Business, Phusadee Arunmas, Published on 14/08/2025

» Exports of gems and jewellery products are on track to achieve the nation's growth target of 5% this year, says the Gem and Jewelry Institute of Thailand (GIT).

BUSINESS

PTTEP to divest from Mexican site

Business, Yuthana Praiwan, Published on 14/08/2025

» SET-listed PTT Exploration and Production (PTTEP) is pushing ahead with its plan to exit the petroleum business in Mexico, in line with the company's business restructuring to invest in other regions.

BUSINESS

Foreign investment application value surges 37% in first half

Wichit Chantanusornsiri, Published on 14/08/2025

» In the first half of this year, 502 foreign investors applied to conduct business in Thailand under the Foreign Business Act (FBA), a 30% increase year-on-year.