Tag: Business
Baht Reaches 3-Month Low, Boosting Exports
The baht has reached a three-month low against the dollar, but Deputy Finance Minister Paopoom Rojanasakul believes this is beneficial for exports. He mentioned that the baht's depreciation is advantageous for trade and is...
Affordable 20-Baht Transit Fare Extended Until 2025
The government has decided to extend the 20-baht flat fare for the Red and Purple electric train lines for another year. The budget of 400 million baht has been approved to support this extension....
Planning a Crackdown on Low-Cost Imported Goods: What You Need to Know
The Thai Pesticides Alert Network and the Foundation for Consumers recently reported that green Shine Muscat grapes imported from China were discovered to be contaminated with harmful chemicals. This revelation sparked concerns regarding the...
Bitcoin Price Hits Record $80,000 Amid Optimism Over Trump
Bitcoin reached a new milestone by nearing $80,000 for the first time, driven by President-elect Donald Trump's positive attitude towards digital assets and the potential for a Congress with pro-crypto legislators. The cryptocurrency surged...
Q3 GDP Growth Surpasses Forecasts, Rises 3.0% Year-Over-Year
The Thai economy has shown strong growth in the third quarter, surpassing expectations and indicating positive momentum for the country. Official data revealed that the economy expanded by 3.0% compared to the same period...
Changi Airport Fee Hike to Fund Upgrades and Improvements
Changi Airport in Singapore has announced plans to increase fees for passengers and airlines in order to fund a $2.3 billion upgrade of its terminals. The fee hike, which will be implemented gradually between...
China-Indonesia $10bn Deals: Economic Partnership Boost
President Prabowo Subianto of Indonesia recently met with Chinese President Xi Jinping in Beijing, where they signed business agreements totaling more than $10 billion. This marks a significant milestone in the relationship between the...
Indonesia Criticizes Apple’s $100m Investment Proposal
Apple's $100m Investment Proposal Faces Criticism from Indonesia In a recent development, Indonesia has expressed its dissatisfaction with Apple's proposal for a $100 million investment to establish a plant for accessories and components. The country's...
Government Officials Push Forward F1 Race Negotiations
The Thai government is making big plans to bring a Formula 1 (F1) racing event to Thailand in order to give a boost to the economy. Prime Minister Paetongtarn Shinawatra mentioned in a recent...
