Tag: Business
Boosted by Tourism, Consumption, and Exports, Thai Economy Shows Improvement in October
Thailand's economy has seen a positive shift in October, thanks to the combined efforts of tourism, exports, and private consumption. The Bank of Thailand recently reported that exports surged by 14.2% compared to 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...
Indonesia Criticizes Apple’s $100m Investment Proposal
Apple's $100m Investment Proposal Faces Criticism from IndonesiaIn 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...
Proposed Interest Suspension for Designated Debtors: A Detailed Analysis
Banks in Thailand have agreed to suspend interest payments on mortgages, auto loans, and small business loans for selected borrowers in order to ease their debt burden during the economic recovery. This initiative is...
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...
Low-Cost Dubai-Like Hub Planned by AirAsia Founder in Bangkok and Kuala Lumpur
Discount airline AirAsia, founded by Tony Fernandes, is gearing up to establish low-cost hubs in Bangkok and Kuala Lumpur with the aim of replicating the global connectivity success of Dubai. After facing significant challenges...
Reduced FIDF Fee: Thai Banks’ Payment Update
Thai banks have agreed to pay a reduced annual contribution of 0.23% of deposits to the Financial Institutions Development Fund (FIDF) for the next three years, according to Deputy Minister of Finance Paopoom Rojanasakul....
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...
Accelerating AI Adoption in Thailand with IBM
IBM Thailand is striving to propel Thai organizations into the realm of artificial intelligence (AI) by addressing barriers to adoption. Anothai Wettayakorn, the country general manager of IBM Thailand, has set a goal to...
















