Tag: Finance
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...
CP Axtra Project: Analysts Express Skepticism
CP Axtra Project: Analysts Express SkepticismCP Axtra, a business unit of Charoen Pokphand (CP) Group, has announced plans for a significant investment in a real estate development project called The Happitat at the Forestias...
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...
Bitcoin price recovery after post-election dip: What caused the rebound?
Bitcoin's price has rebounded after experiencing a dip following the US election. The digital asset fell nearly 3% over the weekend but has since climbed back up to $92,000. Analysts attribute this volatility to...
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....
Forecast: TGIA Predicts Strong Growth for Next Year
Non-Life Insurance Industry Set to Grow in 2025
The Thai General Insurance Association (TGIA) has made a promising forecast for the non-life insurance industry in 2025, predicting a strong growth trajectory despite ongoing economic challenges...
Budget Action Urged by Prime Minister
Prime Minister Paetongtarn Shinawatra has called for urgent action on the investment budget for the fiscal year 2025 to boost the economy. During a meeting at the Finance Ministry, she highlighted the need to...
2025 Investment Surge: Trends and Opportunities
**2025 Investment Surge: Trends and Opportunities**Investments in Thailand are on the rise, with a significant surge in applications for investment incentives last year. The Board of Investment (BoI) reported a 35% increase in value...
Investment commitment by Lighthub and WeLab: A Strategic Partnership
Lighthub Asset and WeLab have come together to form a consortium committed to investing $500 million over five years to secure a virtual banking license from the Bank of Thailand. The consortium believes it...
















