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Thai ESG Funds Thrive in 2024: A Look at the Boom

Thai ESG Funds Thrive in 2024: A Look at the Boom Thai ESG mutual funds have experienced a significant surge in popularity among investors in 2024, with net assets under management (AUM) for the category...
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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...
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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...
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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...
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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...
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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...
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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....
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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...
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CP Axtra Project: Analysts Express Skepticism

CP Axtra Project: Analysts Express Skepticism CP 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...