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...
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...
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....
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...
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...
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...
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...
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...
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...
