Day: July 8, 2025

US Maintains 36% Trade Tariff on Thailand, Aiming for Deal by August 2025

Bangkok: Krungsri Securities reports that the United States has sent a letter to maintain a 36% trade tariff on Thailand, among other countries, in an effort to expedite a deal before August 1, 2025. This move highlights the significance the US places on finalizing trade agreements with these nations. According

United States Maintains 36% Tariff, Pressures Thailand for Trade Concessions

Bangkok: Thai stocks experienced volatility after the announcement that the United States would maintain a 36% retaliatory tariff on Thai goods, effective August 1. Analysts suggest that this move by the US may be a strategy to pressure Thailand into offering additional trade benefits. They recommend that Thailand establish a

Thailand Faces Tariff Challenges Amid Concerns Over Investment Shifts

Bangkok: Dr. Kobsak Pootrakool, President of the Federation of Thai Capital Market Organizations (FETCO), is closely monitoring the tariff rates imposed by China and India, following Thailand’s imposition of a 36% tariff, which is notably higher than Vietnam’s 16%. There is growing concern that this disparity may lead foreign investors

Swine Association Urges Government Against US Pork Imports

Bangkok: The National Swine Raisers Association has reiterated its opposition to opening the US pork import market, warning the government against using it as leverage in tax reduction negotiations with the United States. The association emphasized that even if US pork is intended for animal feed production, there is a

BAAC Partners with Good Money for Pioneering Digital Loan Guarantee in Thailand

Bangkok: The SME Bank has partnered with ‘Ngern Dee Dee’, a subsidiary of the Government Savings Bank, to launch Thailand’s first digital loan guarantee service via the Good Money application. This initiative introduces a comprehensive Digital Lending service alongside a Digital Credit Guarantee, enabling seamless loan application tracking. This development

PEA VOLTA Announces Special Promotion with Substantial Discounts on Electricity Rates

Bangkok: PEA VOLTA is introducing a special promotion offering significant discounts on electricity rates for the period of July to August 2025. The promotion encourages customers to take advantage of reduced pricing across various power consumption levels, presenting an opportunity for substantial savings. According to Thai News Agency, the promotion

Thai Stocks Drop by 4.53 Points in Morning Trading

Bangkok: Thai stocks closed this morning down 4.53 points. The Stock Exchange of Thailand concluded the morning session at 1,118.47 points, marking a decrease of 4.53 points (-0.40%), with a trading value of approximately 15,258 million baht. According to Thai News Agency, the morning trading session began with the index

EGCO Group Secures Prestigious AREA 2025 Awards for Sustainability Efforts

Bangkok: Electricity Generating Public Company Limited (EGCO Group) has won the Asia Responsible Enterprise Awards (AREA) 2025 for the fourth consecutive time in two significant categories: Green Leadership and Investment in People. The recognition highlights EGCO Group’s dedication to sustainable business practices and its commitment to mitigating climate change while

Thailand Faces Economic Setback as US Imposes 36% Import Tax

Bangkok: Thailand is grappling with the consequences of a newly imposed 36% import tax by the United States, a development described as the worst outcome of recent negotiations. Former Finance Minister Kornakorn Chatikavanij expressed concerns that this unexpected tax rate, higher than that imposed on Vietnam, signals a significant challenge