Day: July 9, 2025

UTCC Estimates 36% Tax Rate Will Drag Down Thai Economy to Less Than 1% Growth

Bangkok: The University of the Thai Chamber of Commerce (UTCC) assesses that a 36% tax rate will drag down Thailand’s economy to less than 1%, and many Thais may be unemployed. It recommends that the government introduce additional economic stimulus measures and provide assistance to entrepreneurs. It views the US

Politics-Trade War Pushes Consumer Confidence Index to 28-Month Low

Bangkok: The June consumer confidence index fell across all items for the fifth consecutive month and the lowest in 28 months due to concerns about government stability and the trade war. According to Thai News Agency, the Economic and Business Forecasting Center of the University of the Thai Chamber of

BOT Warns of Economic Slowdown Due to Tariffs Impact on Exports

Bangkok: The Bank of Thailand (BOT) has announced that tariffs are expected to slow down the economy until early next year, with exports projected to decline by 4% in the second half of this year and by 2% next year. The BOT refrained from confirming whether Thailand would face a

GPSC Joins NASMEX’25 Joint Exercise

Map ta phut: GPSC joins NASMEX’25 joint operational training on port safety plans in Map Ta Phut Industrial Port Area. Mr. Sirimeth Lipakorn, General Manager and Acting Chief Operating Officer of Global Power Synergy Public Company Limited (GPSC), participated in the opening ceremony of NASMEX’25 (Naval Security Port and Ship

Sena Drives Solar Home Initiative with Government Tax Incentives

Bangkok: Sena Development Public Company Limited is taking significant steps toward promoting energy-saving homes by supporting government policies that offer tax deductions for solar homes. This initiative aims to provide real benefits to residents, aligning with Sena’s long-term goal of enhancing sustainability in residential living. According to Thai News Agency,

Exporters Council Advises Thai Team to Negotiate Tariffs Not Exceeding 20%

Bangkok: The Exporters Council has urged the Thai team to negotiate with the United States to cap import tariffs at 20%, aligning with tariffs imposed on competitor nations. According to Thai News Agency, the Chairman of the Thai National Shippers’ Council (TNSC), Mr. Thanakorn Kaset Suwan, expressed concerns following the