Category: Business

SET Launches Campaign to Support Southern Mangosteen Farmers

Bangkok: The Stock Exchange of Thailand (SET) has initiated the ‘Join forces to support Thai fruits to the power of 2’ campaign, aimed at supporting 5.4 tons of southern mangosteens. The initiative invites SET employees and the broader capital market …

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 th…

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

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

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.

Accord…