Category: Business

Thai Stock Market Closes with a Decline Amid US Tax Measures

Bangkok: Thai stocks ended the trading session with a decrease as the SET index closed at 1,115.65 points, down 7.35 points or 0.65%. The trading value for the day amounted to 29,535.64 million baht.

According to Thai News Agency, analysts observed …

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

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