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…
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 l…
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
Bangkok: The Federation of Thai Industries (FTI) pointed out that the 36% tax rate is higher than Malaysia and Vietnam, reflecting that Thailand is at a competitive disadvantage. It estimates the damage to the value of Thai exports at 800-900 billion …
Bangkok: The Comptroller General’s Department is taking swift action to expedite the procurement and hiring process as part of an economic recovery plan, with a substantial budget of 157 billion baht allocated for this purpose. Government agencies hav…
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
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…
Washington: US President Donald Trump has announced a significant 36% tax on imports from Thailand, effective August 1, 2025. The announcement was made through a letter posted on Truth Social, where Trump confirmed the imposition of the tariff while l…