Category: Business

SME Bank Unlocks Loan Guarantees for Non-Bank Leasing and Nano-Finance Companies

Bangkok: The SME Bank has introduced a new initiative to support leasing and nano-finance groups by lifting the stipulation of loan guarantees for non-bank companies. In collaboration with the Thai Leasing Business Association, the bank is set to aid SMEs in acquiring pickup trucks for business purposes through the “Phi

Gold Prices Surge in Thailand as Baht Weakens

Bangkok: Gold prices are soaring in Thailand as the cost of gold bars has reached a new high. This morning, Thai gold prices escalated, with gold bars priced at 60,100 baht per baht weight, meaning that 100,000 baht can now purchase less than 2 baht of gold. According to Thai

Food Delivery Platform Supports Government’s “Half-Half” Economic Scheme

Bangkok: A food delivery platform is backing the government’s “Half-Half” scheme, which is seen as a potential boon for small businesses and the general public. The platform is preparing to roll out a campaign aimed at boosting economic activity. According to Thai News Agency, Mr. Yod Chinsuphakul, CEO of LINE

Dusit Thani CEO Thanks Shareholders for Support Amid Shareholder Disputes

Bangkok: Mr. Chanin Tonawanik, Group Chief Executive Officer and Acting Chairman of Dusit Thani Public Company Limited, issued a statement expressing his gratitude to minority shareholders for their support in protecting the company amid significant shareholder disputes. According to Thai News Agency, Mr. Chanin clarified that following the completion of

Thai-Cambodian Border Trade Plummets by 99.9% in August

Bangkok: Thai-Cambodian border trade in August experienced a significant decline, dropping by 99.9%, marking the lowest value in the past year. This downturn has significantly impacted the overall border trade, which fell by 23.6%. According to Thai News Agency, the Department of Foreign Trade reported that cross-border trade to third

Thai Stock Exchange Sees Morning Gains as Index Rises by 4.10 Points

Bangkok: Thai stocks closed the morning session up 4.10 points. The Stock Exchange of Thailand (SET) concluded the morning at 1,282.84 points, marking an increase of 4.10 points, or 0.32%, with a trading value of approximately 17,371.02 million baht. According to Thai News Agency, the index remained in positive territory