Category: Business

Strong Baht Raises Concerns for Thailand’s Exports and Tourism

Bangkok: The Federation of Thai Industries is expressing concern over the strengthening of the Thai baht, which is expected to negatively impact the nation’s exports and tourism sectors. The president of the Federation of Thai Industries (FTI) highlighted that the baht’s current strength is unnecessary and could potentially have severe

Fed’s Interest Rate Decisions Expected to Influence Gold Prices

Bangkok: Investors are closely monitoring the US Federal Reserve as its upcoming decisions are anticipated to impact gold prices significantly. The Fed’s potential interest rate cuts could drive gold prices higher, prompting investors to adopt a short-term strategy of buying during corrections and selling upon price rebounds for profit. According

Thailand Surpasses Expectations as World’s Second-Largest Cat and Dog Food Exporter

Bangkok: Thailand has solidified its position in the global pet food market, becoming the world’s second-largest exporter of cat and dog food in 2024, with exports valued at an impressive US$2.677 billion. This achievement marks a significant milestone for the country, which is known for its high-quality and well-standardized pet

Thai Stocks Experience Slight Uptick in Morning Trading Session

Bangkok: Thai stocks closed the morning session up 1.97 points. The Stock Exchange of Thailand (SET) closed this morning at 1,310.16 points, an increase of 1.97 points (+0.15%), with a trading value of approximately 26,526.13 million baht. According to Thai News Agency, the index fluctuated sideways in the morning trading

Industrial Confidence Index for August Continues to Decline

Bangkok: The Industrial Confidence Index for August 2015 has continued its downward trajectory, recording a slight dip from 86.6 to 86.4. This persistent decline reflects ongoing uncertainty and challenges within the industrial sector, as stakeholders express concerns regarding economic policies and external trade barriers. According to Thai News Agency, Mr.

Chulalongkorn University Partners with EGAT for Hydrogen Production Research

Bangkok: Chulalongkorn University has announced a collaboration with the Electricity Generating Authority of Thailand (EGAT) to advance research on hydrogen production from renewable energy sources. The partnership is set to explore the integration of Environmental, Social, and Governance (ESG) principles into the development of sustainable hydrogen and hydrogen derivatives. According

Paiboon Nalinthrangkura Calls for Support from Anutin Government to Boost Thai Stock Market

Bangkok: Paiboon Nalinthrangkura, President of the Investment Analysts Association and CEO of TISCO Securities, has urged the new Anutin government to implement measures to encourage investment in the Thai stock market. He believes that the government has the opportunity to introduce both short-term and long-term policies that will provide structural