Category: Business

Private Sector Questions Baht’s Strength Amid Economic Concerns

Bangkok: Private sector officials are raising concerns about the Thai baht, which has strengthened by over 7% since the start of the year. They highlight the challenges faced by exporters due to both the tariffs imposed by the Trump administration and the strengthened baht, prompting plans for a meeting with

GH Bank Celebrates Anniversaries with Attractive Savings Campaigns

Bangkok: GH Bank has announced new savings deposits and savings bonds with interest rates up to 2.72% per year. According to Thai News Agency, the Government Housing Bank (GHB) is commemorating its 60th and 72nd anniversaries by launching a campaign that includes savings accounts and bonds with attractive returns. This

Private Sector Anticipates Economic Solutions from Anutin Government

Bangkok: The private sector is optimistic that the Anutin Charnvirakul-led government will address pressing economic issues and improve livelihoods, particularly aiding small and medium enterprises (SMEs) in navigating ongoing crises. Mr. Kriangkrai Thienukul, Chairman of the Federation of Thai Industries (FTI), commented positively on the new cabinet members, expressing hope

Gold Prices Surge as Federal Reserve Rate Cut Looms

Bangkok: Gold prices have experienced a notable rise, reaching a new high as expectations mount for an interest rate cut by the US Federal Reserve. Analysts predict that gold futures in New York are set to hit record levels, driven by the anticipation of a rate cut during the Federal

Push for Thai Beef in High-End Market Through Farmer-Buyer Business Negotiations

Bangkok: The Department of Internal Trade (DIT) is spearheading an initiative to boost awareness and consumption of Thai beef by organizing a unique business matching event under the theme “First Love, Thai Beef Flavor.” This event invites locals to experience high-quality beef from Thai farmers, with an aim to decrease

PEA Advises on Safe Electricity Practices During Floods

Bangkok: The Provincial Electricity Authority (PEA) has issued critical guidelines for electricity usage in anticipation of potential flooding or stagnant water conditions. The public is urged to stay informed by closely monitoring weather updates and advisories from government and related agencies to ensure preparedness for any flooding events. According to

YLG Predicts Surge in Thai Gold Prices to 56,000 Baht This Year

Bangkok: YLG expects Thai gold prices to reach 56,000 baht this year. Thais are among the top 10 gold buyers globally, with demand surpassing 21% in the first half of 2024. According to Thai News Agency, Ms. Pawan Nawawattanasap, Chief Executive Officer of YLG Bullion International Co., Ltd. (YLG), stated