November 21, 2024

SET Chairman Recommends Expanding Tourism and Foreign Investors to Support Thai Economy.

Bangkok: The chairman of the Stock Exchange of Thailand (SET) has recommended expanding tourism and attracting foreign investors as a solution to the volatile Thai economy. Yuanta Securities estimates that decreasing interest rates worldwide will help support the Thai economy and stock market. Domestic factors, political stability, and economic stimulus measures are expected to drive GDP growth next year to

TAT Promotes Eco-Friendly Tourism with ‘CF-Hotels, Sleep and Chill, Save the World’ Campaign in Krabi Province.

Krabi: The Tourism Authority of Thailand (TAT) has launched a new initiative aimed at promoting eco-friendly tourism in Krabi Province. The campaign, titled ‘CF-Hotels, Sleep and Chill, Save the World,’ features Thai celebrity ‘Cherry’ Khemupsorn Sirisukha as its ambassador. The campaign focuses on sustainable tourism practices in Krabi, encouraging tourists to choose environmentally-conscious accommodations. According to Thai News Agency, TAT’s

EGAT Highlights Triple S Strategy at COP29 to Propel Thailand Towards Carbon Neutrality.

Baku: EGAT joins the Thai delegation presenting their work on the Thailand Pavilion stage of the COP29 meeting, highlighting the Triple S strategy, using technology and innovation to drive environmentally friendly electricity production, pushing Thailand to achieve the goal of Carbon Neutrality. Mr. Ekkarat Samintrapanya, Assistant Governor – Power Plant Planning, Electricity Generating Authority of Thailand (EGAT), revealed that EGAT

Treasury Alerts 1 Million Welfare Recipients to Verify Eligibility.

Bangkok: The Treasury Department has issued an alert to 1 million welfare recipients, urging them to verify their eligibility and confirm their identities through Krungthai Bank. This directive is part of a broader initiative to ensure that welfare benefits are distributed to eligible individuals. According to Thai News Agency, Deputy Minister of Finance Mr. Chulaphan Amornvivat revealed during a meeting

Thai Stock Market Declines by 22.02 Points.

Bangkok: Thai stocks closed down 22.02 points today as the SET ended at 1,440.46 points, marking a decrease of 1.51%, with a trading value amounting to 41,553.85 million baht. According to Thai News Agency, today’s stock trading saw the index dip into negative territory, reaching a low of 1,436.73 points and a high of 1,453.12 points during the session. The

PRISM Predicts Significant Fluctuations in 2025 Oil Prices, Averaging $70-80 per Barrel.

Bangkok: PRISM PTT Group indicates next year’s oil price will fluctuate heavily, averaging $70-80/barrel. The PTT Group’s oil price situation analysis team, known as PRISM, has assessed that the oil trend in 2025 will be highly volatile, with prices expected to range between 70-80 USD per barrel. This fluctuation is anticipated amid the challenge of production capacity exceeding demand by

FTI Says Trump 2.0 Policy Puts Heavy Pressure on Global Economy.

Kriangkrai’: The Trump 2.0 policy is putting heavy pressure on the global economy, resulting in high economic volatility. Mr. Kriangkrai Thienukul, Chairman of the Federation of Thai Industries (FTI), discussed the ‘Global Energy Situation after the USA Election’ at the 2024 Annual Petroleum Outlook Forum, highlighting the potential impacts of President-elect Donald Trump’s policies. According to Thai News Agency, Mr.

GPSC Joins the Global Discussion Table at COP29 to Promote Energy Innovation.

Baku: GPSC joins the global discussion table at COP29 to promote research and innovation and the energy industry from Thailand. Professor Dr. Supoj Teachavarasinskul, Chairman of the Board of Directors of Global Power Synergy Public Company Limited (GPSC), the innovation leader of the power business of PTT Group, participated in a discussion focused on ‘Innovation and Technology for Energy Transition’