April 10, 2025

Farmers Rejoice as Commerce Ministry Collaborates to Slash Fertilizer Prices by 50 Baht/Bag

Bangkok: The Ministry of Commerce, through the Department of Internal Trade, has announced a significant collaboration with three leading associations of fertilizer manufacturers and importers to launch the “Reduce the Price of Chemical Fertilizers for Farmers in 2025” initiative. This project aims to cut fertilizer prices by up to 50 baht per bag, covering 79 chemical fertilizer formulas. A total

Songkran Air Travel Surge: 18,530 Flights Scheduled

Bangkok: The Aeronautical Radio of Thailand has been instructed by Deputy Minister of Transport, Mrs. Manoporn Charoensri, to ensure all preparations are in place to manage the expected surge in air traffic during the Songkran Festival. A total of 18,530 flights are anticipated over the festival period, averaging 2,647 flights per day, marking a 14% increase from the previous year.

Trump Suspends Tariff Increases, Boosting Global Markets

Bangkok: US President Donald Trump has reversed his decision to delay the increase in retaliatory tariffs, opting instead for a 90-day suspension of reciprocal tariffs for all countries except China. This move has led to significant gains in global markets, with stocks, gold, and oil experiencing substantial increases, and the Thai baht strengthening against the dollar. According to Thai News

150th Anniversary of the Ministry of Finance Celebrated with Ceremonies and Distinguished Guests

Bangkok: Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, led the ceremony marking the 150th anniversary of the Ministry of Finance, attended by numerous esteemed guests, including executives from MCOT Public Company Limited who extended their congratulations. According to Thai News Agency, the event was held at the Ministry of Finance with Pichai presiding over the water pouring

Thai Stocks Close Early, Up Nearly 50 Points

Bangkok: SET closed this morning at 1,136.58 points, up 48.40 points (+4.45%), with a trading value of approximately 27,818 million baht. According to Thai News Agency, today’s stock trading saw the index rise significantly, with the index making a low of 1,122.95 points and a high of 1,138.34 points.

ASEAN Economic Ministers to Issue Joint Statement on US Tariffs

Bangkok: ASEAN economic ministers are preparing to issue a joint statement on the US tax issue, stating that they will move forward with economic cooperation and set up a special working group, the ASEAN Geoeconomics Task Force, to closely monitor US policies and draw new economic opportunities into ASEAN to cope with tax measures. According to Thai News Agency, Mr.

Nescafe Production Halt Opens Doors for Competitors in Thailand

Bangkok: Analysts are forecasting a shift in Thailand’s substantial coffee market, valued at 60 billion baht annually, due to production issues faced by Nescafe. The Department of Internal Trade has assured that despite these challenges, there will be no product shortages. Both consumers and coffee shops have started sourcing coffee from a variety of brands that meet quality and standard

SCB EIC Forecasts 2025 Thai GDP Below 2% Amid US Tariff Challenges

Bangkok: SCB EIC estimates that the Thai economy is facing significant pressure due to the 36% import tax imposed by the United States on Thailand, which has already led to a reduction in Thai exports to the US by 810 billion baht over the past five years. The focus now shifts to Thailand’s negotiations with the US after former President