April 28, 2025

IMF Advises ASEAN on Strategies to Mitigate Trump’s Tariff Impacts

Washington: The World Bank-IMF Governing Council meeting has advised ASEAN countries to enhance intra-regional trade as a strategy to mitigate the effects of tariffs imposed by the Trump administration. The council anticipates a global GDP growth rate of 2.8% by 2025 and suggests delaying interest rate cuts if inflation remains high. According to Thai News Agency, Mr. Paopum Rojanasakul, Deputy

National Savings Fund Celebrates 150th Anniversary with Special Event

Bangkok: The National Savings Fund (NSF) is hosting a special event titled ‘MOF JOURNEY 150 Years of Thai Fiscal Journey’ to commemorate the 150th anniversary of the Ministry of Finance. The event is scheduled to take place from May 1-3, 2025, between 10:00 a.m. and 8:00 p.m. at the Queen Sirikit National Convention Center, Halls 3-4, Floor G. According to

Wow! Ordination Ceremony of Businessman’s Son Sees Over 200 Lottery Tickets Given as Alms

Ang Thong: An extraordinary ordination ceremony took place in Ang Thong, where the son of a well-known businessman was ordained. During the event, more than 200 lottery tickets were distributed as alms, capturing the attention of locals and attendees alike. According to Thai News Agency, the ceremony was part of a tradition that included a unique ritual of asking forgiveness

Sena Development Addresses Real Estate Challenges Amid US Tariff and Steel Price Concerns

Bangkok: Sena Development Public Company Limited (SENA) is taking proactive steps to address the negative factors impacting the real estate market, particularly the effects of US tariff measures and rising steel prices that are influencing the sector in the second quarter. The condominium market, in particular, is experiencing a notable slowdown, prompting the company to introduce innovative solutions to assist

Thai Stocks See Slight Increase in Morning Trading

Bangkok: Thai stocks closed this morning up 2.70 points. The Stock Exchange of Thailand wrapped up the morning session at 1,161.70 points, marking an increase of 2.70 points (+0.23%), with a trading value of 15,287.87 million baht. According to Thai News Agency, the morning trading session saw the index rise and fluctuate within a range, reaching a high of 1,166.32

PTT Advances Organizational Restructuring with Subsidiary Liquidations

Bangkok: PTT Public Company Limited has announced a significant step in its organizational restructuring plan by approving the liquidation of two of its subsidiaries, as reported to the Stock Exchange of Thailand. The PTT board of directors resolved on April 24 to proceed with the liquidation of PTT Green Energy (Thailand) or PTTGE TH, a subsidiary fully owned by PTT

Egg Prices Surge Again, Thai Dessert Shops Struggle with Rising Costs

Chiang Mai: The price of eggs has increased again, marking the second adjustment in a month, significantly impacting businesses that rely on eggs as a primary ingredient. Thai dessert shop owners are expressing concerns over the escalating costs, diminishing profits, and weakened purchasing power, which are making it increasingly difficult to sustain their businesses. According to Thai News Agency, in

Government Savings Bank Explores Senior Housing Options with Visit to SINDORA LIVING in Nanjing

Nanjing: The Government Savings Bank has recently conducted a visit to SINDORA LIVING in Nanjing, China, as part of its efforts to explore senior housing solutions that cater to the needs of retired members seeking a home. According to Thai News Agency, Mr. Songpol Chivapanyarot, Secretary-General of the Government Pension Fund (GPF), disclosed that the GPF has been investigating the