July 15, 2025

FTI Proposes Thailand Negotiate Two Levels of Trump Tariffs at 20% and 40%

Bangkok: The Federation of Thai Industries (FTI) has proposed that the Thai team negotiate a two-tiered tariff system with the United States under the Trump administration’s trade policies. The proposal suggests a 40% tariff rate for goods that Thailand uses as a transit point and a 20% tariff rate for American goods manufactured in Thailand and products made in Thailand.

EGAT Addresses Mae Moh Power Plant Fund Corruption Scandal, 70 Individuals Referred to NACC

Lampang: The Energy Regulatory Commission (ERC) is actively working to resolve two corruption cases involving the Mae Moh Power Plant Fund, following complaints from local residents filed since mid-last year. More than 70 individuals have been referred to the National Anti-Corruption Commission (NACC) for prosecution, with one case still awaiting the investigation team’s findings. The ERC plans to introduce stringent

‘Dump’ is Scarier Than ‘Trump’, Says Thai Industry Minister

Bangkok: Ekkanat Promphan, Thailand’s Minister of Industry, has stirred discussion by posting on Facebook that ‘Dump’ is scarier than ‘Trump’, suggesting that managing the zero-dollar industry is crucial to coping with tax increases. Promphan recommended measures such as saving Thai industries, preventing market dumping, encouraging Thai people to use domestic products, and supporting SMEs. According to Thai News Agency, Promphan’s

Cabinet Announces Key Appointments in Ministry of Transport

Bangkok: The Cabinet has announced the appointment of four key positions within the Ministry of Transport, marking a significant reshuffle aimed at strengthening the leadership of the department. Piyapong Jiwattanakulpaisan has been promoted from inspector to the youngest Director-General of the Department of Highways. Sorapong Paitoonpong will now serve as the Director-General of the Department of Land Transport. Additionally, Panya-Chakri

“Phongsak” Suggests Accelerating Economic Structural Reform

Bangkok: The Thai Bankers Association believes that the 36% US tax will have an impact on the Thai economy, indicating that Thailand has run out of good karma, and recommends accelerating economic structural reforms: ‘stimulation-sustainment-reform’. According to Thai News Agency, Mr. Payon Srivanich, Chairman of the Thai Bankers Association and President of Krungthai Bank, stated that the potential of Thailand

Thai Stocks Climb as SET Index Gains 17.70 Points

Bangkok: Thai stocks demonstrated an upward trend as the SET index increased by 17.70 points, closing at 1,161.01 points. This represents a rise of 1.55%, with a trading value reaching 48,024.99 million baht. According to Thai News Agency, the stock market showed signs of recovery throughout today’s session. The SET index recorded a low of 1,139.64 points and reached a

“Jatuporn” Drives 10 Urgent Missions of Ministry of Commerce

Bangkok: The Minister of Commerce has outlined a strategic plan to address pressing economic issues, focusing on 10 urgent missions aimed at alleviating the cost of living, reviving the economy, and creating new opportunities for citizens. Mr. Chatuporn Buruspat, Minister of Commerce, in collaboration with Deputy Ministers Mr. Suchart Chomklin and Mr. Chantavit Tantasith, conveyed these pivotal policies to ministry

SEC Suspends Investment Advisor for Falsifying Stock Trading Documents

Bangkok: The SEC has ordered a suspension of the approval of “Kingkan Thipwan” as an investment advisor for 7 months and 15 days due to failure to perform duties responsibly and carefully as a professional by preparing securities trading order documents that were not consistent with the truth. At the time of the offense, she was affiliated with KGI. According