August 14, 2025

GC Announces Sale of Vencorex US and Vencorex Thailand Shares to Covestro AG

Bangkok: GC announced the sale of shares in Vencorex US and Vencorex Thailand to Covestro AG. Q2 2025 results show a net loss of 3.616 billion baht. PTT Global Chemical Public Company Limited (GC) informed the Stock Exchange of Thailand that the Board of Directors of Vencorex Holding, an indirect subsidiary in which the Company holds a 100% stake, resolved

HANN’s Stock Price Surges Over 70% on MAI Debut, Reflecting Strong Growth Potential

Bangkok: HANN, a prominent hospital network in the Mekong River Basin, entered the Market for Alternative Investment (MAI) today with a remarkable surge in its stock price. The shares opened at 1.19 baht, marking an increase of more than 70% from its initial public offering (IPO) price of 0.70 baht. This significant uptick underscores HANN’s potential as a leading healthcare

Thai Stocks Slip as Morning Session Closes with Decline

Bangkok: Thai stocks closed the morning session down 7.65 points. The Stock Exchange of Thailand (SET) ended this morning at 1,269.78 points, marking a decrease of 7.65 points, or 0.60%, with a trading value of approximately 34.186 billion baht. According to Thai News Agency, during the morning trading, the index experienced a weakening trend. It reached a high of 1,283.55

SME Bank Lowers Prime Rate to 5.60% to Support Debtors

Bangkok: The SME Bank has announced a reduction in its Prime Rate to 5.60% per year, effective from August 15th, following the decision made by the Monetary Policy Committee (MPC) to lower the policy interest rate. This adjustment aims to align with prevailing economic trends and provide relief to debtors benefiting from the Small and Medium Enterprise Credit Guarantee Corporation

Credit Card and Personal Loan Markets Experience Slowdown Amid Economic Uncertainty

Bangkok: Krungsri Consumer revealed that the credit card and personal loan business is slowing, with retail loan growth impacted by multiple pressures. The fragile economy has led consumers to tighten their belts and reduce frivolous expenses, suggesting a minimum pay of 8% remains appropriate. In the first half of 2025, card spending reached 191.4 billion baht, with new loans at

TTB Reduces Lending Interest Rates by 0.25% to Support Economic Recovery

Bangkok: TMB Thanachart (TTB) has announced a reduction in lending interest rates across all loan groups by 0.25% per annum, effective August 15, 2025. This decision aligns with the Monetary Policy Committee’s (MPC) resolution aimed at increasing economic easing, facilitating business adaptations, and lessening the burden on debtors amidst an unpredictable economic climate influenced by global trade policies, liquidity challenges,

Department of Land Transport Implements Ban on Double-Decker Buses on Highway 304

Bangkok: The Department of Land Transport has announced a significant safety measure by banning double-decker buses from operating on Highway 304. This decision aims to prevent road accidents on this high-risk route. Additionally, the department has opened specific routes where these buses can operate as passenger services under strict conditions. According to Thai News Agency, Mr. Chirut Wisanjit, Director-General of

Krungsri Bank Lowers Loan Interest Rates by 0.25% to Support Economic Growth

Bangkok: Krungsri Bank has announced a 0.25% annual interest rate cut, effective August 18, 2025. According to Thai News Agency, this decision aligns with the Monetary Policy Committee’s (MPC) recent policy rate cut. The move aims to support Thai economic growth, reduce financial costs, and ease burdens on business and retail customers. Mr. Kenichi Yamato, President and CEO of Bank