admin

Comptroller General’s Department Rehearses Procurement for 2016 Budget to Boost Economy

Bangkok: The Comptroller General’s Department has initiated a rehearsal of government agencies’ procurement processes for the 2016 budget, aiming to accelerate the flow of funds into the economic system. Mrs. Patricia Mongkolvanich, Director-General of the Comptroller General’s Department, highlighted that the draft of the 2026 Budget Expenditure Act is under parliamentary review. To facilitate swift procurement, debt obligation creation, and

Bangchak Backs Ten Tasanapol to Historic FIA Formula 3 Victory

Bangkok: Bangchak supports “Ten Tasanapol” to make history by winning 1st place in the FIA Formula 3 Championship 2025 at Silverstone Circuit, England. According to Thai News Agency, Mr. Chaiwat Kovavisarach, Chief Executive Officer of Bangchak Group and President of Bangchak Corporation Public Company Limited, expressed congratulations to ‘Ten’ Tasanapol Inthraphuwasak, a Formula 3 racer backed by Bangchak for the

Bitget Anticipates Bitcoin’s Ascent to $150,000 Amid Institutional Investment and Regulatory Developments

Bangkok: Bitget anticipates Bitcoin reaching the $150,000 mark by the third quarter of 2025, buoyed by institutional investment and the U.S. Federal Reserve’s potential interest rate cuts. The cryptocurrency exchange projects a significant influx of capital into Bitcoin ETF funds as companies in the stock market integrate Bitcoin into their balance sheets. According to Thai News Agency, Bitget’s forecast hinges

Cabinet to Discuss Appointment of New BOT Governor Next Tuesday

Bangkok: The government is preparing to propose the appointment of a new Governor for the Bank of Thailand (BOT) at the upcoming Cabinet meeting scheduled for next Tuesday. The confirmation comes from a government spokesman who stated that the Cabinet has not yet finalized the appointment. According to Thai News Agency, Mr. Jirayu Huangsap, spokesman for the Prime Minister’s Office,

BCPG Expands Solar Rooftop Investment with 17.5 Megawatt Acquisition

Bangkok: BCPG moves forward to expand its investment, signing a share purchase agreement for 32 solar rooftop projects with a production capacity of 17.5 megawatts, worth over 200 million baht, strengthening the potential of the clean energy business in the form of a Private PPA. According to Thai News Agency, Mr. Rawee Boonsinsuk, Chief Executive Officer and Managing Director of

US Tariffs Pressure Thai Exports, Facing Twin Influx Risks

Bangkok: Krungsri Research estimates that in the worst case scenario, if the US imposes a 36% import tax on Thailand, the export value will be lost by more than 162 billion baht. And if the US exempts import taxes, Thailand may be at risk of a Twin Influx situation, a flood of US-Chinese goods into Thailand. According to Thai News

PTT Collaborates with Ministry of Commerce to Aid Thai Farmers Through Direct Fruit Sales

Bangkok: PTT, in partnership with the Department of Internal Trade, Ministry of Commerce, has launched a fruit sales initiative aimed at facilitating direct distribution of produce from Thai farmers to urban consumers. This collaborative effort aims to support farmers by providing them with a platform to sell their produce directly, thereby increasing their income and reducing the layers of middlemen.

BAAC Partners with Good Money App to Offer Digital Loan Guarantees

Bangkok: BAAC has announced a collaboration with ‘Good Money’, a subsidiary of Government Savings Bank, to provide loan services through the Good Money application. According to Thai News Agency, starting today, July 15, this partnership marks the introduction of a Digital Lending service with a comprehensive Digital Credit Guarantee. This initiative facilitates ‘Digital Loan Guarantee’, enabling users to track their