admin

Consumer Council Moves Forward with Lawsuit Against Neta Group This August

Bangkok: The Consumer Council will proceed with class action lawsuits by early August. According to Thai News Agency, in the case where NETA electric car users complained to the Consumer Council about issues such as delays in delivering white license plates and shortages of spare parts for repairs, the Consumer Council and the victim groups found that the explanations provided

SCGC Sees Petrochemical Industry Past Its Lowest Point but Still Volatile, Moving Forward to Increase Competitiveness

Bangkok: SCG Chemicals or SCGC, a leader in polymers and integrated solutions for sustainability, is enhancing its competitiveness amidst ongoing volatility and intense competition in the petrochemical industry by adjusting its business plan to focus on cash flow management and strengthening its financial position. Simultaneously, the Long Son Petrochemicals (LSP) plant in Vietnam is gearing up to resume commercial operations.

EGCO Group Expands Renewable Energy Investments in Taiwan

Taipei: EGCO Group is looking for more deals in Taiwan after successfully expanding renewable energy according to the joint venture plan of Yunlin offshore wind farm, which has supplied electricity to the grid for 80 units in January 2025 and has received the electricity business license for official commercial operation with a total capacity of 640 megawatts in June 2025.

Thai-US Tax Negotiations Raise Concerns Over Economic Impact

Bangkok: Dr. Thanawat Polvichai, President of the University of the Thai Chamber of Commerce, has expressed concerns regarding the ongoing negotiations on Thai-US tax measures, which remain unresolved. These negotiations are seen as a significant economic factor that warrants attention, particularly in assessing their potential impact on the economy in the latter half of the year. According to Thai News

SCB Asserts Interest Rate Cuts Alone Insufficient to Boost Thai Economy

Bangkok: SCB points out that cutting interest rates alone will not revive the economy, stating that the solution for Thailand must be comprehensive, including stimulating the economy, cutting interest rates, and providing loans. It believes that the US will negotiate intensively with Thailand because Thailand has a large trade surplus, which must be assessed by each industrial group. It expects

Pichai Denies Rumors of 36% US Tax on Thailand

Bangkok: Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, addressed concerns regarding rumors of a potential 36% tax imposition by the United States on Thailand. He clarified that these claims are unfounded and confirmed that discussions with the US Trade Policy Working Group are ongoing. According to Thai News Agency, Mr. Pichai emphasized that the news suggesting an

Kasikorn Research Center Anticipates Continued Strength in Baht Amid Key Economic Developments

Bangkok: Kasikorn Research Center forecasts that the baht will continue its strong performance this week. The focus will be on Thailand’s June 2025 inflation figures, the expiration of US tax measures in 90 days, and domestic political developments. The baht is projected to fluctuate between 32.00 and 32.80 baht to the dollar, while the Thai stock index is expected to

Tasanapol Inthraphuwasak Makes History as First Thai FIA F3 Winner

Bangkok: The Ministry of Tourism and Sports has extended its heartfelt congratulations to Tasanapol Inthraphuwasak, who has made history as the first Thai to win the FIA Formula 3 Sprint Race. According to Thai News Agency, the 18-year-old racing prodigy achieved this historic feat at the renowned Silverstone Circuit in England on July 5, 2025. This victory marks a significant