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Siripong Angkatasakulkiat Refutes Legal Impact of Memorandum of Agreement

Bangkok: Siripong Angkatasakulkiat, deputy leader of the Bhumjaithai Party, has addressed concerns raised over the legal implications of a Memorandum of Agreement (MOA) involving the Pheu Thai Party, Prachachon Party, and Bhumjaithai Party. He argued that the MOA lacks legal effect and does not lead to the dissolution of any political party. According to Thai News Agency, Siripong countered claims

Government Savings Bank to Launch 100 Billion Baht Soft Loan Initiative for SMEs

Bangkok: The Government Savings Bank (GSB) is set to launch a significant financial initiative, offering a 100 billion baht soft loan to Small and Medium Enterprises (SMEs) at an exceptionally low interest rate. This move is part of the bank’s efforts to stimulate economic growth and provide necessary financial support to grassroots businesses. According to Thai News Agency, the GSB

Ministry of Energy Promotes Queen Cashew Nuts as Eco-Friendly Product Nationwide

Uttaradit: The Ministry of Energy is spearheading efforts to promote the “Queen Cashew Nuts,” a local specialty from the Sirikit Dam, as a new eco-friendly product. In a bid to support community products and reduce energy consumption, the Ministry is also facilitating the sale of these cashew nuts at gas stations across the nation, targeting younger consumers. According to Thai

Bank of Thailand Apologizes for Account Suspensions Amid Gold Trading Tax Discussions

Bangkok: The Bank of Thailand (BOT) has issued an apology for the suspension of mule accounts, which has inadvertently affected honest citizens. The Governor of the BOT, Dr. Sethaput Suthiwatnarueput, expressed concern over the potential impacts on Thailand’s fiscal stability and the possibility of a credit rating downgrade. Additionally, he acknowledged ongoing discussions about taxing online gold trading as a

Consumers Cut Spending as SMEs Call for Government Action to Boost Purchasing Power

Bangkok: The Department of Business Development recently visited franchise and retail operators in the Wat Pho area to address business challenges. They discovered that consumers are exercising caution in their spending, leading to diminished purchasing power, which in turn affects income and profits. SMEs are urging the government to implement economic stimulus measures swiftly and to address the issue of

Gold Prices Expected to Rise Amid Market Uncertainty, Says Gold Traders Association President

Bangkok: The president of the Gold Traders Association has forecasted a continued rise in gold prices, despite challenges in the global market. The association’s president, Mr. Jitti Tangsitpakdee, emphasized that recent news of tax collection is negatively impacting the gold market, with numerous gold trading centers closing in various countries. According to Thai News Agency, Mr. Jitti stated that gold

Thai-Cambodian Cooperation Meeting to Combat Scammers

Sa kaeo: Today in Sa Kaeo Province, there was an important meeting between Thailand and Cambodia to seek cooperation in combating cybercrime and scams. According to Thai News Agency, officials from both countries gathered to discuss strategies and share resources to tackle the growing threat of cybercrime affecting their citizens. The meeting focused on enhancing cross-border collaboration, sharing intelligence, and

Thai Stock Market Closes with Gains of 8.41 Points

Bangkok: Thai stocks closed up 8.41 points, marking a positive end to the trading day. SET closed today at 1,308.19 points, reflecting an increase of 0.65%. The trading value reached 47,455.08 million baht. According to Thai News Agency, today’s stock trading showed the index fluctuating between a low of 1,303.29 points and a high of 1,309.90 points. The market saw