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

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

Bangkok: Suvarnabhumi Airport has achieved a significant milestone by being upgraded to a 4-star airport, as announced by Skytrax. The Airports of Thailand Public Company Limited (AOT) expressed their satisfaction with this accomplishment. According to Thai News Agency, Ms. Paweena Jariyathitipong, Acting Director-General of AOT, highlighted that Suvarnabhumi Airport has been elevated from a 3-star to a 4-star rating by

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

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

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