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GH Bank Lowers Interest Rates to Ease Housing Burden

Bangkok: The Government Housing Bank (GHB) has announced a reduction in its Minimum Retail Rate (MRR) interest rate for retail loans by 0.25% per year. This change, effective August 15, 2025, is aimed at easing housing burdens and stimulating the real estate sector. According to Thai News Agency, Mr. Kamolpop Virapala, President of GHB, stated that this decision follows the

Thai Minister Reaffirms Opposition to Red Meat Accelerators, Prioritizes Consumer Health

Bangkok: “Athakorn” clearly reiterates his opposition to the use of red meat accelerators, prioritizing the health of Thai people. The Minister of Agriculture reiterated his opposition to the permitting of red meat-promoting chemicals in meat, stating that they directly impact consumer health. He also offered support to the Thai team negotiating tariffs with the United States, hoping to secure the

Government Savings Bank Announces 0.25% Loan Interest Rate Cut to Boost Economy

Bangkok: The Government Savings Bank has announced a 0.25% reduction in all loan interest rates, including MRR, MLR, and MOR, effective from August 15, 2025. This move is aimed at stimulating the economy. According to Thai News Agency, Mr. Wirachai Amornratkulsuwet, Senior Executive Vice President and Acting President of the Government Savings Bank, stated that the bank is committed to

Confident That Gem Exports Will Grow by at Least 5 Percent This Year

Bangkok: The Ministry of Commerce is confident that this year’s gem export growth rate will be at least 5%. The Ministry is preparing to hold the Bangkok Gems event, with an expected trade value of at least 3.5 billion baht. The Department of International Trade Promotion (DITP), the main organizer, has joined forces with the Gem and Jewelry Institute of

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

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,

Krungthai Bank Reduces Loan Interest Rates to Aid Economic Recovery

Bangkok: Krungthai Bank has announced a 0.25% reduction in its lending interest rate, aligning with the Bank of Thailand’s resolution, as part of an initiative to support all customer groups during challenging economic times. According to Thai News Agency, this move comes in response to the fragile state of the Thai economy, influenced by significant trade regulations leading to new

Bangkok Bank Reduces Lending Interest Rates to Boost Economic Growth

Bangkok: Bangkok Bank has announced a reduction in its lending interest rates by 0.25%, effective August 14, 2025, as a strategic move to stimulate economic growth. According to Thai News Agency, Mr. Chairit Anuchitworawong, Senior Executive Vice President of Bangkok Bank Public Company Limited, stated that the bank has lowered its MLR (Minimum Loan Rate) and MRR (Minimum Overdraft Rate)