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Three State Banks Collaborate to Support SMEs in Phuket

Bangkok: Three state-owned banks are joining forces for a major initiative aimed at supporting small and medium-sized enterprises (SMEs) in Phuket Province. This collaboration, titled “Bringing State Banks to Help the People,” is set to offer special promotions that will enable SMEs to access low-interest funding. The joint effort is a comprehensive partnership between the Small and Medium Enterprise Development

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

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 Stocks Slip as Morning Session Closes with Decline

Bangkok: Thai stocks closed the morning session down 7.65 points. The Stock Exchange of Thailand (SET) ended this morning at 1,269.78 points, marking a decrease of 7.65 points, or 0.60%, with a trading value of approximately 34.186 billion baht. According to Thai News Agency, during the morning trading, the index experienced a weakening trend. It reached a high of 1,283.55

HANN’s Stock Price Surges Over 70% on MAI Debut, Reflecting Strong Growth Potential

Bangkok: HANN, a prominent hospital network in the Mekong River Basin, entered the Market for Alternative Investment (MAI) today with a remarkable surge in its stock price. The shares opened at 1.19 baht, marking an increase of more than 70% from its initial public offering (IPO) price of 0.70 baht. This significant uptick underscores HANN’s potential as a leading healthcare

Wisut Chainarun Confident in Justice System Amid Constitutional Court Ruling

Bangkok: Wisut Chainarun, a Pheu Thai Party list MP and chairman of the Government Coalition Coordination Committee, has expressed confidence in the justice system as the Constitutional Court prepares to deliver its ruling on an audio clip involving Prime Minister Paetongtarn Shinawatra and Samdech Hun Sen. Wisut stated that even with a narrow margin, the situation can be maintained and

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