New york: Electricity Generating Public Company Limited (EGCO Group) is advancing its strategic growth in the United States by increasing its stake in the Linden Cogen power plant by 10%, resulting in a total holding of 38% in this 980 megawatt natural gas-fired cogeneration facility. According to Thai News Agency, Mr. Thawatchai Samranwanich, President and CEO of EGCO Group, announced

Bangkok: Several negative factors are affecting the global rice market, causing Thai rice prices to plummet. The Thai Rice Exporters Association points out that the global market is facing a series of negative factors. The Philippines has extended its rice import ban until the end of the year, India is preparing to release 20 million tons of stockpiles, and the

Bangkok: Deputy Finance Minister Woraphat Thanyawong has expressed concerns over the potential onset of a new trade war between China and the United States, following threats from former President Donald Trump to impose a 100% tariff on Chinese imports. According to Thai News Agency, Trump’s announcement includes plans to enforce export controls on software and other critical goods by November

Bangkok: PTT has successfully promoted organic farming and energy innovation in the Mae On District of Chiang Mai, fostering strong communities and enhancing the well-being of local villagers. According to Thai News Agency, the villagers of Mae On District, who once relied on chemical-based farming methods, have transitioned to organic farming with the support of PTT’s renewable energy innovations. These

Bangkok: Kasikorn Research Center indicates that next week, attention should be directed towards gold prices, foreign fund flows, and the ongoing US shutdown. The baht is projected to trade within a range of 32.50-33.00 baht per dollar, while the Thai stock index is expected to see support levels at 1,270 and 1,245 points, with resistance levels at 1,300 and 1,315

Bangkok: The high-speed rail project intended to connect three major airports has faced a significant delay, now extending to seven years and spanning across five different government administrations. The Transport Minister recently expressed his willingness to support the advancement of the project; however, he opposed the proposed amendment to the contract that suggests a “build and pay as you go”

Bangkok: Trump’s 100% tariff in retaliation for China’s control of rare earth minerals is having a severe impact on financial markets and the global economy, pushing gold prices higher. Gold prices are expected to test 65,000 baht by the end of this year. Thai authorities are advised to ease monetary easing to cope with the economic slowdown at the end

Bangkok: The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced the launch of the “Noppakhun Gold Deposit” initiative, offering customers a unique savings option with progressive monthly interest payments. The scheme allows deposits ranging from a minimum of 10,000 baht to a maximum of 100 million baht per individual, featuring a structured interest payment system over a 10-month period.