Bangkok: Woraphat is making swift moves to tackle the significant challenge of over 13.55 trillion baht in non-performing loans (NPLs), with half of these loans being unsecured. The strategy involves negotiating with banks to transfer the debt to asset management companies (AMCs). This week, discussions are scheduled with the Ministry of Finance, the Bank of Thailand, and the Bankers’ Association

Bangkok: The National Economic and Social Development Board (NESDB) president has confirmed that Thailand possesses a robust reserve fund. The NESDB chairman has also suggested the creation of a 3 trillion baht “Sovereign Wealth Fund” to boost returns and raise funds. According to Thai News Agency, Dr. Suphawit Saicheua, Chairman of the NESDB, addressed the “Thailand Must Survive, Save Thailand”

Bangkok: Recently, Mr. Bhubing Thaweesap, Manager of Corporate Sustainability, and Ms. Kitiya Phakdeekratanamit, Manager of Greenhouse Gas Management, represented Thai Oil Public Company Limited in receiving the T-VER Awards 2025. They were recognized in the category of Best Carbon Credit Project for Energy and Heat Production Efficiency Improvement, acknowledging TOP SPP Co., Ltd.’s project for achieving the highest number of

Bangkok: The Minister of Energy has been pushing forward with green energy towards sustainability for the past four months. Energy Minister Atthapol Rerkpiboon outlined his four-month work policy to Parliament, stating his intention to proceed with projects in line with the Ministry of Finance’s “Quick Big Win” policy, advancing renewable energy, including public solar power, a 2,000-megawatt Direct Power Purchase

Bangkok: Many parties have come together under the “Thailand Must Survive, Save Thailand” campaign, urging people to navigate through the ongoing crisis. According to Thai News Agency, ThaiPublica, an online news agency, organized a seminar titled “Thailand Must Survive: Save Thailand Restore. Reframe. Rise” at Grand Center Point Lumpini. During the event, Dr. Suphawut Saicheua, Chairman of the National Economic

Bangkok: SCB EIC expects GDP growth to be less than 1% in the second half of 2025, even with the “Half and Half” scheme included. SCB EIC estimates GDP growth in 2025 at 1.8%, with growth in the second half of the year less than 1%, even with the “Half-Half” scheme included. The report points to the baht’s appreciation, suggesting

Bangkok: The Department of Business Development (DBD) has signed a Memorandum of Understanding (MOU) with the Central Islamic Committee of Thailand and LINE MAN Wongnai to enhance Halal-certified restaurants on digital platforms. This initiative aims to open new markets for high-purchasing Muslim customers, both Thai and international, and establish a credible standard for Thai restaurants on the global stage. According

Bangkok: NCL, alongside its subsidiary Golden Supply, has signed a contract with Navantia, a Spanish state-owned shipbuilding enterprise, to manage and support two Royal Thai Navy projects worth over 470 million baht, aiming to boost revenue growth in the third quarter of 2025. According to Thai News Agency, Mr. Phongthep Wichaikul, Chief Executive Officer of NCL International Logistics Public Company