Bangkok: Gold prices are anticipated to continue their upward trajectory, with analysts projecting a significant increase due to ongoing geopolitical conflicts and expected interest rate cuts by the Federal Reserve (Fed). Market predictions indicate that gold could reach $4,000 per ounce by the end of the year. According to Thai News Agency, Mr. Pichai Lertsupongkij, Managing Director of InnovestX Securities,

Bangkok: The Bank of Thailand (BOT) is advocating for the prompt unfreezing of accounts belonging to innocent individuals, aiming to restore merchants’ trust in accepting money transfers. According to Thai News Agency, the BOT emphasized the urgency for all related agencies to establish clear guidelines by the end of September for unlocking accounts not associated with money mule activities. This

Bangkok: In the first seven months of 2025, Thailand’s daily fuel consumption reached 156.90 million liters, marking a 0.1% increase from the previous year. According to Thai News Agency, the Department of Energy Business reported notable variations in the consumption patterns of different fuel types during this period. Gasoline consumption rose by 1.5%, averaging 32.01 million liters per day. This

Bangkok: The Board of Investment (BOI) of Thailand, in collaboration with the Ministry of Higher Education, Science, Research and Innovation (MHESI), is proactively promoting the “Made-in-Thailand Chip” initiative in the United States. The effort aims to position Thailand as a significant manufacturing hub for semiconductors in Southeast Asia. This initiative is part of a strategic visit to the US to

Bangkok: Many mule accounts appear to be calling the AOC hotline. Only 30 of the 1,300 calls were found to be genuine accounts. According to Thai News Agency, the Permanent Secretary of the Ministry of Digital Economy and Society (MDES) revealed that the AOC hotline received 1,300 calls, providing information only to 300. Only 30 were found to be innocent,

Bangkok: The Bank of Thailand and gold shops are stepping up their monitoring of investors trading gold in baht. The Bank of Thailand (BOT) is meeting with gold shops to expedite measures to mitigate the impact of gold transactions on currency exchange rates and requesting cooperation in enhancing monitoring of gold trading in baht, particularly among investors. The Gold Traders

Bangkok: The Bank of Thailand, commercial banks, and police are set to meet urgently today to address the impact of the crackdown on “mule accounts” on the public. According to Thai News Agency, Ms. Daranee Saeju, Assistant Governor of the Payment Systems Supervision and Financial Consumer Protection Group at the Bank of Thailand (BOT), explained that the seizure of accounts

Bangkok: The Ministry of Finance (MOF) is accelerating the process of temporarily suspending bank accounts for individuals not related to money mule activities. The ministry clarified that only funds transferred from suspicious accounts would be suspended, allowing other transactions to proceed as usual. Account seizures will only occur with a police warrant. According to Thai News Agency, Professor Wisit Wisitsora-at,