Lifestyle

YLG Predicts Surge in Thai Gold Prices to 56,000 Baht This Year

Bangkok: YLG expects Thai gold prices to reach 56,000 baht this year. Thais are among the top 10 gold buyers globally, with demand surpassing 21% in the first half of 2024. According to Thai News Agency, Ms. Pawan Nawawattanasap, Chief Executive Officer of YLG Bullion International Co., Ltd. (YLG), stated that YLG indicates that gold prices are on the rise.

Suriya Steps Down as Transport Minister, Emphasizes Rama II Road Project

Bangkok: Suriya Juangroongruangkit has resigned from his position as Minister of Transport. Suriya, alongside Deputy Transport Minister Manoporn Charoensri, bid farewell to Ministry officials, urging the incoming minister to prioritize the completion of the Rama II Road by the year’s end. The decision on the continuation of the 20 baht flat-rate policy remains with the new minister. According to Thai

Ministry of Energy Reiterates Thailand’s Readiness to Become a Regional LNG Hub

Milan: The Ministry of Energy announced at the Gastech 2025 stage in Milan, Italy, that Thailand is ready to become an LNG hub in the ASEAN region, linking economies and creating energy security for the country, and is ready to host the Gastech event next year. According to Thai News Agency, Mr. Samerjai Suksumek, Advisor to the Minister of Energy,

Thai Chamber of Commerce Proposes “Half-Half” Measure to Boost Grassroots Economy

Bangkok: Academics from the Thai Chamber of Commerce have recommended the “Half-Half” scheme as a means to stimulate the grassroots economy. According to Thai News Agency, the measure, which aims to alleviate economic hardship, is expected to have a positive impact on the local economy, as well as on the global economy, through the revival of the free trade system

Bangkok: The Managing Director of Globlex Securities Public Company Limited analyzed that the Bangchak Group has growth opportunities despite rumors of a Thai-Cambodian conflict. Mr. Suwat Sinsadok, Managing Director of Globlex Securities Public Company Limited, addressed the news of the Bangchak share purchase being linked to Thai and Cambodian politics. He stated that he did not know the veracity of the news and declined to confirm the truth, but believed that the impact of his previous acquisition as a new shareholder in Bangchak would be minimal on the company’s profitability, strategic direction, and transparency.

According to Thai News Agency, Thai shareholders, particularly the Thai government, still hold shares exceeding 40% – Vayupakdi Fund 19.84%, Social Security 15.11%, Ministry of Finance 4.76% – and private sectors such as BTS 1.45% and Bangkok Insurance 1.03%. Compared to the shareholding proportion of the group claimed to be ‘Hun Sen’s’, the exact amount cannot be determined. Even if

Thai Chamber of Commerce Supports Anutin’s Appointment with Focus on Urgent Economic Missions

Bangkok: The Thai Chamber of Commerce has expressed its support for Anutin Charnvirakul’s appointment as the 32nd Prime Minister of Thailand, while emphasizing the importance of addressing four urgent missions that are crucial for the country’s economic recovery. According to Thai News Agency, the Chamber has welcomed Anutin’s leadership and is ready to collaborate on initiatives such as the “Half-Half”

Thai Stocks Close Higher with 10.53 Point Increase

Bangkok: Thai stocks closed up 10.53 points as the SET concluded trading today at 1,259.31 points, reflecting an increase of 0.84%. The trading value for the day reached 44,707.38 million baht. According to Thai News Agency, today’s stock market activity saw the index consistently in positive territory. It reached a high of 1,261.85 points and a low of 1,249.91 points.

Customs and FDA Launch Training Course for Health Product Importers

Bangkok: The Customs Department signed an MOU with the FDA to develop a training course for health product importers and exporters. This course will enhance knowledge, speed up safety inspections, and support Thai entrepreneurs in achieving GIP Plus standards. According to Thai News Agency, the Customs Department has entered into a Memorandum of Understanding (MOU) with the Food and Drug