Lifestyle

Government Savings Bank Empowers SMEs with GSB Change Maker 2025 Initiative

Bangkok: Government Savings Bank (GSB) is advancing the capabilities of small and medium-sized enterprises (SMEs) through the launch of the GSB Change Maker 2025 program. This initiative seeks to identify exceptional entrepreneurs, enhance business skills for the digital era, and distribute development grants amounting to over 500,000 baht. According to Thai News Agency, Ms. Lapawan Chankrajang, Deputy Director and Acting

Thailand’s Agricultural Sector Witnesses Growth with Projected Continued Expansion

Bangkok: Thailand’s agricultural GDP has experienced a growth of 3.3%, and further expansion of 2-3% is anticipated in the coming year. According to Thai News Agency, the Office of Agricultural Economics (OAE) has projected Thailand’s agricultural GDP to grow by 3.3 percent in 2025 compared to the previous year. This growth is attributed to consistent rainfall, adequate water resources, favorable

Bank of Thailand Cuts 2026 Economic Growth Forecast to 1.5%

Bangkok: The Bank of Thailand (BOT) has revised its economic growth forecast for 2026 to a mere 1.5%, marking the lowest projection in recent years. The BOT has acknowledged that under-potential economic growth is becoming commonplace and emphasized that merely lowering interest rates will not resurrect the robust growth of the past. In response, the BOT is preparing measures to

IEAT Launches AI-Powered Safety Checks for Worker Health Screening

Bangkok: The Industrial Estate Authority of Thailand (IEAT), in collaboration with partners, has initiated a pilot project titled “Safety Checks with AI” to enhance the quality of life for industrial workers, promoting sustainability across various provinces. The project is being implemented in the industrial estates of Sa Kaeo, Rayong, Chonburi, and Chachoengsao, with a goal to screen 5,000 workers over

EXIM BANK Urges Structural Balance in Thailand’s Export Sector to Boost Growth

Bangkok: EXIM BANK advises empowering Thai exporters, a key mechanism to support the Thai economy. According to Thai News Agency, EXIM BANK’s Business Research Department revealed in an article that by 2025, exports are expected to return to high growth levels and become one of the main engines driving the Thai economy. Therefore, it is important to focus on the

Ekniti Introduces TISA Tax Incentive to Boost Long-Term Savings and Capital Market

Bangkok: Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, has announced a new tax incentive program called the TISA (Tax Incentive for Savings Account) aimed at bolstering long-term savings and supporting the capital market. The initiative offers a total tax deduction of up to 8 million baht, along with a second benefit of tax exemption on interest, dividends, and

Slow Recovery and Potential Challenges Loom Over Thai Real Estate Market

Bangkok: The real estate market in Thailand is experiencing a gradual recovery, but concerns persist about its future trajectory. According to Thai News Agency, Siamese Asset Public Company Limited (SA) has highlighted the slow pace of recovery in the real estate sector, despite government interventions and the potential boost from lower interest rates. The high loan rejection rate, currently at

Thai Life Insurance Investigates Major Fraud Case Involving Agent Defrauding Over 128 Million Baht

Bangkok: Thai Life Insurance Public Company Limited has launched an investigation following allegations that a top-level agent defrauded clients of over 128 million baht. According to Thai News Agency, the Office of the Insurance Commission (OIC) has already revoked the agent’s license, and victims are demanding full compensation from the company. The investigation initiated by Thai Life Insurance revealed that