Lifestyle

Confident That Gem Exports Will Grow by at Least 5 Percent This Year

Bangkok: The Ministry of Commerce is confident that this year’s gem export growth rate will be at least 5%. The Ministry is preparing to hold the Bangkok Gems event, with an expected trade value of at least 3.5 billion baht. The Department of International Trade Promotion (DITP), the main organizer, has joined forces with the Gem and Jewelry Institute of

Ministry of Transport and Council of Engineers Collaborate on Thai-Chinese High-Speed Rail Project

Bangkok: The Ministry of Transport engaged in discussions with the Council of Engineers to boost local entrepreneurship and incorporate Thai materials in the Thai-Chinese high-speed rail project, specifically focusing on Phase 2. According to Thai News Agency, Deputy Prime Minister and Minister of Transport, Suriya Jungrungreangkit, disclosed that a meeting was convened with the President of the Council of Engineers

Government Savings Bank Announces 0.25% Loan Interest Rate Cut to Boost Economy

Bangkok: The Government Savings Bank has announced a 0.25% reduction in all loan interest rates, including MRR, MLR, and MOR, effective from August 15, 2025. This move is aimed at stimulating the economy. According to Thai News Agency, Mr. Wirachai Amornratkulsuwet, Senior Executive Vice President and Acting President of the Government Savings Bank, stated that the bank is committed to

SME D Bank Reduces Interest Rates to Support Thai Entrepreneurs

Bangkok: SME D Bank has announced a significant reduction in interest rates, lowering them by up to 0.25% annually, to aid Thai small and medium-sized enterprise (SME) entrepreneurs in bolstering their resilience across varying economic conditions. According to Thai News Agency, Mr. Pichit Mitrawong, the Managing Director of the Small and Medium Enterprise Development Bank of Thailand (SME D Bank),

Thai Minister Reaffirms Opposition to Red Meat Accelerators, Prioritizes Consumer Health

Bangkok: “Athakorn” clearly reiterates his opposition to the use of red meat accelerators, prioritizing the health of Thai people. The Minister of Agriculture reiterated his opposition to the permitting of red meat-promoting chemicals in meat, stating that they directly impact consumer health. He also offered support to the Thai team negotiating tariffs with the United States, hoping to secure the

Ministries of Finance and Public Health Collaborate to Enhance Welfare and Curb Fraud

Bangkok: The Ministry of Finance is partnering with the Ministry of Public Health to integrate health and welfare information as a strategy to enhance welfare, facilitate treatment, improve access to funding, and address drug procurement and tax fraud issues. Mr. Lawaron Sangsanit, Permanent Secretary of the Ministry of Finance, and Dr. Opas Karnkawinpong, Permanent Secretary of the Ministry of Public

Bangkok Bank Reduces Lending Interest Rates to Boost Economic Growth

Bangkok: Bangkok Bank has announced a reduction in its lending interest rates by 0.25%, effective August 14, 2025, as a strategic move to stimulate economic growth. According to Thai News Agency, Mr. Chairit Anuchitworawong, Senior Executive Vice President of Bangkok Bank Public Company Limited, stated that the bank has lowered its MLR (Minimum Loan Rate) and MRR (Minimum Overdraft Rate)

BOI Partners with Japan to Bolster Investment in Thailand’s Key Sectors

Bangkok: The Board of Investment (BOI) of Thailand has entered into a strategic partnership with Japanese investors to enhance investment opportunities in Thailand’s burgeoning sectors. This collaboration aims to boost investment in automotive, electronics, machinery, food, and metal products, while also fostering growth in startups and green industries. According to Thai News Agency, the Secretary-General of the BOI, Mr. Narit