Bangkok: “Phao Phum” has disclosed that the GDP for the second quarter is expected to exceed previous forecasts, highlighting the beneficial impact of a 19% US import tax. This tax rate is seen as a reflection of Thailand’s manufacturing strength, providing structural advantages and paving the way for increased export investment. Plans are underway to introduce soft loan measures to

Bangkok: The Pig Association has formally appealed to Pichai Chunhavajira, the Deputy Prime Minister and Finance Minister, seeking assurance that imports from the United States will not be permitted. This request was made through a letter from Mr. Sitthipan Thanakiatphinyo, President of the National Swine Raisers Association, who emphasized the need for clarity regarding the potential opening of the US

Bangkok: EXIM Bank points to the 19% US import tariff rate, a result of the successful negotiations between the Thailand team, supporting the expansion of Thai exports in 2025. Mr. Bandit Sapianchai, Director and Acting President of the Export-Import Bank of Thailand (EXIM BANK), revealed that the successful negotiations by Team Thailand, led by Deputy Prime Minister and Minister of

Bangkok: The Ministry of Commerce is taking proactive steps to mitigate the impact of the tariffs imposed by the Trump administration by engaging with the private sector and the Thai Chamber of Commerce. The ministry is working to expedite plans addressing issues across the entire trade spectrum, from upstream to downstream, and aims to open new markets to bolster Thailand’s

Bangkok: TISCO estimates that the Monetary Policy Committee (MPC) will maintain the US interest rate at 19% in August. According to Thai News Agency, Paiboon Nalinthrangkurn, Chief Executive Officer of TISCO Securities Co., Ltd., praised the Thai trade negotiation team for their performance in recent US trade discussions. He commended Deputy Prime Minister Pichai and the team for securing a

Bangkok: The “OEM Manufacturer and e-Biz Expo 2025” has commenced, bringing together manufacturing plants specializing in OEM, ODM, and OBM, along with e-Business system developers. This event aims to offer comprehensive services from upstream to downstream, facilitating new entrepreneurs in launching their businesses efficiently. According to Thai News Agency, Mr. Surapol Utintu, Managing Director of N.C.C. Management and Development Co.,

Bangkok: Thai stocks are consolidating as investors await the outcome of crucial Thai-US trade negotiations. Meanwhile, the baht has experienced a significant weakening, with expectations of further gradual depreciation if Thailand is subjected to import tariffs as high as 36%. The baht risks a further 1.2% depreciation. According to Thai News Agency, the Thai stock index opened this morning at

Bangkok: The Bank of Thailand (BOT) has announced a new initiative to facilitate e-money payments for foreign tourists through the use of Thai QR codes, aiming to support the tourism industry and expand opportunities for small merchants who do not currently accept credit cards. According to Thai News Agency, Mr. Napongthawat Potikit, Senior Director of the Payment Systems Policy and