Bangkok: The Cabinet has approved the establishment of the National Credit Guarantee Agency (NaCGA), which is set to merge with the SME Bank within one year. Deputy Finance Minister Paopum Rojanasakul announced that the Cabinet has green-lighted the draft National Credit Guarantee Agency Act, aimed at supporting SMEs and small entrepreneurs in accessing capital. The draft will now proceed to

Bangkok: The Cabinet has approved a series of measures aimed at stabilizing paddy rice prices for the 2025/26 production year, allocating a budget of 61.697 billion baht. This decision was announced by Deputy Government Spokesperson Anukul Prueksanusak and is part of a proposal from the Ministry of Commerce (MOC). According to Thai News Agency, the primary component of the plan

Bangkok: The Oil Crops Board (OIC) has given the green light for the import of soybeans and coconuts as a strategy to maintain a balanced domestic production. Mr. Chatuporn Buruspat, the Minister of Commerce, was tasked by Deputy Prime Minister Mr. Pichai Chunhavajira to lead the 1/2025 meeting of the Oil Plants and Vegetable Oil Committee, held at the Kitiyakara

Bangkok: The Cabinet has given the green light for the Electricity Generating Authority of Thailand (EGAT) to develop a power transmission system in Nan, Phrae, and Uttaradit provinces, facilitating the purchase of 26.22 billion baht worth of electricity from Laos. According to Thai News Agency, Deputy Government Spokesperson Ms. Sasikarn Wattanachan announced the approval which aligns with the Ministry of

Bangkok: Bitcoin has surged to a new all-time high, with institutional buying reaching unprecedented levels following former President Donald Trump’s endorsement of Bitcoin as a potential investment asset for retirement funds. According to Thai News Agency, Bitget, a prominent cryptocurrency exchange, reported that Bitcoin’s price has climbed to a new peak of $124,000, driving the overall crypto market capitalization to

Bangkok: The Bank of Thailand (BOT) is urging temples to adopt digital systems for receiving donations as a measure to prevent the misuse of funds. The BOT emphasizes the importance of integrating these systems with good governance practices to enhance transparency and accountability. According to Thai News Agency, Ms. Daranee Saeju, the Assistant Governor of Payment Systems Supervision and Financial

Bangkok: The Oil Crops Board (OIC) has given the green light for the import of soybeans and coconuts as a strategy to maintain a balanced domestic production. Mr. Chatuporn Buruspat, the Minister of Commerce, was tasked by Deputy Prime Minister Mr. Pichai Chunhavajira to lead the 1/2025 meeting of the Oil Plants and Vegetable Oil Committee, held at the Kitiyakara

Bangkok: The Bank of Thailand has announced a new initiative to limit daily transfers for SML accounts to no more than 50,000 baht, in a strategic move to combat money laundering and financial fraud. The initiative is part of a broader effort to enhance security measures in collaboration with the Thai Bankers’ Association. According to Thai News Agency, the Bank