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SEC Launches TouristDigiPay Initiative for Digital Asset Conversion

Bangkok: The Securities and Exchange Commission (SEC) is now accepting applications for “TouristDigiPay,” allowing foreign tourists to exchange digital assets for Thai baht. The SEC is advancing the TouristDigiPay platform, designed to enable foreign tourists to convert digital assets into Thai baht for local spending. Applications for business operators wishing to join the project are currently open, with the service

Elite Health Plus Secures Best Premium Health Insurance Product Award for Sixth Year

Bangkok: Elite Health Plus from Muang Thai Life Assurance has been recognized as the Best Premium Lump Sum Health Insurance Product for the sixth consecutive year at the “BUSINESS+ PRODUCT OF THE YEAR AWARDS 2025.” Mr. Sara Lamsam, CEO of Muang Thai Life Assurance Public Company Limited, accepted the Best Product of the Year Award in this category during the

Thailand’s Credit Rating Outlook Downgrade Sparks Concerns Over Economic Future

Bangkok: Thailand’s credit rating outlook has been downgraded to negative, intensifying pressure on the baht and raising concerns over the country’s economic trajectory. According to Thai News Agency, the downgrade from “stable” to “negative” by Fitch Ratings highlights the economic slowdown and challenges within the government’s fiscal position. Siam Commercial Bank’s Financial Markets Division predicts the baht will trade within

REAL25’s Stock Debut Sees 19.50% Surge on LiVEx Amid Prime Minister’s Surprise Appearance

Bangkok: REAL25’s first day of trading on the LiVEx exchange saw its stock rise by 19.50%, starting at 25.25 baht, which is an increase of 4.12 baht from its initial public offering (IPO) price of 21.13 baht. The event was marked by an unexpected appearance from Prime Minister Anutin Charnvirakul, who participated in the opening ceremony and posed for pictures,

GPSC Collaborates with Axens Group to Enhance Carbon Capture Technology in Thailand

Bangkok: GPSC has entered into an agreement with France’s Axens Group to jointly explore and develop the DMXS carbon capture technology, specifically the Mobile Pilot, aimed at upgrading fossil fuel-based power generation to clean energy. This partnership also envisions future expansion into other industrial sectors. According to Thai News Agency, Mr. Sirimeth Lipakorn, President and Acting Chief Operating Officer of

Bangchak Targets 100% EBITDA Growth by 2028 with New Strategy

Bangkok: Bangchak Corporation Public Company Limited has announced an ambitious new strategy, “Bangchak 100x,” with the aim of doubling its EBITDA by 2028. The company’s plan includes a substantial investment of 35 billion baht over the next three years to bolster its core business, expand into future infrastructure, and promote sustainable growth. According to Thai News Agency, Mr. Chaiwat Kovavisarach,

SET Proposes Capital Market Reforms to Boost Thai Economy

Bangkok: The Stock Exchange of Thailand (SET) has put forward a proposal to the Prime Minister, urging immediate reforms in the Thai capital market to enhance investor confidence and stimulate economic growth. According to Thai News Agency, the proposed changes include a legal guillotine aimed at reducing bureaucratic redundancy, which is anticipated to boost GDP growth by 0.89%. Professor Kitipong

Chaiwat Reaffirms Bangchak’s Thai Ownership Amidst Share Acquisition Concerns

Bangkok: Chaiwat Kovavisarach, the Chief Executive Officer of Bangchak Group and President of Bangchak Corporation Public Company Limited, has confirmed that Bangchak Corporation remains a Thai-owned company. He addressed concerns from the online community regarding Alpha Chartered Energy Co., Ltd.’s acquisition of shares in Bangchak Corporation, emphasizing that the transactions were conducted in strict adherence to the rules and regulations.