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

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 Federation of Thai Industries (FTI) has highlighted the negative impact of the ongoing Thai-Cambodian border clashes on the country’s industrial confidence index. According to Thai News Agency, these clashes have disrupted economic activities and border trade, leading to a decrease in the industrial confidence index, with growing concerns over a reciprocal tariff affecting competitiveness. Mr. Kriangkrai Thienukul, President

Bangkok: Diesel consumption in Thailand experienced a 1.4 percent decrease in the first six months of 2025, despite overall fuel consumption rising slightly. According to Thai News Agency, the average daily fuel consumption from January to June 2025 was 157.69 million liters, marking a 0.6 percent increase compared to the same period last year. This period saw a notable rise

Bangkok: The Department of Internal Trade (DIT) has launched a new initiative aimed at promoting the consumption of Thai beef through the “First Love, Thai Beef Flavor” campaign. This campaign seeks to highlight the superior quality of Thai beef, showcasing its tender texture and delicious taste to rival imported beef, with the ultimate goal of rebranding the product and boosting

Bangkok: Thailand’s top-quality intellectual property products, including artificial bones and surgical equipment, are playing a crucial role in aiding injured frontline soldiers during the Thai-Cambodian border conflict. This initiative is not only boosting exports but also generating long-term income for Thailand. According to Thai News Agency, Mr. Chatuporn Buruspat, Minister of Commerce, announced that the Department of Intellectual Property, in

Bangkok: BAFS announced its second-quarter operating results with a net profit of 56 million baht, admitting that jet fuel sales missed targets significantly due to a slowdown in Chinese flights, but showing hope after Indian flights recovered. M.L. Nattasit Diskul, President of Bangkok Aviation Fuel Services Public Company Limited (BAFS), revealed that the recent recovery in the tourism sector is