Thai Private Island “Koh Kham” Listed for Sale at 1.8 Billion Baht
A social media announcement about the sale of "Koh Kham" island in Trat province for 1.8 billion baht ($53.2 million) has created a buzz. Local officials confirm this is a genuine sale
Thai Industries Call for Stricter Regulation of Foreign E-commerce Platforms
Private sector concerns have emerged about foreign e-commerce businesses dumping product prices, making Thai businesses unable to compete. Therefore, they propose that the government implement regulations
Thailand Sees Record $21.6 Billion Investment Influx in 9-Month Period
During this 9-month period, Thailand has attracted investment with a value reaching 722,528 million baht ($21.6 billion), a 42% increase from the previous year, marking the highest investment in 10 years.
“Moo Deng” Phenomenon Sparks Business Growth, Secures Trademark
"Moo Deng the Pygmy hippo" phenomenon has not only attracted visitors from all over Thailand and abroad to Khao Kheow Open Zoo but has also created business opportunities for the Zoological Park
Surprise Move That Denies Political Pressure: BOT Cuts Rate to 2.25%
The Bank of Thailand's decision to reduce the policy interest rate for the first time in 4 years, following a majority vote of 5 to 2 at the Monetary Policy Committee (MPC) meeting on October 16, 2024, to lower the interest rate by 0.25%
Thai Mangosteen Retains Global Market; Growers Urged to Maintain Quality
The Commerce Ministry revealed that Thai mangosteen is still the world's No. 1, earning 17 billion baht annually in exports. Orchard owners have been advised to maintain quality
Foreign Investment in Thailand Hits $3 Billion in 8 Months
The Department of Business Development reported that foreign investment in Thailand amounted to 100.062 billion baht ($ 3 billion) in the first eight months of 2024, with Japan remaining the top investor with 136 companies
Robinhood Delivery Uninterrupted Service After SCB X Sale to Yip In Tsoi
SCB X stock surges 1.83% at the start of October, following the announcement of selling its delivery app "Robinhood" to Yip In Tsoi Company for 2,000 million baht ($61.6 million).
ADB Raises Growth Forecast for Region, But Warns of Risks from Trade Sanctions
Developing economies in Asia are forecast to grow at a 5.0% annual pace this year, helped by a strong U.S. economy and surging demand for computer chips The forecast was revised upward slightly from the ADB's April estimate of 4.9% growth.
Nanyang Launches Moo Deng-Inspired Sandals to Boost Business
Nanyang, a leading shoe manufacturer in Thailand, is capitalizing on the popularity of Moo Deng, the pygmy hippo celebrity, by collaborating with the Zoological Park Organization
