Four major Thai banks will close branches in Laos

Four major Thai banks, including Thai Military Bank, Bank of Ayudhya, CIMB Thai Bank, and Bangkok Bank, have decided to close their branches in Laos.

Thailand Dealing with Growing Global Headwinds

Thailand’s economic recovery may be hindered by a global slowdown, and the government’s economic stimulus policies could lead to higher government debt, according to Fitch Ratings analysts.

Thailand’s 30th Prime Minister in charge: Challenges and Hopes for Business Sector

The election of Thailand’s 30th prime minister has brought relief and optimism to the business sector, with hopes for quick action on economic issues.

Car production in Thailand increased by 4.7% in July

Car production in Thailand increased by 4.72% in July, driven by exports, while domestic sales declined due to tightened auto loans.

Thai capital market to cooperate against investment fraud

The Stock Exchange of Thailand and various entities in the capital market sector have formed a collaborative initiative to fight against investment fraud

Fitch Affirms Thailand at ‘BBB+’ with Stable Outlook

The rating takes into account Thailand’s strong external finances and sound macroeconomic policy framework, but also considers weaker structural features and political uncertainty.

Thai Industries Sentiment Index drops for two consecutive months in May 

The Federation of Thai Industries (FTI) Chairman attributed the decline to global economic uncertainties, high production costs, policy interest rate rises, and concerns over the new government

El Nino might cut Thailand’s rice harvest

The country, which is the second-largest exporter of rice in the world, has asked its farmers to plant only one crop this year, instead of the usual two, to conserve water and avoid crop failure.