BUSINESS NEWS

The Bank of Thailand (BoT) warned the tariff-hit country is suffering a deeper-than-expected downturn, with the economy having likely posted its first quarterly contraction since the end of 2022. The Thai central bank revised down its third-quarter output projection to minus 0.5% from the second quarter, according to the latest forecasts published Wednesday. It now […]

SET-listed banks recorded 12% year-on-year earnings growth in the third quarter of this year, supported by higher fee-based income despite a decline in interest income and loan contraction. Please credit and share this article with others using this link: https://www.bangkokpost.com/business/general/3125020/thai-listed-banks-earnings-rise12-in-q3. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved. The

Bitkub Summit 2025: Gateway to the Future of Investment and Longevity.Discover the confluence of blockchain technology and artificial intelligence, and their potential to enhance the quality of life.The event emphasizes the belief that well-being is fundamental to a sustainable life. Bitkub Capital Group Holdings Company Limited is dedicated to establishing the Bitkub Summit as a

Thailand’s rapidly growing electric vehicle (EV) market is facing significant structural gaps that pose challenges to consumer rights, including battery safety risks, unclear warranty conditions, and unfair after-sales service, according to a new Thailand Consumer Council (TCC) study. Researchers, led by Manon Suklamai of King Mongkut’s University of Technology Thonburi, surveyed more than 400 EV

Central Group has partnered with the Tourism Authority of Thailand (TAT) to turn the country into a world-class tourism destination, rolling out major events and year-end campaigns to capitalise on the tourism recovery. The group said the number of foreign tourists visiting its malls, department stores and affiliated businesses this year almost doubled compared with

Thailand’s industrial sentiment index fell to its lowest level in three years in August on worries about domestic political uncertainty, a strong baht currency and tariffs imposed by the United States, the Federation of Thai Industries (FTI) reported on Wednesday. After falling for the past six months, the FTI said sentiment may pick up on

Kasikorn Research Center (K-Research) expects key economic cabinet appointments by Prime Minister Anutin Charnvirakul will lift public confidence and raise Thai GDP growth above earlier projections. Burin Adulwattana, managing director at K-Research, said the proposed economic ministers, particularly those from the private sector with strong expertise, credibility and trust, are likely to enhance confidence among

Dreame Technology, a global leader in high-end consumer electronics and intelligent manufacturing based in Suzhou, China, sees Thailand as a high-potential market for home appliances. The company is strengthening its presence in the country with new product lines. Meng Jia, director of Dreame Robot Vacuum, described Dreame as a “consumer-centric, tech-driven brand” that prioritises artificial

Thailand has the potential to become a hub for data centres and cloud services in Southeast Asia, due partly to the development of more facilities in this sector, says Gulf Development Plc, Thailand’s largest energy company by market value and a telecom operator. Gulf is among several companies that have announced plans to venture into

Central Pattana Plc (CPN), Thailand’s leading real estate developer, plans to open the first phase of Central Park, its 43rd shopping centre, on Sept 4, targeting 25 million visitors per year. The new mall is part of the Dusit Central Park mixed-use development covering 130,000 square metres of gross building area. Dusit Central Park includes