ECL aims to grow portfolio with Itochu. SET-listed Eastern Commercial Leasing (ECL) expects its portfolio of auto hire-purchase and leasing loans to increase by more than threefold to 20 billion baht in five years, supported by its recent partnership with Japanese trading house Itochu. ECL formed a strategic partnership with GMT, a subsidiary of […]
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SRT to boost Laem Chabang To Bangkok Freight Services. The State Railway of Thailand (SRT) aims to increase freight services from Laem Chabang Port in Chon Buri to Bangkok to help reduce transport costs for import and export businesses. SRT governor Veeris Ammarapala on Wednesday led a team to inspect the deep sea port
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PM Adviser Joins Growing Call for Rate Cut Amid Rising Risks Benchmark rate should be 1% as opposed to 2.25%, economist says An adviser to Prime Minister Paetongtarn Shinawatra reiterated the government’s calls for the Bank of Thailand (BoT) to deliver more rate cuts this year to support Southeast Asia’s second-largest economy. The benchmark
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High-speed rail linking Bangkok to China in 5 years . Thailand expects to complete its first high-speed rail network linking the country to China through Laos in 2030, a long-delayed project officials have touted as key to furthering bilateral relations and trade between the two nations. The construction of the first phase linking Bangkok and Nakhon
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Thailand is focusing on attracting investments in electric vehicles (EVs) and its components, semiconductors, digital, future foods and renewable energy to boost the country’s potential amid global challenges, the Board of Investment (BOI) said. Foreign direct investment (FDI) continues to flow into Thailand amid the US-China trade war, Russia-Ukraine war and Middle-East conflict, which
Bangkok Achieves New Heights in Global Rankings Bangkok made a significant leap in the 2024 Global Cities Index (GCI), climbing 11 spots to 34th — the largest gain among the top 50 cities — driven by improvements in business activity, cultural experience and information exchange, according to consulting firm Kearney. Chanchai Tanatkatrakul, country head of Kearney Thailand,
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Analysts slash 2025 SET price target Analysts have already cut their year-end 2025 target for the Stock Exchange of Thailand (SET) index, only days into the trading year, to 1,556 points from 1,614, citing continued foreign capital outflows and political uncertainties as primary concerns. Sombat Narawutthichai, secretary-general of the Investment Analysts Association (IAA), said the
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