# bangkokbusiness.news

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## Posts

- [DBD Flags Over a Thousand Firms Suspected of Money Laundering](https://bangkokbusiness.news/dbd-flags-over-a-thousand-firms-suspected-of-money-laundering/): Bangkok Business News: DBD and Police Launch Crackdown on Suspicious Companies In a major move to tighten financial regulation, the Department of Business Development (DBD) has teamed up with the Royal Thai Police to target money laundering via shell corporations and mule accounts. Auramon Supthaweethum, Director-General of the DBD, announced that signs of illicit activity—such as false addresses, frequent changes of directors, and shares held by high-risk individuals—are being investigated more aggressively than ever. This Bangkok Business News report reveals that efforts are being piloted with fresh data, stricter digital surveillance, and public verification tools to ensure transparency. Authorities intensify…
- [Wells Fargo CEO Warns of More Downside to US Economy](https://bangkokbusiness.news/wells-fargo-ceo-warns-of-more-downside-to-us-economy/): International Business News: Wells Fargo Sounds Alarm Despite Strong Corporate Health Wells Fargo CEO Charles Scharf has issued a pointed warning that the U.S. economy carries more downside risk, even as many corporations and wealthy consumers appear to be faring well. In recent remarks, Scharf highlighted his growing concern that the positive picture painted by high-level metrics is masking pressures felt by lower‐income Americans. Scharf’s remarks come amid cooling labour market data and rising inflation, this International Business News report reveals, suggesting that what looks stable on the surface may conceal more widespread strain. Wells Fargo CEO Charles Scharf warns…
- [SCB Shake Up Retail Banking as Debt Crisis Deepens](https://bangkokbusiness.news/scb-shake-up-retail-banking-as-debt-crisis-deepens/): Bangkok Business News: SCB Moves to Restructure Retail Operations Siam Commercial Bank (SCB) has begun a significant restructuring of its retail banking operations as household and personal debt levels in Thailand reach alarming heights. The bank confirmed it will reduce the size of its retail unit and reallocate resources toward stronger-performing sectors such as wealth management and corporate banking. This Bangkok Business News report highlights that the decision comes as non-performing loans (NPLs) in the retail segment, especially in credit cards and personal loans, continue to climb, putting pressure on the bank’s balance sheet. SCB restructures retail banking operations as…
- [Thai Public Debt Threatens Credit Rating Warns TDRI](https://bangkokbusiness.news/thai-public-debt-threatens-credit-rating-warns-tdri/): Bangkok Business News: Debt Climb Raises Alarms in Bangkok Thailand’s public debt has surged over recent years, prompting the Thailand Development Research Institute (TDRI) to warn the government that it runs a serious risk of a credit rating downgrade. Such a downgrade would push up borrowing costs for both the public sector and private firms, making debt payments larger throughout the economy. Thai Economists Warn Rising Public Debt Could Put Pressure on The Nation’s Credit Rating and Future Growth Image Credit: AI-Generated This Bangkok Business News report shows that TDRI President Dr. Somkiat Tangkitvanich has urged the government to undertake…
- [Thai Banking Freeze Sparks SME, Micro-Business and Worker Chaos](https://bangkokbusiness.news/thai-banking-freeze-sparks-sme-micro-business-and-worker-chaos/): Bangkok Business News: Crackdown Turns into Economic Disruption In a sweeping crackdown intended to dismantle scam networks, the Bank of Thailand (BOT) has frozen millions of bank accounts nationwide in recent weeks. Officials insist the move targets “mule accounts” used by fraudsters to launder illicit funds and that the action is necessary to recover assets for scam victims. Yet the impact has stretched far beyond criminals, ensnaring ordinary citizens, foreign residents, and most worryingly, businesses of every size across Thailand. Banking freeze leaves Thai SMEs, microbusinesses and workers stranded without access to their moneyImage Credit: AI-Generated As daily transfer limits…
- [Caretaker Cabinet Keeps VAT at 7 Percent to Shield Consumers](https://bangkokbusiness.news/caretaker-cabinet-keeps-vat-at-7-percent-to-shield-consumers/): Bangkok Business News: VAT Rate Frozen for Another Year to Soft‐Peddle Economic Shock Thailand’s caretaker Cabinet has officially ruled to extend the current 7 per cent value‐added tax (VAT) rate for one more year, stretching from October 1, 2025 to September 30, 2026, in order to alleviate pressure on households and cushion the broader economy. The extension was confirmed by Deputy Finance Minister Julapun Amornvivat, who stressed that delaying the decision until the incoming government under Prime Minister Anutin Charnvirakul would risk exposing consumers to the full 10 per cent rate starting October 1. This Bangkok Business News report also…
- [Thailand’s Debt Trap Threatens Growth Spiral](https://bangkokbusiness.news/thailands-debt-trap-threatens-growth-spiral/): Bangkok Business News: Thailand’s Debt Builds a “Diabolic Loop” Thailand’s economy is caught in a perilous cycle of mounting debt across households, businesses, and the state, the National Economic and Social Development Council (NESDC) has warned. At its 2025 annual seminar on September 11, NESDC officials laid bare how runaway liabilities are undermining growth, dragging the country into what economists are calling a “diabolic loop.” This Bangkok Business News report finds that unless the cycle is broken, the cost will be borne not just by financial institutions but by every level of society. Thailand faces rising household and business debt…
- [Strong Baht Deals Blow to Thai Exports and Tourism Earnings](https://bangkokbusiness.news/strong-baht-deals-blow-to-thai-exports-and-tourism-earnings/): Bangkok Business News: Baht at Four-Year Peak Fanning Concerns Over Growth On September 9, the Thai baht surged to its strongest level in over four years, touching THB 31.58 per US dollar before easing slightly to THB 31.74 in the afternoon. The rise, which now marks about 7.5 percent appreciation since the start of 2025, puts Thailand among the strongest currencies in Asia. The baht’s strength is being driven by rising global gold prices and net inflows of foreign capital into Thai government bonds, coupled with a weakening US dollar as markets increasingly bet on an upcoming interest rate cut…
- [Thai Union and i Tail honored at National Ethics Assembly](https://bangkokbusiness.news/thai-union-and-i-tail-honored-at-national-ethics-assembly/): Bangkok Business PR News: Recognition for corporate integrity Thai Union Group PCL and i-Tail Corporation PCL were recently celebrated at the 14th National Morality Assembly, receiving the Private Sector Moral Credit Promotion Award. The ceremony, organized by the Morality Center (Public Organization) and presided over by Privy Councilor Nurak Mapraneet, took place at the Grand Diamond Ballroom, Impact Forum 1, Muang Thong Thani. Thai Union and i-Tail executives receive national ethics awards for workplace culture excellenceImage Credit: Thai Union Group Workplace culture as the foundation The awards highlight the companies’ long-term efforts to foster happiness and integrity among employees. Central…
- [Thailand Moves to Rein in Baht Surge Amid Economic Pressures](https://bangkokbusiness.news/thailand-moves-to-rein-in-baht-surge-amid-economic-pressures/): Bangkok Business News: Baht Hits a Four-Year High The Bank of Thailand (BOT) has stepped forward with strong assurances to curb volatility in the local currency after the baht surged to its highest level since June 2021. Rising nearly 8% this year, the baht’s unexpected rally has sparked concerns among exporters, tourism operators, and business leaders who fear the appreciation is eroding competitiveness at a time when Thailand is already under pressure from a 19% US tariff on exports. This Bangkok Business News report finds that policymakers are now weighing targeted measures to reduce the impact of non-fundamental factors like…
- [Fed Rate Cut Speculation Heats Up After Weak US Jobs Data](https://bangkokbusiness.news/fed-rate-cut-speculation-heats-up-after-weak-us-jobs-data/): International Business News: Standard Chartered Leads Call for Aggressive Move Standard Chartered Plc has shifted its forecast, now expecting the US Federal Reserve to deliver a sharper 50 basis point interest rate cut at its upcoming September 16-17 policy meeting. The bank’s analysts pointed to the latest August jobs data, which showed a steep slowdown in hiring and an unemployment rate rising to 4.3 percent — the highest level since 2021. This International Business News report highlights how the shift marks a significant change from Standard Chartered’s earlier projection of a modest quarter-point cut, underscoring the market’s growing concern about…
- [SET and TTB Power Thai Businesses Toward Green Finance Growth](https://bangkokbusiness.news/set-and-ttb-power-thai-businesses-toward-green-finance-growth/): Bangkok Business PR News: Partnership to Expand Sustainable Financing The Stock Exchange of Thailand (SET) has entered a strategic partnership with TMB Thanachart Bank (TTB) to expand the country’s sustainable finance ecosystem. This move is designed to help Thai entrepreneurs, especially small and medium-sized enterprises (SMEs), gain easier access to green financing through the SETCarbon platform. By integrating environmental, social, and governance (ESG) data into lending considerations, the collaboration supports companies in reducing greenhouse gas emissions while opening pathways to sustainable growth. This Bangkok Business PR News report indicates that it is clear that the partnership aligns with global trends…
- [Illegal Crypto Exchanges Thriving Across Thailand](https://bangkokbusiness.news/illegal-crypto-exchanges-thriving-across-thailand/): Bangkok Business News: Hidden Networks Behind Prestigious Families Illegal cryptocurrency exchanges are spreading rapidly across Thailand, creating a shadow economy worth billions. Many of these networks are not fringe operations but are managed by Thai-Chinese or Thai-Punjabi families with deep roots in business and politics. Shielded by wealth and influence, they have transformed crypto trading into a powerful tool for laundering money on a massive scale. This Bangkok Business News report reveals how the scale of these secretive operations is far greater than what authorities have publicly acknowledged. Secretive networks of Thai-families are fueling illegal crypto exchanges across Bangkok.Image Credit:…
- [Fitness Industry Set for Unstoppable Growth](https://bangkokbusiness.news/fitness-industry-set-for-unstoppable-growth/): Bangkok Business News: Rising Health Awareness Fuels Expansion The global fitness industry is entering a new era of growth, driven by rising health awareness and changing lifestyle choices. Across Thailand and other parts of Asia, gyms, wellness centers, and boutique studios are reporting stronger demand as more people adopt healthier routines. Many industry experts believe this surge is not a short-term trend but a long-term shift in how people view health, exercise, and well-being. According to this Bangkok Business News report, the sector is expected to keep expanding steadily, creating new opportunities for entrepreneurs, investors, and wellness professionals. The Thailand…
- [JasTel Partners with Pinthong to Boost Digital Networks](https://bangkokbusiness.news/jastel-partners-with-pinthong-to-boost-digital-networks/): Bangkok Business PR News: Strengthening Industrial Connectivity JasTel Network Co., Ltd., a leading domestic and international telecom provider under the JAS Group, has signed a memorandum of understanding with Pinthong Industrial Park Public Company Limited (PIN). The agreement covers the rollout of high-speed communication circuit services across Pinthong Industrial Estate Projects 4, 5, and 6, marking a significant step toward building a stronger digital backbone for Thailand’s industrial sector. According to this Bangkok Business PR News report, JasTel has been granted exclusive rights to provide high-speed connectivity within the estates. JasTel and Pinthong leaders seal a deal to power high-speed…
- [Surge in Chinese Goods Flooding Thailand Raises Alert](https://bangkokbusiness.news/surge-in-chinese-goods-flooding-thailand-raises-alert/): Bangkok Business News: Thailand is witnessing a dramatic surge in imports from China, prompting urgent scrutiny from the Ministry of Commerce. A recent study by the Trade Policy and Strategy Office (TPSO) highlights that a staggering 1,149 items are now entering the Thai market from China—of these, 24 are deemed high-risk and 166 are under watch, particularly in the automotive and consumer goods sectors. Chinese imports flood Thai markets raising risks for local industries Image Credit: AI-Generated In the midst of this influx this Bangkok Business News report reveals that the surge follows the US imposition of a 19 percent…
- [Sovereign Credit Danger Looms as Election Fever Grips Thailand](https://bangkokbusiness.news/sovereign-credit-danger-looms-as-election-fever-grips-thailand/): Bangkok Business News: Election heat raises sovereign credit alarm As Thailand’s political machinery revs into election mode, the nation now stands on the brink of a potential sovereign credit downgrade — a threat that could sharply raise borrowing costs and interest rates. Confidence among business leaders and investors is increasingly fragile, caught between political instability and stalled policymaking. Thailand possibly faces a potential sovereign credit downgrade Image Credit: AI-Generated Shaky economy amid political turbulence Thailand’s political volatility is already eroding trust across the private sector, undermining efforts to stimulate growth. With the prospect of the House collapsing and a call…
- [US Job Market Stalls as Unemployment Hits Four-Year Peak](https://bangkokbusiness.news/us-job-market-stalls-as-unemployment-hits-four-year-peak/): International Business News: Stalling Momentum in U.S. Labor Markets August 2025 delivered a sharp warning for the U.S. labor market, as nonfarm payrolls expanded by just 22,000 jobs—well below forecasts of at least 75,000. In another troubling sign, the unemployment rate rose to 4.3%, the highest level since 2021. Revisions to earlier data added more gloom, with June payrolls retroactively pushed into negative territory, marking the first monthly job loss since the early pandemic years. Unemployment levels are reaching new highs in America Image Credit: AI-Generated Analysts warn the economy may have entered “stall-speed,” where job growth slows to such…
- [NT and Telehouse Boost Thailand’s Rise as a Digital Hub](https://bangkokbusiness.news/nt-and-telehouse-boost-thailands-rise-as-a-digital-hub/): Bangkok Business PR News: Partnership strengthens international connectivity National Telecom Public Company Limited (NT) has partnered with Telehouse Thailand to directly connect international submarine cable routes, a move that strengthens Thailand’s communications network and positions the nation as a major digital hub in Southeast Asia. This Bangkok Business PR News report highlights how the collaboration will enhance the efficiency of data transmission services for both the public and private sectors. NT and Telehouse join forces to strengthen Thailand’s position as a leading regional digital hub.Image Credit: Telehouse Thailand Linking submarine cables to Bangkok The partnership allows Telehouse Thailand to connect…
- [DRT Expands Lightweight Brick Production in Saraburi with New Factory](https://bangkokbusiness.news/drt-expands-lightweight-brick-production-in-saraburi-with-new-factory/): Bangkok Business PR News: Boosting Capacity for Growing Demand Diamond Brand Products Public Company Limited (DRT) has officially launched its second lightweight brick factory in Saraburi, known as AAC-2. With this new operation, the company has increased its annual production capacity by 2.9 million square meters, bringing the total to 8.7 million square meters per year. This expansion strengthens DRT’s ability to serve both government and private sector clients with a wider product range. According to this Bangkok Business PR News report, the investment not only supports business growth but also enhances product flexibility for projects with standard or custom…
- [Turbo Money IPO Sparks Investor Excitement in Thailand](https://bangkokbusiness.news/turbo-money-ipo-sparks-investor-excitement-in-thailand/): Bangkok Business PR News: IPO Approval and Growth Ambitions Turbo Money Public Company Limited (TURBO) is preparing for an Initial Public Offering of up to 537 million shares, following approval from the Securities and Exchange Commission. The move will pave the way for the company’s listing on the Stock Exchange of Thailand and is being closely watched as a landmark step for a new generation of financial service providers. This Bangkok Business PR News report highlights how the company has built its reputation by blending technology with financial inclusion, aiming to expand access to loans, insurance, and installment services across…
- [Hong Kong Insider Trading Scandal Shakes HKEX and Watchdog](https://bangkokbusiness.news/hong-kong-insider-trading-scandal-shakes-hkex-and-watchdog/): International Business News: Sweeping Investigation Targets Market Insiders Hong Kong’s financial community is reeling as authorities pursue a wide-ranging investigation into alleged insider trading involving employees at both the Hong Kong Exchanges & Clearing Ltd (HKEX) and the Securities and Futures Commission (SFC). The probe, which began quietly months ago, has now gained momentum and is sending shockwaves through the city’s reputation as a secure and transparent marketplace. Allegations of Insider Trading brewing at the HKEXImage Credit: StockShots Sources familiar with the case say that regulators are combing through transactions and communications to uncover whether confidential information was leaked. In…
- [Ecolab and SCG Forge Powerful Alliance for Net Zero Future](https://bangkokbusiness.news/ecolab-and-scg-forge-powerful-alliance-for-net-zero-future/): Bangkok Business PR News: A milestone agreement for sustainability and competitiveness Ecolab, a global leader in water, hygiene, and infection prevention solutions, has joined forces with SCG, one of ASEAN’s largest and most respected conglomerates, to sign a five-year Memorandum of Understanding (MOU) running from June 2025 to May 2030. The collaboration focuses on enhancing SCG’s long-term competitiveness while aggressively pushing forward environmental, social, and governance (ESG) strategies aimed at achieving Net Zero. Ecolab and SCG Collaborate for Net Zero Future Image Credit: SCG This Bangkok Business PR News report highlights that the agreement represents more than just a corporate…
- [Thailand Considers VAT Hike to Raise 600 Billion Baht](https://bangkokbusiness.news/thailand-considers-vat-hike-to-raise-600-billion-baht/): Bangkok Business News: Revenue Shortfall Triggers Fiscal Reforms Thailand is facing mounting pressure to secure an additional 600 billion baht in tax revenue as current collections remain below those of comparable economies. Caretaker Finance Minister Pichai Chunhavajira revealed that state tax revenue accounts for just 15 percent of GDP, which is three points lower than regional peers. During the Fiscal Policy Office’s Fiscal Transformation seminar, he explained that the current VAT rate of 7 percent—below the mandated 10 percent—will expire in September. At that point, the government must weigh options for an increase. In this Bangkok Business News report, it…
- [Nike Corporate Cuts Spark Shockwave](https://bangkokbusiness.news/nike-corporate-cuts-spark-shockwave/): International Business News: Global Headwinds and Internal Realignment Earlier this week, Nike unveiled a fresh round of corporate-level reductions as part of a larger effort to reinvigorate its core business under the leadership of CEO Elliott Hill. The sportswear giant plans to trim less than 1 percent of its corporate headcount as it pivots toward a sport-centric organizational structure—emphasizing running shoes and athletic performance—while strengthening retailer partnerships and expanding its physical retail footprint. Nike has announced staff cuts at his corporate office with more cuts expected in coming weeks Image Credit: AI-Generated This International Business News report comes amid questions over…
- [Thai Banks Face Restructuring Amid Rising Digital Disruption](https://bangkokbusiness.news/thai-banks-face-restructuring-amid-rising-digital-disruption/): Bangkok Business News: Workforce Cuts Signal a New Era Thailand’s banking sector is entering one of its most dramatic transitions in decades, with major lenders pushing forward restructuring plans. Workforce reductions, voluntary retirement programs, and an increased focus on digital solutions are now at the center of banking strategies. This Bangkok Business News report highlights how economic challenges, combined with technological disruption, are forcing commercial banks to rethink their models for survival. Digital disruptions are a major issue for Thai banks coupled with the economic slump Image Credit: AI-Generated Pressures Forcing Rapid Change According to senior financial sources, three main…
- [Thai Furniture Exports Face New Threat from a New Round of Trump Tariffs](https://bangkokbusiness.news/thai-furniture-exports-face-new-threat-from-a-new-round-of-trump-tariffs/): Bangkok Business News: Rising Risks for Thai Furniture The Thai Trade Centre in Miami has confirmed that US President Donald Trump is preparing another wave of tariffs, this time targeting imported furniture. Thailand currently ranks in the top 10 sources of furniture imports to the US, making the country especially vulnerable to the policy shift. According to this Bangkok Business News report, Trump has already signaled via Truth Social that the US is reviewing tariffs on furniture imports, with a formal investigation underway to decide both necessity and tariff rates. Thai furniture exports are likely to be hit by a…
- [Thai Job Market Shifts Amid AI and Global Export Shocks](https://bangkokbusiness.news/thai-job-market-shifts-amid-ai-and-global-export-shocks/): Bangkok Business News: Global Turmoil Arrives at Home In the first half of 2025, the worldwide employment scene was rattled by sweeping layoffs across multinational corporations—a shockwave that has reverberated here in Thailand. Facing rapid AI adoption and tightening global trade, especially US tariffs on Thai exports, local businesses are recalibrating employment structures. The National Economic and Social Development Council (NESDC) reports a notable shift from traditional full-time positions toward contract and part time roles. These economic currents are compelling firms to rethink how they hire, how they let people go, and how they retain flexibility in uncertain times. The…
- [Thai State Agencies Drowning in 1 trillion Baht Debt Bomb](https://bangkokbusiness.news/thai-state-agencies-drowning-in-1-trillion-baht-debt-bomb/): Bangkok Business News: State Agencies on Edge as Debt Skyrockets Bangkok Business News—The Fiscal Policy Office (FPO) has raised a red flag over an emerging fiscal crisis as public agencies are now carrying a staggering debt burden of more than 1 trillion baht under Section 28 of the State Financial and Fiscal Discipline Act. The FPO warns this situation may jeopardize state operations if not handled with precision and caution. There is literally no money left for many Thai state agencies Image Credit: AI-Generated In response, the FPO urges the government to tread carefully when tapping into emergency funds, advocating…
- [Thailand Grants Five Year Tax Exemption on Crypto Trading](https://bangkokbusiness.news/thailand-grants-five-year-tax-exemption-on-crypto-trading/): Bangkok Business News: New Regulation Signed Thailand has taken a bold step in strengthening its digital economy by approving a five-year income tax exemption on capital gains from cryptocurrency trading. Deputy Finance Minister Julapun Amornvivat confirmed that he signed the regulation after a Cabinet resolution passed in mid June. This Bangkok Business News report highlights that the measure will officially apply from January 1, 2025, through December 31, 2029, once it is published in the Royal Gazette. Thailand Approves Five Year Crypto Trading Tax BreakImage Credit: AI-Generated Coverage and Scope of the Exemption The exemption will apply to all digital…
- [Bangkok Braces for Massive Office Space Oversupply as Economy Cools](https://bangkokbusiness.news/bangkok-braces-for-massive-office-space-oversupply-as-economy-cools/): Bangkok Business News: New supply enters an already crowded market Bangkok’s office property landscape is shifting once again as nearly 300,000 square meters of new space is set to hit the market in the second half of 2025. Bangkok is facing an oversupply of office space as the take up rate is declining due to the current slumpImage Credit: AI-Generated While the city has long positioned itself as a hub for regional business, this influx comes at a time when the overall economy is slowing, making it harder for landlords to maintain strong demand. According to this Bangkok Business News…
- [Thailand Export Growth Slows as Trump Tariffs Bite](https://bangkokbusiness.news/thailand-export-growth-slows-as-trump-tariffs-bite/): Bangkok Business News: Export boom shows signs of strain Thailand’s remarkable 13-month streak of export growth is facing a sudden slowdown as new US tariffs take effect and a stronger baht adds more pressure on the country’s exporters. This Bangkok Business News report highlights that while July exports surged 11 percent to reach $28.58 billion, the momentum may not last as the global trade environment shifts dramatically. Thailand exports are facing a slump due to recent tariffs imposed by Trump Image Credit: AI-Generated Artificial boost from pre tariff stockpiling Officials at the Ministry of Commerce admit that recent strong numbers…
- [Thai Companies Slash Full Time Jobs as Economy Falters](https://bangkokbusiness.news/thai-companies-slash-full-time-jobs-as-economy-falters/): Bangkok Business News: Surge in contract and part time employment Thailand’s economic slowdown is reshaping the labour market as companies cut costs by reducing full time staff and replacing them with contract and part time workers. Danucha Pichayanan, Secretary General of the National Economic and Social Development Council (NESDC), revealed in the Q2 2025 social report that organisations are moving away from permanent employment to short term roles. In this Bangkok Business News report, surveys show permanent part time positions in medium and large firms rose from 6 percent to 42 percent between 2022 and 2024, while temporary contracts jumped…
- [American Businesses Revive Recession Specials as Consumer Confidence Dips](https://bangkokbusiness.news/american-businesses-revive-recession-specials-as-consumer-confidence-dips/): International Business News: Economic Fears Spark Nostalgic Comeback Fears of an economic slowdown are once again creeping into everyday life as businesses in cities across the United States roll out so-called “recession specials.” Once a common feature during the Great Recession nearly two decades ago, these discounted offers are making a surprising comeback. According to this International Business News report, dining establishments, bars and even burger chains are reintroducing lower-priced bundles, tapping into both consumer nostalgia and current financial anxieties. Various business across American are launching recession specials to boost sales as the economy slumps and consumer confidence drops Image…
- [Thai Seafood Exports to US Face 4 Billion Baht Blow](https://bangkokbusiness.news/thai-seafood-exports-to-us-face-4-billion-baht-blow/): Bangkok Business News: US Tariffs Hit Thai Seafood Hard Thailand’s seafood industry is facing turbulent waters as new trade measures threaten to slash export earnings. The United States, Thailand’s largest seafood buyer, has imposed a 19 percent reciprocal tariff that could result in losses of up to 4.8 billion baht this year. Shrimp, tuna and other key exports are now under greater pressure, raising concerns for exporters who depend heavily on the American market. This Bangkok Business News report highlights how the tariff change is shaping the trade landscape for both nations. The Thai seafood industry is facing tough times…
- [Chinese Goods Surge Set to Hit Thailand Trade Balance](https://bangkokbusiness.news/chinese-goods-surge-set-to-hit-thailand-trade-balance/): Bangkok Business News: Tariffs driving redirection of exports Thailand is bracing for an unprecedented surge of Chinese goods over the next three years, with analysts warning it could be the highest inflow in a decade. The shift comes as a direct result of the United States’ recent trade policies under the Trump administration. This Business Bangkok News report examines how these tariffs are reshaping trade flows and what it means for Thailand. A flood of Chinese goods is expected into Thailand the next few yearsImage Credit: AI-Generated The United States introduced the so-called Trump Tariff, imposing duties of 15% to…
- [Trump Moves to Investigate Furniture Imports Tariffs](https://bangkokbusiness.news/trump-moves-to-investigate-furniture-imports-tariffs/): International Business News: A Major Trade Shift on the Horizon President Donald Trump has announced that his administration is launching a sweeping investigation into imported furniture, signaling a potential shift in U.S. trade policy. The probe, framed under the Section 232 national security statute, could lead to higher tariffs on imported furniture in the coming months. This International Business News report notes that while such tariffs may aim to revitalize U.S. manufacturing, they are already sparking strong reactions across the industry. All furniture imports into the United States are going to be facing new higher tariffs very soonImage Credit: AI-Generated…
- [Foreign Ownership in Thai Stocks Sees Sharp Decline](https://bangkokbusiness.news/foreign-ownership-in-thai-stocks-sees-sharp-decline/): Bangkok Business News: Shifting Investor Landscape The Thai stock market is undergoing noticeable shifts in investor dynamics as foreign ownership dropped to 4.43 trillion baht by mid-2025, down from 5.84 trillion baht at the end of 2024. This Bangkok Business News report highlights that domestic retail investors, who once dominated with over 50% of market participation, now account for only 30–35%. Institutional and fund investors have also lost ground, with their share slipping to around 10–12%. Foreigners are moving out of the Thai Stock Market at a very rapid phaseImage Credit: AI-Generated The Stock Exchange of Thailand (SET) research team…
- [KCE Pushes Thailand Toward Electronics Hub Leadership](https://bangkokbusiness.news/kce-pushes-thailand-toward-electronics-hub-leadership/): Bangkok Business PR News: Unveils Vision for ASEAN Leadership KCE Electronics Public Company Limited, a global leader in printed circuit boards (PCBs), is charting an ambitious path to position Thailand as the electronics manufacturing hub of ASEAN. The company emphasizes four strategic pillars that will strengthen the country’s competitiveness on the global stage. According to Mr. Pithan Ongkosit, Chief Executive Officer and Managing Director of KCE, the ultimate goal is to expand Thailand’s role in both automotive and non-automotive PCB technologies while ensuring long-term sustainability. In this Bangkok Business PR News report, it becomes clear that the strategy blends advanced…
- [TEKA Secures Sansiri Mega Deal as Backlog Climbs to 3376 Million Baht](https://bangkokbusiness.news/teka-secures-sansiri-mega-deal-as-backlog-climbs-to-3376-million-baht/): Bangkok Business PR News: TEKA’s Winning Streak Continues TEKA Construction Public Company Limited has revealed yet another major achievement, announcing it has secured the prestigious WIDEN by Sansiri project. The contract win boosts the company’s total backlog to 3.376 billion baht, a clear signal of its strong market presence and reliability in Thailand’s high-rise construction sector. This Bangkok Business PR News report highlights how the company’s momentum reflects both trust from major developers and a pipeline of opportunities that reinforce its long-term growth trajectory. Dr Weerasak Wanichwat, CEO of TEKA, announces the new construction contract from Siri TK Seven Co…
- [Mazda Expands Dealer Network with Areemit Group, Driving Growth in Northeast Thailand](https://bangkokbusiness.news/mazda-expands-dealer-network-with-areemit-group-driving-growth-in-northeast-thailand/): Bangkok Business PR News: Major Investment Strengthening Regional Economy Mazda Sales (Thailand) has taken another significant step in expanding its presence in the northeast by joining forces with the Areemit Group, a powerhouse in the automotive industry with deep roots in the region. Together, they have launched a new showroom and service center in Maha Sarakham Province with an investment exceeding 100 million baht. The facility will serve customers across Maha Sarakham, Kalasin, and Roi Et provinces, marking a bold move to reinforce the brand’s network and provide enhanced services to its growing customer base. This Bangkok Business PR News…
- [Token X Secures Rights to Launch Thailand’s First G Token](https://bangkokbusiness.news/token-x-secures-rights-to-launch-thailands-first-g-token/): Bangkok Business News: A New Era for Government Backed Digital Tokens Thailand has entered a new chapter in digital finance as Token X, a subsidiary of SCBX Group, secured official rights to serve as a provider under the Ministry of Finance’s Digital Token Offering Portal. This move enables the company to oversee the issuance of the country’s very first Government Token, or G-Token. The introduction of this instrument signals a transformation of the Thai financial market, where blockchain technology will be utilized to deliver transparent and accessible investment opportunities. According to this Bangkok Business News report, the groundbreaking initiative represents…
- [Federal Reserve Ends Specialized Crypto Fintech Supervision](https://bangkokbusiness.news/federal-reserve-ends-specialized-crypto-fintech-supervision/): International Business News: In a major regulatory shift announced on 15 August 2025, the Federal Reserve declared that it will discontinue its “novel activities” supervision program, initially launched in 2023 to monitor banks’ engagement with emerging crypto and fintech operations. The Fed stated its decision stems from a strengthened comprehension of associated risks and the improved ability of financial institutions to manage them effectively. Federal Reserve Ends Crypto and Fintech MonitoringImage Credit: AI-Generated From Specialized Scrutiny to Integrated Oversight The move signals a pivot from a tailored, dedicated supervisory regime toward embedding fintech and cryptocurrency activity oversight within the Fed’s…
- [Thailand Digital Ad Growth Falls to Historic Low In 2025](https://bangkokbusiness.news/thailand-digital-ad-growth-falls-to-historic-low-in-2025/): Bangkok Business News: Forecast Slashed to Just 5 Percent Thailand’s digital advertising industry is facing one of its most difficult years on record. The Digital Advertising Association of Thailand (DAAT) has sharply revised its 2025 growth forecast down to only 5 percent, the lowest figure ever recorded outside the pandemic years. This Bangkok Business News report highlights that the drastic downgrade is being driven by a sluggish economy, reduced consumer spending power, and growing uncertainty among businesses navigating inflation and political instability. The industry, which once enjoyed consistent double-digit expansion, is now grappling with realities that threaten to reshape the…
- [Samsung Surges Ahead in US Smartphone Wars as Foldables Reshape the Market](https://bangkokbusiness.news/samsung-surges-ahead-in-us-smartphone-wars-as-foldables-reshape-the-market/): International Business News: Samsung’s Bold Comeback The battle between Samsung and Apple in the United States smartphone arena has reignited with new intensity. Data shows Samsung’s market share jumped from 23% to 31% in the second quarter, while Apple’s slid from 56% to 49%. Although Apple still holds the top spot, the momentum has clearly shifted toward its South Korean rival, powered by cutting-edge foldable devices. This International Business News report highlights how shifting consumer preferences, new product launches, and trade disruptions are altering the balance of power in the industry. Samsung phones are gaining an increase in market share…
- [Thai Economy Faces Mounting Debt Storm in Key Sectors](https://bangkokbusiness.news/thai-economy-faces-mounting-debt-storm-in-key-sectors/): Bangkok Business News: Rising Concerns Across Key Industries Thailand’s financial system is showing early signs of strain as four critical sectors—manufacturing, hospitality, retail, and construction/real estate—face mounting repayment challenges. What began as an issue among small enterprises is now spreading to larger businesses, creating deeper concern among lenders and regulators. According to Kasikorn Research Center (K-Research), the risks are becoming harder to contain, particularly in the hospitality sector, where both special mention loans and non-performing loans (NPLs) are climbing at an alarming rate. This Bangkok Business News report underscores that companies with loan portfolios exceeding 500 million baht are no…
- [HANN Stock Surges on Debut as Hospital Chain Eyes Expansion](https://bangkokbusiness.news/hann-stock-surges-on-debut-as-hospital-chain-eyes-expansion/): Bangkok Business PR News: HANN’s Strong Market Debut Mukdahan International Hospital Public Company Limited, trading under the abbreviation HANN, entered the Market for Alternative Investment (MAI) with a spectacular opening on August 14, 2025. The stock surged more than 70 percent, closing at 1.19 baht, up 0.70 baht from its IPO price of 0.70 baht. This remarkable debut reinforced investor confidence in HANN as a rising healthcare powerhouse in the Mekong River Basin. HANN’s IPO was a success as the response was overwhelmingImage Credit: Mukdahan International Hospital Public Company Limited The stellar opening reflects robust investor sentiment, supported by HANN’s…
- [CP Foods Profit Soars 134 Percent as Overseas Growth Powers Strong Outlook](https://bangkokbusiness.news/cp-foods-profit-soars-134-percent-as-overseas-growth-powers-strong-outlook/): Bangkok Business PR News: Strong First Half Performance Beats Market Expectations Charoen Pokphand Foods Public Company Limited (CPF) has delivered a remarkable financial performance in the first half of 2025, reporting a net profit of 18.926 billion baht, a 134% jump from the same period last year. This surge was fueled by robust overseas operations, which account for two-thirds of the company’s sales, supported by efficient supply chain management, effective disease prevention in livestock, and cost reductions from lower soybean meal prices compared to last year. Prasit Boondoungprasert, CEO of CPF, announced that the company’s total sales for the period…
- [S Khon Kaen Foods Posts Strong Growth in First Half 2025](https://bangkokbusiness.news/s-khon-kaen-foods-posts-strong-growth-in-first-half-2025/): Bangkok Business PR News: Robust Revenue and Profit Expansion S. Khon Kaen Foods Public Company Limited (SORKON), one of Thailand’s leading processed meat producers, has announced an impressive performance for the first half of 2025, with revenue reaching 1,806.1 million baht, up 13.2% year-on-year, and net profit attributable to the company soaring 38.9% to 94.4 million baht. The company attributes its strong showing to steady growth across all business segments, especially in processed meat and pig farming. The second quarter alone (April–June) saw sales revenue climb 7.4% to 924.7 million baht, though net profit dipped 29.7% to 36.9 million baht…
- [Baht Surge Rattles Thailand Tourism](https://bangkokbusiness.news/baht-surge-rattles-thailand-tourism/): Bangkok Business News: A Currency Conundrum Joins Safety Fears Thailand’s tourism rebound is stumbling—not just because of safety scares but now also due to a rapidly strengthening baht. As the Thai currency climbs against the US dollar, international visitors are finding their money doesn’t stretch as far, dimming Thailand’s usual allure as a budget-friendly escape. With security concerns already denting confidence, the powerful baht compounds the struggle. The strong baht is deterring tourist from visiting the countryImage Credit: AI-Generated Drag on Demand and Destinations According to latest Bangkok Business News reports, from January to early August, foreign tourism earnings reached…
- [Thai Banks Move Fast to Cut Lending Rates After BOT Policy Shift](https://bangkokbusiness.news/thai-banks-move-fast-to-cut-lending-rates-after-bot-policy-shift/): Bangkok Business News: Banks Respond to Central Bank Decision Thailand’s major commercial banks have swiftly moved to slash lending rates after the Bank of Thailand (BOT) reduced its benchmark policy rate to the lowest level in more than two years. The central bank’s decision, aimed at supporting an economy pressured by new US tariffs and slower global trade, saw Bangkok Bank Pcl lead the way with a 25-basis-point reduction. Other key players, including state-run Krung Thai Bank Pcl, Kasikornbank Pcl, Siam Commercial Bank Pcl and Government Savings Bank, followed suit with matching cuts. Thai Banks splash lending rates after BOT…
- [One Stop Centre Launches to Shield Thai Exporters from US Tariffs](https://bangkokbusiness.news/one-stop-centre-launches-to-shield-thai-exporters-from-us-tariffs/): Bangkok Business News: Government Moves to Cushion Tariff Blow The Ministry of Commerce has rolled out a one-stop service centre in Bangkok aimed at helping Thai exporters navigate the challenges posed by the newly enforced 19% US tariff on imports from Thailand. The centre, located at the Department of International Trade Promotion (DITP) on Ratchadaphisek Road, will cater to both small and medium enterprises (SMEs) and large corporations, offering rapid-response support to preserve market competitiveness. Staff from 12 agencies, including eight under the Ministry of Commerce, have been assigned to provide expertise on-site. Thai goverment sets up a one stop…
- [Thai Real Estate Faces Worst Crisis in Decades](https://bangkokbusiness.news/thai-real-estate-faces-worst-crisis-in-decades/): Bangkok Business News: Historic Downturn Grips the Market Thailand’s property market is on the verge of its most severe crisis in history, with industry-wide home loan growth set to turn negative for the first time in 2025. A toxic combination of sluggish consumer purchasing power, a massive housing oversupply, and increasingly strict lending criteria by banks is crippling the sector. Unlike the COVID-19 slump, which was temporary, the current downturn is structural and far-reaching, spreading from budget properties to mid-range and even luxury developments. Experts warn that a destructive price war among developers could erode homeowner wealth and destabilize the…
- [Thailand Labour Crisis Sparks Warning Over Sri Lankan Worker Plan](https://bangkokbusiness.news/thailand-labour-crisis-sparks-warning-over-sri-lankan-worker-plan/): Bangkok Business News: Urgent Labour Gap as Cambodians Leave in Droves Thailand is facing a severe shortage of unskilled workers after tens of thousands of Cambodians abruptly returned home following last month’s deadly border clashes. The exodus, driven by fears for their safety, has left key sectors including farming, construction, fishing, and services struggling to cope. The Ministry of Labour is now weighing an urgent plan to import 10,000 Sri Lankan workers to plug the gap — a move some experts warn could create deeper problems in the long run. Many are warning that the Thai government plans to bring…
- [Singapore’s Economy Sees Forecast Upgrade but Storm Clouds Loom](https://bangkokbusiness.news/singapores-economy-sees-forecast-upgrade-but-storm-clouds-loom/): International Business News: Forecast Raised on Strong First Half Performance Singapore’s Ministry of Trade and Industry (MTI) has revised its 2025 full-year growth forecast to between 1.5 and 2.5 percent, up from its earlier estimate of 0 to 2 percent. The decision follows a better-than-expected performance in the first half of the year, with gross domestic product (GDP) expanding 4.3 percent year-on-year. In the second quarter alone, GDP growth hit 4.4 percent year-on-year, up slightly from the advance estimate of 4.3 percent, and well ahead of the 4.1 percent posted in Q1. On a quarter-on-quarter basis, the economy grew 1.4…
- [Thailand E-Commerce Growth Surges Past One Trillion Baht      ](https://bangkokbusiness.news/thailand-e-commerce-growth-surges-past-one-trillion-baht/): Bangkok Business News: Market Value Reaches New Heights Thailand’s e-commerce market recorded a remarkable surge in 2024, expanding by 14% to reach a total value of 1.1 trillion baht, up from 980 billion baht in 2023, according to Priceza.com. The sector’s rapid growth cements Thailand’s position as ASEAN’s second-largest digital retail economy, trailing only Indonesia. Projections indicate the market could soar to 1.6 trillion baht by 2027, fuelled by changing consumer habits and the dominance of online-first retail models. This Bangkok Business News report highlights the platforms, trends, and challenges shaping the future of this booming sector. Thailand E-Commerce Growth…
- [Thai Consumer Confidence Crisis Deepens as Economy Faces Mounting Pressures](https://bangkokbusiness.news/thai-consumer-confidence-crisis-deepens-as-economy-faces-mounting-pressures/): Bangkok Business News: Confidence Index Hits 31 Month Low Thailand’s consumer confidence has taken another sharp hit, falling for the sixth consecutive month in July to its lowest point in over two and a half years. The University of the Thai Chamber of Commerce (UTCC) survey revealed the index slipped to 51.7 from 52.7 in June, underscoring a growing sense of economic unease among the public. This Bangkok Business News report notes that concerns over stagnant growth, high living costs, and an unstable political climate are combining to sap purchasing power and erode optimism. Thai consumer confidence is simply going…
- [Thailand Faces Declining Appeal for Foreign Manufacturing Investors as Country and its Workforce is Deemed as Unproductive](https://bangkokbusiness.news/thailand-faces-declining-appeal-for-foreign-manufacturing-investors-as-country-and-its-workforce-is-deemed-as-unproductive/): Bangkok Business News: Concerns Mount Over Productivity and Cost Issues Thailand, once regarded as a key manufacturing hub for global firms seeking a strategic foothold in Southeast Asia, is now losing its appeal. Investors are increasingly turning to neighboring countries such as Vietnam, Indonesia, and Malaysia, citing rising labor costs, declining productivity, and a business environment hampered by excessive public holidays. Thailand is now one of the leading countries with too many public holidays in a year, making it a highly unproductive nation. Image Credit: AI-Generated These factors are reshaping the perception of Thailand as one of the region’s most…
- [Thailand Electronics Industry Faces Tariff Shock and Cost Cutting Drive](https://bangkokbusiness.news/thailand-electronics-industry-faces-tariff-shock-and-cost-cutting-drive/): Bangkok Business News: Manufacturers Brace for Shifting Global Trade Dynamics Thailand’s electronics sector, employing around 650,000 workers, is bracing for turbulent times as escalating US tariffs force companies to tighten budgets, freeze hiring, and even explore partial relocation of production to lower-cost countries. According to the many local electronic product manufacturers, the goal is to safeguard competitiveness and absorb the impact of changing trade policies. This Bangkok Business News report highlights how shifting manufacturing bases to nations like Vietnam and Malaysia is becoming an increasingly realistic option for many firms that already operate multiple international facilities. Many local electronic product…
- [Global Equity Funds Face Heavy Withdrawals Amid Tariff and Economic Jitters](https://bangkokbusiness.news/global-equity-funds-face-heavy-withdrawals-amid-tariff-and-economic-jitters/): International Business News: Investors Shift from Stocks to Safe Havens Global equity funds experienced another week of significant outflows as market uncertainty intensified over escalating U.S. tariffs and signs of economic weakness. Data from LSEG Lipper showed that in the week ending August 6, investors pulled out a net $7.82 billion from global equity funds, adding to the $29.95 billion withdrawn the previous week. Safe-haven demand surged instead, with money market funds seeing their largest inflows since January, attracting $135.37 billion. According to this International Business News report, the move came as investors rushed to secure recent gains following U.S.…
- [More Factories Closures in Thailand Signal Deepening Industrial Crisis](https://bangkokbusiness.news/more-factories-closures-in-thailand-signal-deepening-industrial-crisis/): Bangkok Business News: Thai Manufacturing Sector Hits a Tipping Point Thailand’s manufacturing sector is facing one of its most turbulent periods in decades, with factory closures increasingly matching or surpassing new openings. Recent figures from the Department of Industrial Works (DIW) for the first seven months of 2025 reveal a worrying pattern: June recorded 73 new factory openings but also 73 closures, a rare parity that underlines the economic fragility gripping the country. Employment numbers reflect the same distress — in June alone, just 1,413 new jobs were created while 2,307 were lost due to closures. The rate of factory…
- [Yum Brands US Sales Dip While Taco Bell Shines Bright Globally](https://bangkokbusiness.news/yum-brands-us-sales-dip-while-taco-bell-shines-bright-globally/): International Business News: Mixed Performance from Global Fast-Food Giant Yum Brands, the parent company of Pizza Hut, KFC, and Taco Bell, released its second-quarter earnings this week, revealing a performance that fell short of Wall Street’s expectations. Despite overall system sales increasing through digital channels and Taco Bell posting strong growth, the company’s other flagship brands—KFC and Pizza Hut—struggled, particularly in their home market of the United States. Yum Brands’ KFC and Pizza Hut does badly in the United States Image Credit: Yum Brands According to figures for the quarter ending June 30, Yum Brands reported adjusted earnings of $1.44…
- [Beger Makes History as Thailand’s First Green Paint Brand in Loan Program](https://bangkokbusiness.news/beger-makes-history-as-thailands-first-green-paint-brand-in-loan-program/): Bangkok Business PR News: Historic MOU Signing Marks Industry First Beger Paint Co Ltd, Thailand’s leading eco-friendly paint innovator, has officially partnered with Kiatnakin Bank through a landmark Memorandum of Understanding (MOU) to support the bank’s forward-thinking “Green Loan” initiative. The signing ceremony took place at Kiatnakin Bank’s Asoke headquarters, with Dr Charurat Chaiyosburana, an executive from Beger Paint Group, representing the company. This partnership makes Beger the first and only paint and construction chemical brand in Thailand to be officially recognized as a “Green Material” within the bank’s environmental financing program. Beger Paint has officially partnered with Kiatnakin Bank…
- [Thailand Cost of Living Crisis Deepens Despite Deflation Claims by Thai Government](https://bangkokbusiness.news/thailand-cost-of-living-crisis-deepens-despite-deflation-claims-by-thai-government/): Bangkok Business News: Inflation Down but Wallets Still Squeezed Thailand’s inflation rate dropped for the fourth consecutive month in July, registering at -0.7% compared to the same period last year. This marks the fifth straight month inflation has remained below the Bank of Thailand’s (BoT) target range of 1.0% to 3.0%. The decline was primarily driven by falling energy costs—particularly gasoline, diesel, and electricity—as well as fresh produce, according to the Commerce Ministry. Many Thais are faced with high cost of living and are unable to make ends meetImage Credit: Al-Generated However, despite these figures, this Bangkok Business News report…
- [Sahapat Expands into Sports Market with Adidas Thailand Deal](https://bangkokbusiness.news/sahapat-expands-into-sports-market-with-adidas-thailand-deal/): Bangkok Business PR News: New Business Synergy Sparks Market Expansion Sahapatanapibul Public Company Limited (SPC), one of Thailand’s foremost consumer goods distributors, has entered a strategic alliance with global sportswear giant Adidas in a bold move to expand into the sportswear and equipment market nationwide. The partnership is set to revolutionize access to premium athletic products across provincial regions, leveraging SPC’s unmatched distribution network and retail penetration throughout Thailand. Ms. Chailada Tantivejkul, Deputy Managing Director of SPC Image Credit: Sahapatanapibul Public Company Limited In a fast-evolving retail landscape, this Bangkok Business PR News report highlights how SPC aims to meet…
- [Thai Exports Under Fire Over Origin Fraud Allegations by US](https://bangkokbusiness.news/thai-exports-under-fire-over-origin-fraud-allegations-by-us/): Bangkok Business News: Customs Crackdown as Trade Tensions Rise Thailand’s Finance Ministry has ordered immediate and tougher inspections of exports following mounting concerns from the United States over potential fraud involving solar cells and other products. Deputy Finance Minister Julapun Amornvivat confirmed that the Customs Department has been instructed to intensify its crackdown on goods suspected of transshipment and counterfeit origins, particularly those originating from China but rebranded as Thai exports. One of the key products breaking the trade rules according to the United States was solar panels from Thailand Image Credit: AI-Generated This Bangkok Business News report comes on…
- [Thailand Crypto Tourism Bet Draws Global Digital Elite](https://bangkokbusiness.news/thailand-crypto-tourism-bet-draws-global-digital-elite/): Bangkok Business News: Thailand Launches Crypto Sandbox to Revolutionize Tourism Thailand is making a bold move to redefine its tourism landscape by launching a digital asset sandbox aimed squarely at the world’s affluent and tech-savvy travelers. In a landmark shift toward embracing decentralized finance, the kingdom is enabling tourists to convert cryptocurrencies into Thai baht seamlessly, bypassing traditional currency hurdles that often deter high-net-worth crypto holders from spending abroad. Thailand to accept crypto currency payments to boost tourismImage Credit: AI-Generated Spearheaded by Thailand’s Securities and Exchange Commission (SEC) in collaboration with the Bank of Thailand, the initiative aims to remove…
- [Singapore Stock Market Boom Signals New Era for Regional Investors](https://bangkokbusiness.news/singapore-stock-market-boom-signals-new-era-for-regional-investors/): International Business News: Singapore Equities Surge to New Heights Singapore’s stock market is drawing global attention as it blazes through new record highs, with experts declaring the start of a powerful bull run that could reshape investor strategies across Asia. The benchmark Straits Times Index (STI) has risen more than 23% since April 9, according to LSEG data, outperforming the S&P 500 and many regional peers. Analysts from major financial institutions like Maybank and Aberdeen believe this is only the beginning of what they call a “baby bull” market—still in its early stages but poised for major expansion. Singapore’s stock…
- [Kiatnakin and SCG Drive Real Estate Shift to Low Carbon Future](https://bangkokbusiness.news/kiatnakin-and-scg-drive-real-estate-shift-to-low-carbon-future/): Bangkok Business PR News: A New Chapter in Sustainable Development In a strategic move that could redefine Thailand’s real estate development standards, Kiatnakin Phatra Bank has entered into a partnership with Siam Cement Group (SCG) to promote sustainable construction through the use of low-carbon materials, digital innovation, and green financing solutions. The alliance was cemented by a formal memorandum of understanding (MOU) between the two entities, marking a major step forward in embedding Environmental, Social, and Governance (ESG) principles across the construction and property sector. Kiatnakin Phatra Bank and SCG executives seal a partnership to propel Thailand’s real estate sector…
- [Sansiri Partners with KMITL to Launch Graphene Concrete Revolution](https://bangkokbusiness.news/sansiri-partners-with-kmitl-to-launch-graphene-concrete-revolution/): Bangkok Business PR News: Thailand’s real estate industry is set for a revolutionary transformation as Sansiri, a leading real estate developer, teams up with King Mongkut’s Institute of Technology Ladkrabang (KMITL) to pioneer graphene-enhanced precast concrete. This groundbreaking initiative aims to reshape construction technology, setting a new standard for sustainable and efficient building practices in the country. Sansiri partners with KMITL to unveil graphene-enhanced concrete walls for sustainable Thai construction Image Credit: Sansiri The collaboration marks a significant milestone in the country’s approach to advanced construction materials. According to this Bangkok Business PR News report, the joint effort leverages graphene’s…
- [Thailand Financial Services Mergers Enter Standstill Mode Amid Global Rebound](https://bangkokbusiness.news/thailand-financial-services-mergers-enter-standstill-mode-amid-global-rebound/): Bangkok Business News: Thai M&A Activity Drags Despite Global Upswing While the global mergers and acquisitions (M&A) landscape is showing signs of recovery in 2025, Thailand’s financial services sector is bucking the trend, stuck in a prolonged slowdown expected to persist through the end of the year. A new report by PwC Thailand reveals that dealmaking activity remains sluggish, held back by a combination of local economic instability, political uncertainties, and shifting global dynamics such as tariffs and rising funding costs. Thai financial services firms are slowing M&A activity as economic and political uncertainties loom over 2025Image Credit: PwC Thailand…
- [Samsung Profits Plunge Amid Chip Crisis and Shifting Global Tech Tides](https://bangkokbusiness.news/samsung-profits-plunge-amid-chip-crisis-and-shifting-global-tech-tides/): International Business News: Samsung’s Shock Earnings Drop Despite Solid Mobile Sales Samsung Electronics has reported a sharp slump in second-quarter profits, triggering widespread concern across global tech markets. The South Korean tech titan saw its operating profit nosedive by nearly 55% year-on-year to 4.7 trillion Korean won (USD 3.38 billion), well below analyst expectations of 5.33 trillion won. The financial blow was primarily inflicted by a staggering 93.8% collapse in profits from its critical Device Solutions division, which includes its once-dominant memory chip business. Samsungs reports a downturn in business profitsImage Credit: Samsung The company’s total revenue for the quarter…
- [SCG Decor Faces Profit Pressures but Bets Big on Vietnam and Cost Innovation](https://bangkokbusiness.news/scg-decor-faces-profit-pressures-but-bets-big-on-vietnam-and-cost-innovation/): Bangkok Business News: Weaker Thai Demand Forces Shift in Strategy SCG Decor Plc (SCGD), Thailand’s leading décor surfaces and bathroom solutions provider, is bracing for a 5% revenue dip in 2025 as weak domestic demand and sluggish consumer spending cloud the country’s construction and home improvement sectors. In 2024, the company reported a solid 26.1 billion baht in revenue and a net profit of over 809 million baht. However, in the first half of this year, sales have struggled due to the prolonged economic slump, a slowing real estate sector, and the strengthening baht, which has undermined export competitiveness. SCG…
- [Thai Bank Profits Slip as Sector Braces for Rougher Third Quarter](https://bangkokbusiness.news/thai-bank-profits-slip-as-sector-braces-for-rougher-third-quarter/): Bangkok Business News: Mixed Results in First Half Mask Growing Pressures Thailand’s commercial banks collectively reported a net profit of 66.2 billion baht for Q2 2025, reflecting a 2.97% drop from the prior quarter. While the first half of the year still showed a slight year-on-year increase of 3.97%, rising to 134.5 billion baht, a closer look reveals deepening concerns. This Bangkok Business News report highlights that bad debt provisions surged to 57.6 billion baht in the second quarter alone, signaling caution among lenders despite headline profitability. Banks in Thailand are reporting a dip in profitsImage Credit: AI-Generated Banks are…
- [Bangkok Condo Market Collapse Sparks Industry Alarm](https://bangkokbusiness.news/bangkok-condo-market-collapse-sparks-industry-alarm/): Bangkok Business News: Urban Housing Crisis Unfolds in Bangkok Bangkok’s once-vibrant condominium sector is experiencing an unprecedented downturn, with new condo launches in Q2 2025 crashing to just 373 units—a 94.2% drop from the same period last year. This figure represents the lowest activity in 16 years, surpassing even the market stagnation during the height of the pandemic. Bangkok condo market is literally stagnantImage Credit: Colliers This Bangkok Business News report reveals that developers are responding to the slowdown by freezing new projects and turning their focus toward clearing existing stock. The decline signals not a seasonal trend but a…
- [Thai Economy Faces Collapse Risk Amid US Trade Standoff](https://bangkokbusiness.news/thai-economy-faces-collapse-risk-amid-us-trade-standoff/): Bangkok Business News: Growth Projections Hold for Now But Storm Clouds Loom Thailand’s economy is projected to grow by 1.5% in 2025, according to the latest outlook by the Economic Intelligence Centre (EIC) of Siam Commercial Bank. While this aligns with earlier estimates, the resilience is only temporary and largely attributed to a strategic front-loading of exports. Thai businesses have been rushing shipments ahead of a looming August 1, 2025 deadline that could see crippling retaliatory tariffs imposed by the United States. The Thai economy is headed for tough timesImage Credit: Al- Generated However, the second half of 2025 may…
- [PTT Unveils Futuristic PT GIGA EV Station in Bangkok](https://bangkokbusiness.news/ptt-unveils-futuristic-pt-giga-ev-station-in-bangkok/): Bangkok Business PR News: A New Chapter in Thailand’s Green Mobility Push PTT Energy Public Company Limited has officially launched its groundbreaking electric vehicle hub, PT GIGA EV, in the high-growth Lat Phrao–Wang Hin corridor of Bangkok. With an investment of 40 million baht, this is PTT’s first 100% electric car charging station, free of traditional gas pumps, and represents a bold move toward a sustainable, oil-free future. The concept is not just a charging station—it is an innovative one-stop destination that merges mobility, lifestyle, and clean energy under one roof. PTT introduces its futuristic PT GIGA EV StationsImage Credit:…
- [King Power Restructure Triggers Closure of Downtown Stores and Staff Cutbacks](https://bangkokbusiness.news/king-power-restructure-triggers-closure-of-downtown-stores-and-staff-cutbacks/): Bangkok Business News: Three Major Branches to Shut by September King Power, Thailand’s largest duty-free retailer, is set to shut down three of its prominent downtown branches—King Power Srivaree, King Power Pattaya, and King Power Mahanakhon—starting September 2025. This strategic move comes as the company grapples with mounting operating costs, underperforming locations, and an urgent need to realign with the evolving landscape of the post-pandemic tourism economy. Many of King Power outlets are closing downImage Credit: King Power According to Nitinai Sirismatthakarn, Chief Executive Officer of King Power Corporation, the decision was driven by structural inefficiencies and revenue declines, particularly…
- [Thai Business Giants Brace for Fallout as Thailand-Cambodia Border Crisis Deepens](https://bangkokbusiness.news/thai-business-giants-brace-for-fallout-as-thailand-cambodia-border-crisis-deepens/): Bangkok Business News: Investor Confidence Falters as Tensions Surge The escalating military conflict between Thailand and Cambodia is sending shockwaves through the business community, especially among companies with significant exposure across the border. Investment consultants and financial analysts are urging extreme caution, pointing to growing risks for sectors such as aviation, energy drinks, retail oil, tourism, and exports. Most Thai businesses with a presence in Cambodia likely to be affected by the ongoing border conflictImage Credit: AI-Generated Among the most vulnerable is Samart Aviation Solutions (SAV), whose entire revenue depends on long-term air traffic control concessions in Cambodia. Analysts are…
- [From Coin Laundry Startup to Thai Billion Baht WashXpress Dream](https://bangkokbusiness.news/from-coin-laundry-startup-to-thai-billion-baht-washxpress-dream/): Bangkok Companies: Once a small coin-operated laundry concept, WashXpress has now evolved into a 542-branch juggernaut poised to be the first laundromat business listed on the Stock Exchange of Thailand — potentially pushing its valuation into the billion-baht realm. WashXpress will be the first laundry company to be listed on the stock marketImage Credit: WashXpress It all started with frustration. Nick Chisanuphan Tangchalermkul, raised in a textile business family, ran apartments near an industrial estate where coin washers frequently broke down. One day, he spotted a self-service laundry store near his home and found it was a Malaysian franchise. He…
- [Thailand Cracks Down on Social Commerce Platforms](https://bangkokbusiness.news/thailand-cracks-down-on-social-commerce-platforms/): Bangkok Business News: Tighter Oversight for a Booming E-Commerce Sector Thailand is escalating its regulatory clampdown on digital platforms and online commerce in a sweeping move to protect consumers and prevent the flood of counterfeit or unsafe products in the market. As online retail sales surge past the one-trillion-baht mark, authorities are rolling out a new wave of policies designed to impose stricter compliance on major e-commerce operators. Tighter Oversight for a Booming E-Commerce Sector in ThailandImage Credit: AI-Generated On July 9, the Royal Gazette officially released the Electronic Transactions Development Agency’s (ETDA) latest directive, listing 19 high-impact digital platforms…
- [Thailand pork industry faces crisis from zero tariff US imports](https://bangkokbusiness.news/thailand-pork-industry-faces-crisis-from-zero-tariff-us-imports/): Bangkok Business News: Thailand’s Pork Sector Faces Billions in Losses Amid Trade Negotiations A major threat is looming over Thailand’s pork industry as trade discussions with the United States intensify. Kasikorn Research Center has sounded the alarm over the possibility of a 0% import tariff deal that would grant unrestricted access to US pork products—putting Thailand’s entire pork ecosystem at serious risk. The research warns that this could trigger losses exceeding 112 billion baht for the domestic sector, sparking disruption across the supply chain and potentially compromising national food safety standards. US Pork will soon be a common sight in…
- [Thai SMEs Face Perfect Storm as Imports Surge and Tariff Threats Grow](https://bangkokbusiness.news/thai-smes-face-perfect-storm-as-imports-surge-and-tariff-threats-grow/): Bangkok Business News: Mounting Losses and Wave of Closures Thailand’s small and medium-sized enterprises (SMEs) are bracing for yet another turbulent year as global trade uncertainties and domestic weaknesses converge to create a punishing environment. According to fresh data released by two major research houses, Thai SMEs are suffering from rising losses, an alarming rate of business closures, and looming threats from trade liberalization policies with the United States. Many Thai SMES are facing problems or are collapsingImage Credit: AI-Generated Kasikorn Research Center (K-Research) has reported a consistent year-on-year rise in the number of SME shutdowns between 2021 and 2024,…
- [Mercer Thailand HR Conference 2025 to Explore Urgent Workforce Shifts](https://bangkokbusiness.news/mercer-thailand-hr-conference-2025-to-explore-urgent-workforce-shifts/): Bangkok Business Events: Transforming Skills Amid a Global Labor Revolution Global HR advisory giant Mercer is gearing up to host one of the most impactful HR events of the year—Thailand HR Conference 2025—under the compelling theme “The Great Play-off: Skills Revolution for a Future-Ready Workforce.” Set to take place on July 30, 2025, at the Phayathai Grand Ballroom, Eastin Grand Phayathai Bangkok, the event aims to dissect current labor market challenges and offer forward-thinking solutions for rapidly shifting workforce dynamics. Mercer Thailand HR Conference 2025 on the 30th of JulyImage Credit: Mercer This Bangkok Business Events news report finds the…
- [KH Academy Launches Free Legal Training to Empower Investors](https://bangkokbusiness.news/kh-academy-launches-free-legal-training-to-empower-investors/): Bangkok Business Events: Boosting Legal Awareness for Safer Investment Decisions KH Academy, the education arm of Khao Hoon Thurakit, is reaffirming its mission to foster a more informed and responsible society through a series of impactful initiatives. Its latest effort, the KH Legal Aid Project, returns this July with a special legal seminar—completely free of charge—aimed at helping the public and investors better understand their legal rights and responsibilities. Join KH Academy’s free legal seminar on the 19 th of July with a focus on investingImage Credit: KH Academy The upcoming session will focus on public company law and how…
- [UNIDO Endorses ProPak Asia 2026 Shift to Impact Arena](https://bangkokbusiness.news/unido-endorses-propak-asia-2026-shift-to-impact-arena/): Bangkok Business Events: Global Packaging Giants Back Thailand’s Premier Trade Event ProPak Asia, Southeast Asia’s flagship event for processing and packaging, is set to reach new heights as the United Nations Industrial Development Organization (UNIDO), the World Packaging Organization (WPO), and the Asian Packaging Federation (APF) throw their full support behind Informa Markets. In a major move to accommodate its rapid global expansion, the 2026 edition of the event will now be hosted at IMPACT Muang Thong Thani. Industry leaders unite to announce ProPak Asia 2026 relocation to IMPACT Muang Thong ThaniImage Credit: Informa Markets This Bangkok Business Events news…
- [RX and BHIRAJ BURI Launch Strategic BITEC Partnership in Thailand](https://bangkokbusiness.news/rx-and-bhiraj-buri-launch-strategic-bitec-partnership-in-thailand/): Bangkok Business PR News: Major Investment Signals MICE Industry Growth RX has officially announced a landmark partnership with BHIRAJ BURI GROUP (BBG), the owner of the Bangkok International Trade & Exhibition Centre (BITEC). The new joint venture, named RX BITEC, is set to redefine Thailand’s role as a key player in the global MICE (Meetings, Incentives, Conferences and Exhibitions) industry. RX is a global event organizer company with numerous offices around the world and handles hundreds of major events a year. With Bangkok’s strategic location and BITEC’s established reputation, the collaboration aims to elevate trade shows and exhibitions through innovation,…
- [Panpuri Sets Bold Course with Record Growth and Global Plans](https://bangkokbusiness.news/panpuri-sets-bold-course-with-record-growth-and-global-plans/): Bangkok Business PR News: Soaring Start to 2025 for Thailand’s Luxury Wellness Brand Thai luxury niche fragrance and wellness brand PAÑPURI has made a powerful start to 2025 with a first-quarter growth of over 20%, building on its record-shattering 1.11 billion baht in sales in 2024—a stunning 92% jump from the previous year. The company, now in its 22nd year, is eyeing a bold target of 3 billion baht in sales within the next four years as it intensifies its local and international expansion strategy. Vorravit Siripark, Founder & CEO at PanpuriImage Credit: Panpuri According to this Bangkok Business PR…
- [ICT Manufacturing Targets Global Breakthrough with 15 Billion Baht Vision](https://bangkokbusiness.news/ict-manufacturing-targets-global-breakthrough-with-15-billion-baht-vision/): Bangkok Business PR News: A Pure OEM Pioneer in Thailand’s Beauty Industry ICT Manufacturing Co Ltd, a Thai-based powerhouse in the OEM cosmetics manufacturing sector, is setting an ambitious revenue goal of 1.5 billion baht by 2025. The company, which operates without its own brand and adheres to strict OEM ethics, is aiming for aggressive global expansion into ASEAN, Europe, and the United States. For over three decades, ICT Manufacturing has supported cosmetic entrepreneurs with professional-grade services—ensuring product confidentiality, no duplication of formulas, and customized production solutions. Mr Thanawat Piboonsawat, of ICT Manufacturing, outlines the company’s bold global expansion strategyImage…
- [MAXHUB and VST ECS Join Forces to Revolutionize Thai Tech Market](https://bangkokbusiness.news/maxhub-and-vst-ecs-join-forces-to-revolutionize-thai-tech-market/): Bangkok Business PR News: Strategic Alliance Aims to Redefine Smart Communication in Thailand MAXHUB Thailand, a recognized leader in display technology and intelligent communication solutions, has officially named VST ECS Thailand as its authorized national distributor. This strategic move is expected to significantly boost MAXHUB’s presence across the country while supporting the growing demand for integrated digital communication tools in diverse industries. MAXHUB and VST ECS executives seal their strategic partnership to expand smart communication solutions across ThailandImage Credit: VST ECS The partnership was formally launched at a high-level signing ceremony graced by Mr. Somsak Phetthaweeporndej, CEO of VST ECS…
- [GO Wholesale MLA Training Initiative Sets New Meat Industry Benchmark](https://bangkokbusiness.news/go-wholesale-mla-training-initiative-sets-new-meat-industry-benchmark/): Bangkok Business PR News: Central Retail Pushes Forward with Butchery Upskilling Program GO Wholesale, the leading fresh food wholesale center operated by Central Food Wholesale Co Ltd under Central Retail, is stepping up its commitment to quality and professionalism in Thailand’s food service industry. In a landmark collaboration, GO Wholesale has partnered with Meat & Livestock Australia (MLA), Australia’s foremost authority in red meat marketing and research, to elevate its meat department staff to global butchery standards. GO Wholesale staff receive hands-on butchery training from MLA experts to meet global meat industry standardsImage Credit: Central Food Wholesale Business This Bangkok…
- [BCPG Powers Ahead with 32 Solar Rooftop Projects in Major Clean Energy Push](https://bangkokbusiness.news/bcpg-powers-ahead-with-32-solar-rooftop-projects-in-major-clean-energy-push/): Bangkok Business PR News: Major Investment Strengthens Green Portfolio BCPG Public Company Limited is charging forward in Thailand’s renewable energy race with a bold expansion in the solar rooftop market. In a major move, the company has officially acquired 32 solar rooftop power projects, boasting a total installed capacity of 17.5 megawatts. The deal, valued at up to 211.6 million baht, underlines BCPG’s commitment to advancing its clean energy portfolio and enhancing its long-term competitiveness in the energy sector. President Ravi Boonsinsuk with his vision towards greener, more sustainable energy practicesImage Credit: BCPG In a deal signed on July 14,…
- [Smart SME Expo 2025 to Unveil Thrilling Franchise and Business Deals](https://bangkokbusiness.news/smart-sme-expo-2025-to-unveil-thrilling-franchise-and-business-deals/): Bangkok Business Events: Thailand’s Top Business Event Returns This August Bangkok’s business landscape is set to ignite as over 250 top-tier franchise and business brands gather for Smart SME Expo 2025, happening from August 7 to 10 at Halls 7–8, IMPACT Muang Thong Thani. This dynamic annual expo promises a powerful mix of opportunity and innovation — drawing investors, retirees, aspiring entrepreneurs, and small business seekers from across the nation. Smart SME Expo 2025Image Credit: Smart SME Expo More than just a trade show, this Bangkok Business Events news report highlights how the Smart SME Expo has evolved into a…
- [Singapore Powerhouses Descend on Bangkok for Business Forum](https://bangkokbusiness.news/singapore-powerhouses-descend-on-bangkok-for-business-forum/): Nikhil Prasad Bangkok Business Events: Regional Momentum Builds in Thai Capital Bangkok is set to host one of Southeast Asia’s most anticipated business gatherings as the Singapore Regional Business Forum (SRBF) makes its highly strategic forum in Thailand. Organized by the Singapore Business Federation (SBF), the upcoming forum will be held at The Ritz Carlton at One Bangkok Hotel in Bangkok on August 19, drawing over 500 senior business leaders, policymakers, and influential stakeholders from across ASEAN, China, and beyond. This Bangkok Business Events report comes at a time when geopolitical and economic rebalancing in Asia demands stronger regional partnerships.…
- [Rising Thai Innovator Khanisorn Meepong Disrupts Home Services](https://bangkokbusiness.news/rising-thai-innovator-khanisorn-meepong-disrupts-home-services/): Bangkok Entrepreneurs: A New Face in Bangkok’s Burgeoning Entrepreneurial Scene In the crowded startup landscape of Southeast Asia, few names are generating as much buzz as Khanisorn Meepong. At just 28 years old, Khanisorn is already making serious waves in the consumer technology sector as the co-founder of 24X, a fast-growing platform that offers on-demand handyman and maintenance services for homes and businesses. What started as a modest digital solution to a common problem has now blossomed into a regional success story. Khanisorn Meepong, the young founder revolutionizing home services in Thailand through his startup 24XImage Credit: 24X This Bangkok…
- [Trailblazing Thai Visionary Rarin Tata Thongma Reshapes Bangkok Business](https://bangkokbusiness.news/trailblazing-thai-visionary-rarin-tata-thongma-reshapes-bangkok-business/): Bangkok Entrepreneurs: Fashion Roots to Multi Sector Powerhouse Rarin “Tata” Thongma has never been one to stay in a single lane. The stylish Thai entrepreneur who first captured the public’s attention with her Audrey ballet shoe collection under her fashion label O&B is now expanding her empire into completely new arenas. Thongma’s initial success came from her unique ability to fuse chic elegance with wearability—launching over 50 pastel tones of her now-iconic flats and redefining the modern Thai woman’s wardrobe in the process. Rarin “Tata” Thongma blends fashion finesse with tech innovation as she leads a new era of Thai…
- [Thai Green Builder Sompop Majiswala Reinventing Urban Design](https://bangkokbusiness.news/thai-green-builder-sompop-majiswala-reinventing-urban-design/): Bangkok Entrepreneurs: Leading the Eco-Conscious Revolution in Thai Construction Bangkok’s skyline continues to evolve, but behind many of the city’s most innovative eco-friendly structures is a visionary who doesn’t just talk sustainability—he builds it. Sompop Majiswala, a Thai architect turned green entrepreneur, has quietly become a driving force in Thailand’s sustainable construction sector. Through his trio of companies—Maxis Products Co., Ltd., Recycoex Co., Ltd., and MAXISWOOD—he is reshaping how Thailand constructs, recycles, and rethinks its use of building materials. Sompop Majiswala leading Thailand’s green shift in constructionImage Credit: Maxis Products Born into the world of design and engineering, Sompop’s background…
- [Itthipat Peeradechapan - Thai Gaming Prodigy Turned Global Snack King](https://bangkokbusiness.news/itthipat-peeradechapan-thai-gaming-prodigy-turned-global-snack-king/): Bangkok Entrepreneurs: From Virtual Victories to Real World Riches In the fast-paced world of Bangkok entrepreneurship, few names resonate with inspiration and hustle like Itthipat Peeradechapan. Often affectionately referred to as “Top Ittipat” by fans and media, this young Thai businessman transformed a childhood passion for online gaming into a global snack empire. Born in 1984, Itthipat’s early journey was far from conventional. While most teenagers were busy with school, he was already earning money by competing in professional online gaming tournaments—his winnings substantial enough to hint at the entrepreneurial fire within. Itthipat Peeradechapan – Thai snack mogulImage Credit: Tao…
- [Bangkok Digital Kingmaker Paul Srivorakul Rising Fast](https://bangkokbusiness.news/bangkok-digital-kingmaker-paul-srivorakul-rising-fast/): Bangkok Entrepreneurs: A Digital Visionary Carving Out Southeast Asia’s Ecommerce Future In the fast-paced world of Southeast Asia’s startup ecosystem, few names shine as brightly as Paul Srivorakul. A seasoned digital entrepreneur and one of the most influential figures in Bangkok’s startup scene, Paul has earned his place among the region’s tech titans. His journey from a U.C. Berkeley graduate with a degree in Anthropology to founding and scaling multimillion-dollar internet ventures stands as an inspirational blueprint for Bangkok’s next generation of innovators. Paul Srivorakul leading Bangkok’s digital growth through aCommerceImage Credit: aCommerce At the heart of his legacy is…
- [Viral Thai Business Maven Shannon Kalayanamitr Making Waves](https://bangkokbusiness.news/viral-thai-business-maven-shannon-kalayanamitr-making-waves/): Bangkok Entrepreneurs: Trailblazing Through E Commerce and Beyond Shannon Kalayanamitr, known simply as Shannon, has carved a reputation as one of Thailand’s most dynamic entrepreneurs. From spearheading Lazada Thailand’s launch to co-founding Orami—Southeast Asia’s leading female focused e commerce platform—her trajectory reads like a blueprint for transformative leadership. As the former Group Chief Marketing Officer of Orami (formerly MOXY), she helped the business scale to US$50 million in revenue and commanding investment rounds totalling US$50 million. Now, as Founder & CEO of Ikigai Group, she’s on a mission to accelerate 21st century entrepreneurship across the region. Shannon Kalayanamitr continues to redefine Thai…

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