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Market Roundup 20 December 2024: Thailand’s SET Index fell 0.90% to 1,365.07 - Thailand Business News
Thailand’s SET Index fell 0.90% to 1,365.07 due to energy and banking pressures. Anticipated market rebound amid oversold conditions and stimulus hopes. Global economic developments also influence market sentiment.
China's Housing Rescue Proves Insufficient in the City That Foreshadowed the Crisis - Thailand Business News
China's property slump worsens as falling prices persist, particularly in the city that has implemented numerous measures to stabilize the market, highlighting the government's struggle to address the crisis.
Bank of Thailand Keeps Interest Rate Unchanged, Defying Government Pressure - Thailand Business News
Bank of Thailand Interest RateThe Bank of Thailand has decided to maintain its benchmark interest rate at 2.25%, defying government calls for monetary easing. This decision reflects the central bank's confidence in the current economic trajectory, balancing concerns over inflationary pressures with the need to support growth.
China's Housing Rescue Proves Insufficient in the City That Foreshadowed the Crisis - Thailand Business News
China's property slump worsens as falling prices persist, particularly in the city that has implemented numerous measures to stabilize the market, highlighting the government's struggle to address the crisis.
SEC encourages SABUY bondholders to actively participate in the upcoming bondholders’ meeting - Thailand Business News
SEC urges bondholders to study information, exercise rights at upcoming meeting for SABUY bonds. Meetings failed to achieve quorum, reconvening on 20 December to consider maturity extension and interest rate reduction.
How is Southeast Asia emerging as a global leader in the AI industry? - Thailand Business News
In recent years, the artificial intelligence industry in Southeast Asia has experienced rapid growth. This expansion is fueled by heightened investment, government backing, and rising demand for AI-driven solutions in sectors like healthcare, finance, and e-commerce.
Apple’s $1 Billion Investment in Indonesia: Navigating Local Compliance and Driving Market Expansion - Thailand Business News
Apple plans a $1 billion investment in Indonesia to comply with the 40% local content requirement, following the iPhone 16 sales ban. This strategic move reinforces Apple's Southeast Asia presence.
Thailand's BOI Approves Foxsemicon's 10.5 Billion Baht Investment in the Semiconductor Industry - Thailand Business News
The Thailand Board of Investment (BOI) has approved a 10.5 billion baht investment by a unit of Foxsemicon Integrated Technology Inc. to build a factory producing high-precision machinery parts and equipment for the semiconductor industry.
The genetic conservation of Thailand's mangrove ecosystems - Thailand Business News
Thailand's mangroves face threats from climate change, pollution, and habitat loss. Genomic conservation aims to protect their biodiversity through modern techniques like DNA sequencing, enhancing resilience against environmental stressors.
Thailand Experiences 20% Decline in Low-Quality Chinese Imports, According to Officials - Thailand Business News
Thailand's low-quality imports, primarily from China, have dropped 20% due to stricter regulations and taxes. However, some businesses still struggle, facing significant sales declines amid ongoing competition.
Thailand Plans Tax Reforms to Boost Investment and Promote Economic Equity - Thailand Business News
Pichai highlighted that VAT increases could help reduce economic inequality while modernizing Thailand's tax system. Studies are underway to assess proposed reforms and ensure balanced revenue and growth.
Thai Stock Exchange unveils a 3-year strategic plan (2025-2027) aimed at enhancing opportunities for the public - Thailand Business News
The Stock Exchange is implementing a three-year plan (2025-2027) aimed at creating equitable and comprehensive opportunities for the public to access investment and fundraising.