Big clean-up begins in Phuket after floods and mudslides
European protests could raise costs for Thai exporters
Thai government offers 60 billion baht in savings bonds to the public
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Thai government offers 60 billion baht in savings bonds to the public
13 Sept 06:26Key points summarised by AI
The Thai government will offer 60 billion baht in "Sukjai Hai Om" savings bonds to the public, with subscriptions beginning December 7th.
Bonds are available with 3-year and 7-year maturity periods, both featuring a fixed 3% annual interest rate, paid quarterly.
Individuals over 15 can subscribe via the "Sor Bor Mor Wallet" app or through Krung Thai, Bangkok, Kasikorn, and Siam Commercial banks, with investment amounts ranging from 100 to 20 million baht.
A 5 billion baht portion of 10-year bonds, carrying a 2.9% interest rate, is reserved for non-profit legal entities starting December 19th.
European protests could raise costs for Thai exporters
25 Oct 17:46Key points summarised by AI
The Commerce Ministry warns that ongoing protests across six European countries, driven by cost-of-living concerns, could weaken consumer purchasing power, disrupt logistics, and elevate costs for Thai exporters.
Thai exporters are advised to closely monitor developments, explore alternative markets (ASEAN, South Asia, Middle East), and adjust shipping routes to reduce dependence on Europe and mitigate potential risks.