Thailand Financial News

Subscribe to enjoy similar stories. WASHINGTON—The State Department will indefinitely pause immigrant visa processing for 75 countries as part of the Trump administration’s ongoing effort to block low-income foreigners from immigrating to the U.S. The pause takes effect starting Jan.

₹8,000 crore, with assets surpassing ₹9,000 crore across 55 plants across India, Thailand, Indonesia, Malaysia, the Philippines, and Egypt.Often seen in impeccably tailored suits, he possessed a quiet, scholarly gravitas, though his interests spanned flying and painting. In his definitive biography of Birla, author Minhaz Merchant captures the essence of a man who managed to be both a “soft-spoken, sensitive individual” and a “hard-driving, visionary industrialist”.This refinement was anchored by a fierce sense of national pride.

₹580 crore to the sponsorship, spread over two and a half years. “This impact is likely to reflect in financials from Q3 onwards,” Motilal Oswal’s analysts noted.Apollo’s consolidated Ebitda margin in the September quarter (Q2FY26) had risen 130 basis points (bps) year-on-year to 14.9%, the highest in the past six quarters, having declined about 110 bps to 13.2% in Q1.

A sharp rise in exports in November, aided by a low base, helped pull India sharply ahead of other emerging market (EM) peers, as shown by the latest Mint's Emerging Market Tracker, even as the rupee and stock market performance remained weak. India, with a composite score of 71, was way ahead in the race.

Renewed hostilities between Thailand and Cambodia are a wake-up call for Southeast Asia about the costs of letting historical border disputes fester. The century-old conflict, rooted in colonial-era cartography, is flaring at a time when the region is already straining from US President Donald Trump’s trade war and intensifying rivalry between the US and China.Fighting erupted last week along their shared frontier and so far has killed at least 11 people.

Subscribe to enjoy similar stories. New Delhi: Indian shrimp exporters are increasingly shifting focus toward value-addition as global demand trends evolve and competition intensifies. With traditional frozen raw shrimp markets facing price pressure and stricter quality norms, exporters are broadening their product portfolios to include ready-to-cook (RTC) and ready-to-eat (RTE) shrimp offerings.

Humanity’s future lies in some of the most vulnerable spots on the planet. We’ve seen that in stark relief of late. A United Nations report last month concluded that the world’s population is increasingly crowded into a group of often low-lying, middle-income megacities in Asia and Africa.Jakarta and Dhaka dethroned Tokyo’s long-held status as the world’s biggest city, with 42 million, 37 million and 33 million people respectively.

Indian toy industry is ready to take advantage of the high tariffs imposed by the US on competitors such as China and Vietnam, and the domestic players have already begun work on expanding capacity and forming joint ventures with global firms, exporters said on Sunday. They added that India has emerged as a winner in the recent US tariff hikes, as the exporters are better positioned to absorb the impact compared to competitor countries that are facing higher import duties in America. While the US has imposed an additional 26 per cent import duty on India, its competitor Vietnam is facing 46 per cent tariff, Bangladesh 37 per cent, China 54 per cent, Indonesia 32 per cent, and Thailand 36 per cent. «Huge opportunities are there for our exporters now. Vietnam's exports are about USD 6 billion and China's are USD 80 billion. Now their items will face higher duties in the US than that of Indian toys. All big toy firms are exploring opportunities to set up plants in India,» the CEO of Playgro Toys India, Manu Gupta, said. India's toy exports are hovering in the range of USD 326 million to USD 348 million for the last three years, according to the industry. He said that early conclusion of a bilateral trade agreement with the US will also help Indian toy players to increase shipments.

Vietnam’s Tourism Advisory Board (TAB) has proposed a long-term visa program to the government to maintain its lead in Southeast Asia’s fast-evolving travel market. The recommendations, submitted to Prime Minister Pham Minh Chinh, include a “golden visa” valid for five to ten years to compete with Thailand, Malaysia, and Indonesia—countries that already offer such schemes to long-stay travellers, Báo Văn Hóa reported. The proposal comes at a time when Vietnam has regained 98% of its pre-pandemic tourism levels, making it the fastest-recovering destination in the region. In 2024, the country welcomed 17.5 million international visitors, overtaking Singapore and trailing only Malaysia and Thailand. The advisory board also suggested introducing a 10-year investor visa with the possibility of permanent residency after five years, and a five-year talent visa with a simplified renewal process, as reported by Thanh Nien newspaper. These programs could be piloted in key tourism hubs like Phu Quoc, Ho Chi Minh City, Hanoi, and Da Nang.

Thailand declined to an over three-year low this week due to U.S. President Donald Trump's move to impose import tariffs and an existing market surplus, while India's export prices neared a two-year low on subdued demand. A flat 26% tariff was imposed on all goods being exported by India to the U.S., while Thailand's exports to the U.S. will attract 36%, Bangladesh 37% and Vietnam 46%. Thailand's 5% broken rice fell to $395-$400 per metric ton, its lowest since January 2022.

Subscribe to enjoy similar stories. New Delhi: India will refrain from taking retaliatory action against the US’ reciprocal tariffs or making sharp public responses against Washington, keeping trade diplomacy at the centre of its strategy, a senior government official said. As a global tariff war unfolds in response to US President Donald Trump’s additional tariffs on more than 60 nations, India is taking a calm and measured approach, positioning itself as a balanced negotiator, the official said.

KP Sharma Oli has said the meeting with Indian Prime Minister Narendra Modi on the sidelines of the BIMSTEC Summit in Thailand's Bangkok was «fruitful and progressive.» Addressing a press conference after landing back in Kathmandu on Saturday afternoon, the Nepali Prime Minister said that a commitment has been established between the two counterparts to take the relationship to newer heights. «We (both the Prime Ministers) have made the commitment that the Nepal-India relation will be taken to new heights, further deepening it, covering wider aspects and solve the problems that arise over the time. It is common that neighbours will encounter problems and it is resolved through dialogue, we both are convinced about it. The meeting went very well and I am very happy and consider it as fruitful for both the countries. While talking about him (Indian Prime Minister), I also understand that he is happy with the meeting, which I decode from the talks with him,» Oli said in the press briefing at the VVIP lounge of Tribhuvan International Airport.

In 2024, at the India-ASEAN Summit, Modi gifted a vintage brass Buddha statue to Laos President Thongloun Sisoulith, symbolizing shared heritage and India’s commitment to cultural diplomacy. In the same year, India sent several sacred relics of Lord Buddha and his disciples to Thailand. The relics of Lord Buddha and his disciples, Arahant Sariputta and Arahant Maha Moggallana, were taken to Bangkok by an Indian delegation and displayed for 25 days in four cities of Thailand . In 2023, PM Modi and Japanese Prime Minister Fumio Kishida visited the Bal Bodhi Tree at Buddha Jayanti Park in Delhi, reinforcing the deep-rooted Buddhism ties between India and Japan. India also hosted the first-ever Global Buddhist Summit, bringing together scholars and practitioners to discuss contemporary challenges through the lens of Buddhist philosophy, where Modi stressed that Buddha’s teachings provide solutions to global issues. In 2022, PM Modi visited Lumbini, Nepal, on Buddha Purnima and laid the foundation stone for the India International Centre for Buddhist Culture and Heritage, a landmark project promoting Buddhist culture and strengthening Indo-Nepal spiritual ties.

Vietnam, Thailand and Cambodia have for years worked to turn themselves into alternatives to China for factories making the bags, electronics, shoes and auto parts that eventually end up in the United States. Now, they will face some of the most punishing tariffs. All three countries have said in recent days that they’re open to negotiations over the “reciprocal tariffs” Trump announced this week, while Singapore, a finance and trade hub, has said that it doesn’t plan to strike back. The offers come as nations worldwide weigh how to respond to Trump’s decision to slap tariffs from 10% to as high as 50% on every country. Since his announcement, trillions of dollars in market value have been wiped out globally and triggered widespread recession alarms. Southeast Asia’s offers to negotiate contrast with China’s immediate retaliation, while the European Union is preparing its own countermeasures if talks fail. Trump and Vietnam's leader To Lam have agreed to discuss a deal to remove tariffs, both leaders said after a phone call that Trump said was «very productive», as Hanoi has escalated its campaign to dodge duties of 46%.

Sri Lankan President Anura Kumara Dissanayake greeted him at the venue, marking the start of a packed diplomatic schedule. Earlier in the day, PM Modi was warmly welcomed at his hotel, where he was seen shaking hands with members of the Indian diaspora and witnessing a puppet show performed in his honour. The vibrant reception reflected the strong cultural and people-to-people ties between the two countries. PM Modi's arrival in Colombo came after his visit to Thailand, where he held a bilateral meeting with Thai Prime Minister Paetongtarn Shinawatra and attended the BIMSTEC Summit. On the sidelines, he engaged in further bilateral discussions, laying the groundwork for this leg of his regional outreach. Despite rainy weather, six senior Sri Lankan ministers personally received PM Modi at the airport. The delegation included Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath; Minister of Health and Mass Media Nalinda Jayatissa; Minister of Labour Anil Jayantha; Minister of Fisheries Ramalingam Chandrasekar; Minister of Women and Child Affairs Saroja Savithri Paulraj; and Minister of Science and Technology Chrishantha Abeysena.

death toll from Myanmar's devastating earthquake climbed to 3,354, with 4,850 injured and 220 missing, state media said on Saturday, as the visiting U.N. aid chief praised humanitarian and community groups for leading the aid response. The leader of the military government, Senior General Min Aung Hlaing, was back in the capital Naypyitaw after a rare foreign trip to attend a summit in Bangkok of South and Southeast Asian nations, where he also met separately with the leaders of Thailand, Nepal, Bhutan, Sri Lanka and India. Min Aung Hlaing reaffirmed to Indian Prime Minister Narendra Modi the junta's plans to hold «free and fair» elections in December, Myanmar state media said. Modi called for a post-quake ceasefire in Myanmar's civil war to be made permanent, and said the elections needed to be «inclusive and credible», an Indian foreign affairs spokesperson said on Friday. Critics have derided the planned election as a sham to keep the generals in power through proxies.

Indian equities were swamped by a wave of selling that swept riskier assets globally on Friday, tracking Wall Street's overnight slump-the worst since 2020-in response to US President Donald Trump's reciprocal tariff regime that has led to fears about a global downturn. NSE Nifty fell 1.5%, or 345.65 points, to finish at 22,904.45. BSE Sensex dropped 1.2%, or 930.67 points, to 75,364.69. The slump wiped out ₹10 lakh crore in market value Friday.

Subscribe to enjoy similar stories. New Delhi: In the immediate aftermath of the new US tariffs, India’s response has been twofold: to seek new opportunities in the changing world order, and re-evaluate its manufacturing strategy.

husband who was married on May 11, 2003 experienced a very challenging time in his life when his wife persistently harassed and threatened him with suicide for about 15 years. The irony is he had supported his wife to get an MSC degree from the New York Institute of Technology, U.S.A. The mental health of this now middle-aged husband broke down to such a degree, that he resigned from his job at TCS (Tata Consultancy Employee) and chose to stay at home. The reason for his resignation, as written by him to the company’s HR was constant and repeated harassment, suicidal threats and physical cruelty performed by his wife.

Subscribe to enjoy similar stories. US President Donald Trump is showing America’s trading partners no mercy. If they export a lot to the US, it will tariff them back—by half.

reciprocal tariffs for India to 26% from 27% announced a day before. Revisions have been made for atleast 14 countries including South Korea, Norway, South Africa and Thailand. As per a White House document, India’s reciprocal tariff was originally listed at 27%, as against the 26% that US president Donald Trump had shown during the announcement on April 2. However, the latest annex document shows that the tariffs have been revised down to 26%. The US’ trading partners will be subject to a global 10% tariff on April 5, after which only the countries listed in the annex would have their rates elevated to the revised numbers. Around 60 countries have been slapped with reciprocal tariffs. The measures announced by the US could lead to an overall contraction of around 1% in global merchandise trade volumes this year, the World Trade Organization (WTO) said Thursday.