TODAY NEWS
Banks to cut rates by 25 bps for 'vulnerable groups'
Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai bankers' association said on Thursday, responding to a government request to help small businesses.

Sentenced drug defendant escapes from court
KHON KAEN: Police were hunting down a convicted defendant in a drug case who escaped while being taken to a prison vehicle at the provincial court on Wednesday night.

Car production down 23.1% y/y in March
Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.

TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere'
WASHINGTON: TikTok's chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban its popular short video app used by 170 million Americans.

Office demand turns negative in 1st quarter
The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.

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