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Gold’s downward price trend is over

Bullion has finished its downward trend, supporting the price to reach US$5,500 per ounce or 90,000 baht per baht weight for local gold bars by the end of the year, says Kritcharat Hirunyasiri, chairman of MTS Gold, one of Thailand’s top three gold traders.

Loan decree faces pushback

The future of the government’s 400-billion-baht emergency loan decree remains uncertain after opposition parties on Monday submitted a petition asking the House Speaker to forward the matter to the Constitutional Court for a ruling.

Land Bridge faces uphill battle

The Land Bridge project was initially promoted under the Pheu Thai government led by former prime minister Srettha Thavisin as both a bold geopolitical vision and a new national economic strategy aimed at helping Thailand escape the middle-income trap.

PM eyes mafia tactic in Phuket

Phuket: Prime Minister Anutin Charnvirakul has vowed zero tolerance for mafia-style intimidation in this southern resort province after receiving complaints from residents and businesses about harassment by criminal gangs and influential groups linked to encroachment on public land along Bang Tao beach.

EM ‘mandatory’ for Thaksin throughout parole period

Former prime minister Thaksin Shinawatra will be required to wear an electronic monitoring (EM) bracelet during his parole period until Sept 9, after a Justice Ministry subcommittee reaffirmed on Sunday there were no grounds to revise the order.