AGP Executive Report
Last update: 3 hours agoFlood Risk: Heavy rain and flood threats are expected across Thailand through Oct. 25. The government has paid B5.2 billion in relief and is seeking another B10.5 billion. Land Ownership: Prime Minister Anutin ordered a nationwide crackdown on nominee-held property, targeting about US$420 million in land, with investigations due by December and forced sales possible. Household Costs: Fuel prices rise B0.60 per litre from Oct. 21, while the government approved a B58.9 billion rice support and production reform plan as exports fall. Cambodia Relations: Thailand and Cambodia agreed on confidence-building steps in maritime talks, including avoiding threats, restoring diplomatic representation and honoring existing agreements. Business & Technology: Bitget agreed to acquire a licensed Thai crypto exchange, subject to regulatory approval. Toyota plans to start building hydrogen-powered Hilux pickups in Thailand in December 2027, initially for export. Tourism: Virgin Atlantic has launched its first Thailand route, flying between London and Phuket, as foreign arrivals remain down 4.12% year to date.
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