Thailand’s SET Index closed at 1,206.58 points, increased 8.47 points or 0.71% with a trading value of THB 53.77 billion. The analyst stated that the Thai market exhibited an upward trend following a surging influx of foreign capital. This was due to the SET Index’s relatively low valuation and its underperformance propelling the growth momentum.
For next week, the analyst recommends investors closely monitor the U.S.-Thai trade talks after “Team Thailand” offers new proposals, and the appointment of the new Bank of Thailand governor, as well as potential new stimulus measures from China.
The crypto market celebrated as one of the stablecoin bills, the “GENIUS Act,” passed the Congress with 308-122 votes in support of the legislation. The bill is now being presented to President Donald Trump to sign it into law.
Thai tourists travelling to the U.S. could be paying more than twice of what the current visa fee is as Washington eyes to raise funding from nonimmigrant visas.
The newly enacted law, known as the One Big Beautiful Bill Act and signed on July 4, introduces an additional $250 “visa integrity fee” for most non-U.S. citizens requiring a nonimmigrant visa for entry.
The U.S. Commerce Department announced preliminary anti-dumping duties of 93.5% on anode-grade graphite imported from China, following findings that these critical materials—vital for electric vehicle (EV) batteries—are being sold in the American market below fair value.
