The Latest Breaking News from Thailand

In this post-Covid era, Foreign Direct Investment (FDI) into Thailand has been on the rise, with FDI inflows and applications for investment promotions increasing 36% from the previous year (approximately $13 billion). Accordingly, Thailand's gross domestic product (GDP) is expected to increase from 2.6% in 2022, to a projected high…

Thailand is likely to miss its goal of hosting 30 million foreign tourists amid fewer-than-expected visitors from China, according to RHB Banj Bhd.

The flow of Russian tourists started to slow before the mutiny in Moscow last weekend, but more long-stay travellers might flock to Thailand if the political tension escalates, according to the Association of Thai Travel Agents (Atta).

Thailand's financial and treasury fiscal fundamentals remained solid in the first eight months of fiscal 2023, with revenue collection exceeding the government's target by up to 122 billion baht.

French and German businesses are showing an interest in investing in the electric vehicle (EV) industry in Thailand, following a recent investment promotion roadshow held in the two European nations, says the Board of Investment (BoI).

Uncertainty in Russia and loan defaults in China's property sector must be closely watched because they could drag down the Stock Exchange of Thailand (SET) index, which remains under 1,500 points, say analysts.

Shop Global (Thailand) Co, a TV shopping company under Saha Group, is venturing into live commerce to strengthen its business and achieve long-term sustainable growth.

Minor International Plc (Mint), an operator in the hospitality, restaurant and lifestyle sector, on Tuesday announced it would acquire a 100% stake in Singco Trading Pte, the intellectual property holder of the restaurant brand Sizzler, except in the US, Guatemala and Puerto Rico.

The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.