The Latest Breaking News from Thailand

Business deals between Thai firms and Saudi counterparts are expected to flourish after the two parties yesterday signed a memorandum of understanding (MoU) to establish the Thai-Saudi Business Council.

The cabinet yesterday approved a draft memorandum of understanding (MoU) to set up a Joint Trade Committee (JTC) between Thailand and Mongolia, aiming to expand bilateral trade to US$100 million in 2027.

Bata Thailand, the local arm of a global footwear company, has resumed its business plan to tap into Thailand's recovering 83-billion-baht footwear market.

The start of operations at European textile giant Lenzing’s recent opening of the world’s largest production plant for the eco-friendly fibre lyocell exemplifies Thailand’s status as a hub for green and sustainable investments, according to an article pub-lished on the Thailand Board of Investment (BOI) website.

The 2023 World Dragon Boat Racing Championships could be moved from Hong Kong because the sport's global federation is concerned about the city keeping its Covid-19 quarantine requirements in place, according to a Hong Kong lawmaker.

Thailand aims to generate 400 billion baht ($11 billion) in tourism revenue in the second half of the year, the government said on Tuesday, as the tropical holiday destination welcomes back more visitors after pandemic-induced border controls.

Defending champions Thailand will face last year's runners-up Indonesia in the group phase of the Asean Football Federation Championship after the draw was made on Tuesday.

The Saudi Minister of Commerce, Majid al-Qasabi, discussed on Sunday in Riyadh with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit the ways to strengthen fraternal ties between the two countries at the governmental and private levels. The two officials discussed the possibility of signing a free…

Saudi Arabia and Thailand signed in Riyadh on Monday five commercial agreements and established the Saudi-Thai Business Forum. Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit confirmed that the two countries would advance towards the most comprehensive cooperative scope, covering all vital sectors. Laksanawisit addressed the Saudi-Thai Business Council…

The government expects to net about 400 billion baht from a surge in foreign tourist arrivals in the second half as leisure travellers return to the country following the easing of most Covid curbs.

Thailand’s leading arranger of initial public offerings since 2021 is targeting companies from neighbouring Vietnam and Cambodia for listing on the Bangkok bourse to counter a slump in domestic stock sales, though nationalism is one obstacle.