The Latest Breaking News from Thailand

Thailand's economy is expected to grow 3.5% this year, down from an earlier projection of 4.0%, Prime Minister Prayut Chan-o-cha said on Tuesday, noting how the Russia-Ukraine war could slow the economies of the country's trading partners.

Thailand's exports are expected to rise by at least 5% this year after a strong first quarter and with support from a weaker baht, Thai National Shippers’ Council said on Tuesday.

Following Jim Thompson Art Center's Cold War exhibition series "Shadow Dancing: Where Can We Find a Silver Lining In Challenging Times?" is a second chapter, which depicts the socio-political, economic and cultural scenario of Taiwan and Thailand in the post-World War II period.

Bangkok's condo market revived in the first quarter, with newly launched supply and the sales rate soaring to the highest level in several quarters, according to property consultant Colliers Thailand.

The government's plan to harness "soft power" to propel Thailand into becoming a leading country of the world may sound impressive.

Thailand's battered hotel sector is showing increased signs of fatigue as the global pandemic enters its third year. Nowhere is this more apparent than in Phuket, where over 73% of new hotel developments either lie dormant or have been put in hold, according to the Phuket-based consultancy C9 Hotelworks.

Shake Shack Inc (NYSE:SHAK) plans to expand in Southeast Asia through a partnership with Maxim's Caterers Limited. The company plans to launch fifteen Shacks in Thailand by 2032, with the first one to open in 2023 in Bangkok. The menu in Thailand will feature signature items, including the ShackBurger, Chicken Shack, and Chicken…

Analysts at J.P. Morgan downgraded Thailand's equities rating on Monday, citing the slow pace of recovery in the tourism industry due to rising inflation and a surge in Covid-19 cases in China.

The leaders of Japan and Thailand announced a new defence agreement on Monday as well as plans to upgrade their economic relations, as Japanese Prime Minister Fumio Kishida wrapped up the last leg of a three-nation tour of Southeast Asia.