Phuket’s Used Property Market Surges, Outpacing New Developments
Phuket has long been a hotspot for high-end property development, especially luxury villas aimed at overseas buyers from Russia and China. This demand drove rapid growth, with many villas selling…
Thailand’s Health Tourism Rises to THB 670 Billion, Boosting Wellness Sector
Thailand’s health tourism sector, valued at THB 670 billion in 2025, is a key focus for global wellness recognition. The industry includes over 92,813 operators, with THB 220 billion from…
Interior Ministry to Decide Future of Green Line as BTS Concession Approaches Expiry
The 30-year concession for the BTS Green Line, operated by BTSC, expires in 2029, after which assets transfer to the Bangkok Metropolitan Administration (BMA). The BMA is studying a new…
Musk First to Reach $500B Net Worth, Forbes Reports
Elon Musk became the first individual to amass a net worth of approximately US$500 billion on Wednesday, driven by a rebound in Tesla shares and increased valuations for his private…
IMF: Dollar’s Share in Global Reserves Drops to 30-Year Low
According to the IMF, the US dollar’s share in global reserves has declined to its lowest point in nearly 30 years. In Q2, the dollar’s reserve share dropped 1.5% from…
Phiphat Opposes Pay-As-You-Build, Raises Doubts Over High-Speed Rail Contract
Transport Minister Phiphat Ratchakitprakarn has rejected a proposed contract amendment for the high-speed rail project connecting Don Mueang, Suvarnabhumi, and U-Tapao airports. The amendment aimed to change the payment structure…
Are Affordable Chinese Imports Jeopardizing Thailand’s Economy?
Cheap Chinese imports have significantly impacted Thailand, leading to factory closures, declining industrial output, and weakened sectors like manufacturing, e-commerce, and electric vehicles. In 2023 alone, nearly 2,000 factories shut…
Thai Property Leaders Urge Government to Take Action
Thai property sector leaders called on the government to adopt a holistic approach to sustainability, balancing environmental, social, and economic factors. During the “Green Living, Smart City” forum in Bangkok,…