Central Bank Chief Criticizes Surge of Chinese Imports
The influx of Chinese goods has had a substantial impact on Thailand’s manufacturing growth and has constrained loan expansion in the banking sector, according to the Governor of the Bank…
Finance Minister Proposes Tax Modifications
Finance Minister Pichai Chunhavajira has proposed increasing the value-added tax (VAT) while simultaneously reducing corporate and personal income tax rates. This initiative aims to bolster state revenue, promote national development,…
Exports Projected to Increase by 4% This Year, with Rice Exports Rising by 16.6%
Thailand’s exports are projected to grow by 4% this year, an increase from the previously estimated 2% growth, with a further rise expected of 1% to 3% in 2025, according…
Intensifying Competition in Bangkok’s Office Market
Bangkok’s office market faces the challenge of balancing an increasing supply of 1.1 million square meters of leasable space with evolving tenant demands, leading to heightened competition among landlords in…
UTA Seeks EEC Flexibility Amid High-Speed Railway Delays Impacting U-Tapao Airport Expansion Plans
The delay in the construction of the high-speed railway connecting three airports has prompted U-Tapao International Aviation Company (UTA) to prepare for negotiations with the Eastern Economic Corridor (EEC) to…
Rama 2 bridge to be fixed within 2 weeks
The outbound lanes on Rama II Road in Samut Sakhon will be re-opened to traffic within 14 days after work to clear the site of Friday’s crane collapse is finished,…
Local Bitcoin Investments Achieve 30% Return on Funds
Two Thai Bitcoin mutual funds have reported impressive returns of up to 30% since their launches in June, capitalizing on growing investor demand as Bitcoin prices near $100,000 following Donald…
Online Gambling Platforms Attract More Than 4 Million Young Thais
More than four million young people in Thailand have become involved in online gambling, raising concerns about the potential for addiction and its associated health risks, experts warn. This caution…
Thailand Signs First Free Trade Agreement with European Trade Bloc
Thailand and the European Free Trade Association (EFTA) are set to finalize a free trade agreement (FTA) in January next year, aimed at enhancing export opportunities and attracting more European…
Construction of Rama II Motorway Temporarily Halted Following Fatal Crane Collapse
Transport Minister Suriya Jungrungreangkit has announced a two-week suspension of work on a city motorway following a crane collapse on Rama II Road that resulted in six fatalities and nine…