December exports rise 4.7%, year on year but less than forecasted
Customs-based exports in Thailand continued to rise for the fifth consecutive month in December, showing a 4.7% increase compared to the same period the previous year, according to the Commerce…
Foreign firms selling Baht Denominated bonds are facing stricter rules
The Securities and Exchange Commission (SEC) in Thailand has opened up a public consultation period to gather feedback on proposed amendments and draft regulations related to the sale of newly…
New business registrations at a 10 year high
In 2023, Thailand experienced a significant increase in new business registrations, reaching over 85,000 and with a total capital of 560 billion baht. This surge in registrations can be attributed…
Thailand consumer outlook for 2024
According to our analysis, consumer spending in Thailand is expected to grow by 4.8% in 2024. This positive outlook is based on the recovery of the wider Thai economy and…
Lazada Thailand plans to replace its chief
Lazada Thailand is reportedly preparing to replace its chief executive, according to an anonymous source familiar with the matter. The current CEO, Werapong Goo, is said to be leaving the…
Thailand approves second phase of EV subsidies for 2024 and 2027
Thailand aims for Zero Emission Vehicles (ZEVs) to make up 30% of total vehicle production by 2030 (725,000 cars, 675,000 motorcycles). The EV Board approved EV 3.5, a 4-year package…
Apple finally steps out from the shadow of Samsung to gain number one spot after 14 years
Apple is now the number one smart phone seller globally, beating Samsung for the first time since 2010. This shift in power comes as Apple reached an all-time high market…
SET bets on returns for foreigners
According to the Stock Exchange of Thailand (SET), the return on investment in the Thai stock market is expected to recover this year, aligning with regional peers as foreign capital…
Financial markets predictions for 2024
In 2023, central banks faced challenges with inflation, leading to a series of interest rate increases. As a result, global inflation has dropped from around 10% in mid-2022 to below…
Thai consumer confidence reached a 46 month high
In December, Thai consumer confidence reached its highest level in 46 months, as reported in a survey conducted by the University of the Thai Chamber of Commerce (UTCC). The increase…