Thailand’s Economy Weakens in June (Bank of Thailand)
In June, Thailand’s economic momentum softened compared to the previous month, reflecting declines across multiple sectors including merchandise exports, manufacturing output, and tourism activities. The slowdown is attributable to ongoing…
Regional Competition and Domestic Resilience Shape Thailand’s Tourism in 2025
Thailand’s foreign tourist arrivals dropped 6% in the first seven months of 2025, totaling 19.29 million visitors, with a 4.22% decline in tourism revenue to 895.16 billion baht. Competition from…
Analyzing the Trade-offs in Tariff Structures
The announcement of a 19% reciprocal tariff by the US on Thai goods presents both challenges and opportunities for Thailand’s economy. While this rate aligns with regional averages, it also…
Experts anticipate additional interest rate reductions later this year
The Bank of Thailand (BoT) may have multiple opportunities to cut interest rates this year to support the economy, particularly if US tariffs on Thai goods remain less competitive compared…
Trump sets 19% tariff on Thailand, Cambodia after peace deal
Photo Credit: Reuters The United States has imposed a 19% tariff on imports from Thailand and Cambodia, down from the initial 36% rate threatened earlier this month. This adjustment follows…
Thai Advertising Spending Growth Forecast Reduced
Thailand’s advertising and marketing expenditure for 2025 is projected to grow by just 1.5%, reaching 87 billion baht, according to digital media agency Media Intelligence Group (MI). This is a…
Lower Electricity Bills Expected in the Near Future
Photo Credit: Varuth Hirunyatheb Electricity bills are expected to become slightly cheaper over the final four months of 2025, as authorities have agreed to cut the power tariff by 0.03…
Thailand Plans to Phase Out 2G and 3G Networks by 2026
The National Broadcasting and Telecommunications Commission (NBTC) has instructed Advanced Info Service (AIS) and True Corporation to develop detailed plans to phase out their 2G and 3G mobile networks by…
Thailand Requests China Slot Waiver Amid Market Downturn
The Civil Aviation Authority of Thailand (CAAT) is requesting a one-year slot waiver from China amid a decline in Chinese tourist arrivals. ACM Manat Chavanaprayoon, CAAT’s director-general, stated that discussions…
PTTEP of Thailand Takes Complete Ownership of Offshore Gas Block
Photo Credit: PTTEP Thailand’s PTT Exploration and Production (PTTEP) has completed a $450 million acquisition, gaining full control of an offshore oil block in the Gulf of Thailand through a…