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Home/Economy

Economy

Breaking business and financial news from Thailand and global markets — trade, investment, banking, real estate, and economic policy.

Kingdom Holds Rate at 1% as Growth Splits in Two

Kingdom Holds Rate at 1% as Growth Splits in Two

5 days ago

Top Stories in Economy

16 stories
Kingdom's Q2 Growth Eases to 1.9% as Exports Surge

Kingdom's Q2 Growth Eases to 1.9% as Exports Surge

Thailand's economy grew 1.9% in the second quarter of 2026, slowing from 2.8% in Q1, as strong exports and investment offset softer consumer spending; the government raised its full-year growth outlook to 2.0-2.5%.

8 days ago

Kingdom Prepares Vehicle Tax Overhaul to Reward Local Car Production

Kingdom Prepares Vehicle Tax Overhaul to Reward Local Car Production

Thailand's Finance Ministry plans to finalise new excise tax rules by September, offering lower rates to carmakers with local factories while raising taxes on fully imported vehicles, as Toyota, Honda and Mitsubishi press for policy changes.

11 days ago

Kingdom's Economic Growth Slows to 1.9% in Second Quarter

Kingdom's Economic Growth Slows to 1.9% in Second Quarter

Thailand's economy expanded 1.9 percent year-on-year in the second quarter of 2026, slowing from 2.8 percent in the first quarter, though officials raised the full-year growth outlook to between 2.0 and 2.5 percent.

13 days ago

Koh Samui Raid Uncovers 60 Illegal Nominee Firms

Koh Samui Raid Uncovers 60 Illegal Nominee Firms

More than 300 police and officials raided Koh Samui, uncovering 60 illegal nominee businesses worth an estimated 1.2 billion baht and arresting 14 foreigners, in the seventh phase of a wider nationwide crackdown.

14 days ago

Finance Ministry to Cut Excise Tax for Locally Built Cars

Finance Ministry to Cut Excise Tax for Locally Built Cars

The Finance Ministry plans to lower excise tax rates for vehicles built domestically while raising them for fully imported models, aiming to keep automakers investing in the kingdom.

15 days ago

Thailand Sets 12-Year Roadmap to Reach High-Income Status

Thailand Sets 12-Year Roadmap to Reach High-Income Status

Deputy Prime Minister Ekniti Nitithanprapas has outlined a 12-to-15-year plan to push Thailand into high-income status, targeting GDP growth above 3% and a jump into the world's top 20 most competitive economies.

19 days ago

Thailand Stimulus Scheme Drives 86 Billion Baht in Spending

Thailand Stimulus Scheme Drives 86 Billion Baht in Spending

Thailand's "Thais Help Thais Plus" co-payment scheme has generated more than 86 billion baht in spending in its first two months, with millions of participants and merchants taking part nationwide.

22 days ago

Thailand Attracts $26.8 Billion in Chip and Electronics Investment Bids

Thailand Attracts $26.8 Billion in Chip and Electronics Investment Bids

Thailand has drawn more than $26.8 billion in investment applications for semiconductor and advanced electronics projects since 2023, as global supply chains shift and the kingdom positions itself as a regional manufacturing hub.

25 days ago

Bangkok to Host 2026 IMF-World Bank Annual Meetings in Historic Return Since 1991

Bangkok to Host 2026 IMF-World Bank Annual Meetings in Historic Return Since 1991

Thailand will welcome more than 15,000 delegates from 191 countries to Bangkok in October as it hosts the IMF-World Bank Annual Meetings for the first time since 1991, a milestone the Finance Ministry says will showcase the country's economic readiness on a global stage.

26 days ago

Thai Baht Slips to 15-Month Low as Oil Prices and Firm Dollar Weigh

Thai Baht Slips to 15-Month Low as Oil Prices and Firm Dollar Weigh

The Thai baht has fallen to its weakest level against the US dollar in about 15 months, pressured by rising oil prices, a stronger greenback and the Bank of Thailand's accommodative policy stance.

27 days ago

Thailand Tightens Nominee Business Rules With Bank Checks

Thailand Tightens Nominee Business Rules With Bank Checks

From August 1, Thailand requires Thai co-investors to submit bank statements under a new Commerce Ministry order, part of a widening crackdown on nominee arrangements that lawyers say is already unsettling foreign investors.

29 days ago

Thailand Fuel Prices Hold Steady as Oil Fund Props Up Diesel

Thailand Fuel Prices Hold Steady as Oil Fund Props Up Diesel

Thailand's retail petrol and diesel prices held steady on July 30, with PTT and Bangchak stations unchanged since a hike in late July, even as the state Oil Fuel Fund's deficit topped 65 billion baht subsidizing diesel amid volatile global crude prices.

1 month ago

Google Stock Sinks 7% Despite Record Earnings on AI Costs

Google Stock Sinks 7% Despite Record Earnings on AI Costs

Alphabet shares fell as much as 7% on July 23 after Google's parent company posted stronger-than-expected second-quarter revenue but spooked investors by raising its 2026 AI spending forecast to as much as $205 billion.

1 month ago

'Thung Song Model' Turns a Railway Junction Town Into a Cultural Economy Hub

'Thung Song Model' Turns a Railway Junction Town Into a Cultural Economy Hub

A research-backed community model in Nakhon Si Thammarat's Thung Song district has quadrupled local market revenue, offering a blueprint for Thailand's overlooked secondary cities to build cultural economies without ancient temples or monuments.

1 month ago

Thailand's Central Bank Lifts 2026 GDP Forecast to Market-High 2.3%

Thailand's Central Bank Lifts 2026 GDP Forecast to Market-High 2.3%

The Bank of Thailand has raised its 2026 growth forecast to 2.3%, the most bullish estimate in the market, as tech and EV investment offsets a slowdown for smaller businesses.

1 month ago

Thailand Approves $1.99 Billion in AI and Chip Investment

Thailand Approves $1.99 Billion in AI and Chip Investment

Thailand's Board of Investment approved nine projects worth $1.99 billion in AI, chips and clean energy, as the government fast-tracks rules for data centers.

1 month ago

All Economy Stories

17 stories
Kingdom Holds Rate at 1% as Growth Splits in Two
economy

Kingdom Holds Rate at 1% as Growth Splits in Two

The Bank of Thailand held its policy rate at 1.00% for a third straight meeting, saying tech-driven investment and exports keep outperforming while SMEs and cash-strapped households fall further behind.

5 days ago

Kingdom's Q2 Growth Eases to 1.9% as Exports Surge
economy

Kingdom's Q2 Growth Eases to 1.9% as Exports Surge

Thailand's economy grew 1.9% in the second quarter of 2026, slowing from 2.8% in Q1, as strong exports and investment offset softer consumer spending; the government raised its full-year growth outlook to 2.0-2.5%.

8 days ago

Kingdom Prepares Vehicle Tax Overhaul to Reward Local Car Production
economy

Kingdom Prepares Vehicle Tax Overhaul to Reward Local Car Production

Thailand's Finance Ministry plans to finalise new excise tax rules by September, offering lower rates to carmakers with local factories while raising taxes on fully imported vehicles, as Toyota, Honda and Mitsubishi press for policy changes.

11 days ago

Kingdom's Economic Growth Slows to 1.9% in Second Quarter
economy

Kingdom's Economic Growth Slows to 1.9% in Second Quarter

Thailand's economy expanded 1.9 percent year-on-year in the second quarter of 2026, slowing from 2.8 percent in the first quarter, though officials raised the full-year growth outlook to between 2.0 and 2.5 percent.

13 days ago

Koh Samui Raid Uncovers 60 Illegal Nominee Firms
economy

Koh Samui Raid Uncovers 60 Illegal Nominee Firms

More than 300 police and officials raided Koh Samui, uncovering 60 illegal nominee businesses worth an estimated 1.2 billion baht and arresting 14 foreigners, in the seventh phase of a wider nationwide crackdown.

14 days ago

Finance Ministry to Cut Excise Tax for Locally Built Cars
economy

Finance Ministry to Cut Excise Tax for Locally Built Cars

The Finance Ministry plans to lower excise tax rates for vehicles built domestically while raising them for fully imported models, aiming to keep automakers investing in the kingdom.

15 days ago

Thailand Sets 12-Year Roadmap to Reach High-Income Status
economy

Thailand Sets 12-Year Roadmap to Reach High-Income Status

Deputy Prime Minister Ekniti Nitithanprapas has outlined a 12-to-15-year plan to push Thailand into high-income status, targeting GDP growth above 3% and a jump into the world's top 20 most competitive economies.

19 days ago

Thailand Stimulus Scheme Drives 86 Billion Baht in Spending
economy

Thailand Stimulus Scheme Drives 86 Billion Baht in Spending

Thailand's "Thais Help Thais Plus" co-payment scheme has generated more than 86 billion baht in spending in its first two months, with millions of participants and merchants taking part nationwide.

22 days ago

Thailand Attracts $26.8 Billion in Chip and Electronics Investment Bids
economy

Thailand Attracts $26.8 Billion in Chip and Electronics Investment Bids

Thailand has drawn more than $26.8 billion in investment applications for semiconductor and advanced electronics projects since 2023, as global supply chains shift and the kingdom positions itself as a regional manufacturing hub.

25 days ago

Bangkok to Host 2026 IMF-World Bank Annual Meetings in Historic Return Since 1991
economy

Bangkok to Host 2026 IMF-World Bank Annual Meetings in Historic Return Since 1991

Thailand will welcome more than 15,000 delegates from 191 countries to Bangkok in October as it hosts the IMF-World Bank Annual Meetings for the first time since 1991, a milestone the Finance Ministry says will showcase the country's economic readiness on a global stage.

26 days ago

Thai Baht Slips to 15-Month Low as Oil Prices and Firm Dollar Weigh
economy

Thai Baht Slips to 15-Month Low as Oil Prices and Firm Dollar Weigh

The Thai baht has fallen to its weakest level against the US dollar in about 15 months, pressured by rising oil prices, a stronger greenback and the Bank of Thailand's accommodative policy stance.

27 days ago

Thailand Tightens Nominee Business Rules With Bank Checks
economy

Thailand Tightens Nominee Business Rules With Bank Checks

From August 1, Thailand requires Thai co-investors to submit bank statements under a new Commerce Ministry order, part of a widening crackdown on nominee arrangements that lawyers say is already unsettling foreign investors.

29 days ago

Thailand Fuel Prices Hold Steady as Oil Fund Props Up Diesel
economy

Thailand Fuel Prices Hold Steady as Oil Fund Props Up Diesel

Thailand's retail petrol and diesel prices held steady on July 30, with PTT and Bangchak stations unchanged since a hike in late July, even as the state Oil Fuel Fund's deficit topped 65 billion baht subsidizing diesel amid volatile global crude prices.

1 month ago

Google Stock Sinks 7% Despite Record Earnings on AI Costs
economy

Google Stock Sinks 7% Despite Record Earnings on AI Costs

Alphabet shares fell as much as 7% on July 23 after Google's parent company posted stronger-than-expected second-quarter revenue but spooked investors by raising its 2026 AI spending forecast to as much as $205 billion.

1 month ago

'Thung Song Model' Turns a Railway Junction Town Into a Cultural Economy Hub
economy

'Thung Song Model' Turns a Railway Junction Town Into a Cultural Economy Hub

A research-backed community model in Nakhon Si Thammarat's Thung Song district has quadrupled local market revenue, offering a blueprint for Thailand's overlooked secondary cities to build cultural economies without ancient temples or monuments.

1 month ago

Thailand's Central Bank Lifts 2026 GDP Forecast to Market-High 2.3%
economy

Thailand's Central Bank Lifts 2026 GDP Forecast to Market-High 2.3%

The Bank of Thailand has raised its 2026 growth forecast to 2.3%, the most bullish estimate in the market, as tech and EV investment offsets a slowdown for smaller businesses.

1 month ago

Thailand Approves $1.99 Billion in AI and Chip Investment
economy

Thailand Approves $1.99 Billion in AI and Chip Investment

Thailand's Board of Investment approved nine projects worth $1.99 billion in AI, chips and clean energy, as the government fast-tracks rules for data centers.

1 month ago

Latest in Economy
  1. 01

    Kingdom Holds Rate at 1% as Growth Splits in Two

  2. 02

    Kingdom's Q2 Growth Eases to 1.9% as Exports Surge

  3. 03

    Kingdom Prepares Vehicle Tax Overhaul to Reward Local Car Production

  4. 04

    Kingdom's Economic Growth Slows to 1.9% in Second Quarter

  5. 05

    Koh Samui Raid Uncovers 60 Illegal Nominee Firms

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