Ministry Targets 5.7% Growth in Digital GDP
The Digital Economy and Society (DES) Ministry forecasts a 5.7% year-on-year growth in digital GDP for this year, which is 2.2 times higher than the projected Thai GDP growth. This…
Mr DIY to open another 200 stores in 2025
Home improvement retailer MR. D.I.Y. (Thailand) is planning to open 200 additional stores in 2025, with an investment budget of 2 billion baht. This aggressive expansion strategy in recent years…
300 Billion Baht has been assigned for six dual-track projects
The Transport Ministry plans to invest nearly 300 billion baht to expand a series of dual railway tracks in the upcoming year. Transport Minister Suriya Jungrungreangkit announced the initiative to…
Thailand to Implement Minimum Tax on Major International Companies Starting in 2025
Thailand plans to implement a minimum corporate tax rate of 15% on large international companies starting next year, according to Finance Minister Pichai Chunhavajira in an interview broadcast on Friday.…
Developer Profits Expected to Decline This Year
Sumitra Wongpakdee, managing director of property research and consultancy Terra Media and Consulting, noted that a sluggish market has forced developers to make significant changes this year. “Many developers have…
5% Increase in Average Salary in Thailand Next Year
The employee salary in Thailand is projected to rise by 5.0% in 2025, similar to this year, as reported by Mercer, a human resources and professional services consultancy. Mercer’s Total…
Thailand Shrimp Industry Struggles with Disease and Falling Prices
Thai shrimp production is projected to decline by 4% year-on-year, primarily due to disease outbreaks and decreasing prices, according to the Thai Shrimp Association. Ekapoj Yodpinit, the association’s president, stated…
Thai Stock Index Remains on a Declining Path
The Stock Exchange of Thailand (SET) index closed lower in November after reaching a peak of 1,506 points the previous month. During the second week of November, the index fell…
OR to Divest Shares in Underperforming Ventures
PTT Oil and Retail Business (OR) is set to divest stakes in several ventures, including restaurant operations, to mitigate losses from underperforming activities and to reassess businesses with uncertain prospects,…
Thailand sees 20% Decline in Low-Quality Imports from China
Thailand seen a 20% decline in low-quality imports, primarily from China, following the implementation of measures aimed at reducing cheap Chinese goods that were negatively impacting the country’s economy, according…