Thailand and China’s province Yunnan sign a FTA (Free Trade Agreement)
Thailand and the Yunnan province of China have inked a mini-free trade agreement in an effort to increase collaboration in fields including logistics and international e-commerce. A mini-free trade agreement…
BOT (Bank of Thailand) raises key interest rate to highest level in 9 years
Concerns about rising prices prompted the Bank of Thailand to hike its key interest rate to a nine-year high of 2.25%. The Bank of Thailand hiked its benchmark interest rate…
The Saudi and Thai prospect
In 2022, diplomatic ties between Saudi Arabia and Thailand were restored, putting an end to a decades-long conflict between the two nations. As a result, economic cooperation increased. For a…
Thai industrial setiment improves for the first time in 3 months
Due to rising domestic demand, Thailand’s industrial sentiment grew in June for the first time in three months. Due to increased domestic demand, Thailand’s industrial morale improved in June, but…
Thai State revenue totals 1.9 trillion baht in the first fiscal year
According to Pornchai Thiraveja, director-general of the Fiscal Policy Office and spokesman for the Finance Ministry, during the first nine months of the 2023 fiscal year, which began last October,…
HP to move production to Thailand
In an effort to diversify its supply chain outside of China, HP plans to move the production of millions of consumer and business laptops to Thailand and Mexico. The action…
Thailand opening up free trade agreement
To increase its trade and investment potential with numerous partners across the world, Thailand is pursuing an ambitious free trade agreement (FTA) agenda. With 18 economies, including China, Japan, India,…
According to the BOT Thailand’s economy is on track for recovery
The Bank of Thailand projects 2.9% growth in the first half of the year and 4.2% in the second, indicating that Thailand’s economic recovery is still on track. With the…
Thai private sector becoming more concerned about the PM’s delay
The delay in the election of a new administration worries Thailand’s corporate sector since it may have an impact on new investments and the tourism industry.The business sector is concerned…
BOI reports a 70% increase in H1 investment applications in Thailand
In Thailand, applications for investment promotion rose by 70% in the first half of 2023, totaling 364.4 billion baht ($10.3 billion). The amount of foreign direct investments (FDI) increased significantly…