Bank of Thailand Raises Economic Growth Forecast
The Bank of Thailand has raised its economic growth forecast for 2026 to 2.1%, up from the previous estimate of 1.5%, with Governor Vitai Ratanakorn citing the government’s planned 400…
US Trade Court Moves to Block Parts of Trump Tariff Measures
A US trade court has ruled that former President Donald Trump improperly used a 1970s trade law to impose temporary 10% global tariffs, delivering another setback to his trade strategy.…
Airport Fees Set to Increase by 50%
Airports of Thailand (AOT) will increase the international passenger service charge from 730 baht to 1,120 baht starting June 20 across six major airports in Thailand. The revised departure fee…
TikTok Secures $25 Billion Investment Approval in Thailand
Thailand’s Board of Investment (BOI) has approved six major investment projects worth a combined 958 billion baht (US$29 billion), including an 842 billion baht ($25 billion) expansion by TikTok’s local…
AirAsia Orders 150 Airbus A220-300
AirAsia has signed a landmark agreement for 150 next-generation Airbus A220-300 aircraft, marking the largest single firm order ever placed for the A220 programme. The deal also pushes total firm…
Oil Export Ban Expected to End Amid Rising Reserve Levels
Thailand may soon lift its temporary refined oil export ban as fuel reserves remain strong and storage facilities near capacity, according to the Department of Energy Business. Authorities are expected…
Oil Prices Ease as US Pauses “Project Freedom” Amid Iran Deal Push
Oil prices eased in Asian trading on Wednesday after US President Donald Trump signaled hopes for a new agreement with Iran to end the conflict. Brent crude fell 1.7% to…
Tourist Numbers Slip Amid Airline Industry Upheaval
Thailand’s tourism sector recorded a slowdown in the first four months of 2026, with foreign arrivals declining 3.45% year-on-year amid airline disruptions and unrest in the Middle East, according to…
Trump Pauses Hormuz Operation Amid Push for Iran Deal
President Donald Trump said Tuesday that the United States was pausing its military escort operation through the Strait of Hormuz after just one day, as Washington pushes for a negotiated…
EEC Property Market Weakens Amid Sharp Condo Downturn
Photo Credit: Somchai Poomlard Thailand’s Eastern Economic Corridor (EEC) housing market continued to soften in 2025, with both demand and supply declining year-on-year, according to the Real Estate Information Center…