Sunday, June 16, 2024

Thailand Business News

Thailand Business News is a comprehensive news service about Thailand with a business and financial perspective edited in Bangkok by Siam News Network

Thailand BOI Approves Investment Worth USD1.54 billion in Biochemicals, Data Centers, and Hospital

Thailand's Board of Investment approved $1.54 billion worth of projects, including a bio-ethylene plant, data centers, power plants, and a hospital, to boost economic growth and environmental protection.

Uncovering the Role of Chinese Criminal Networks in Amplifying Transnational Illegal Activities across Southeast Asia Or Examining the Impact of China’s Organized Crime Syndicates on the...

Transnational crime groups from China, operating in Southeast Asia, pose a significant threat to global security through illegal online gambling, scams, and corruption, stealing around $64 billion annually. Their ties with state actors and exploitation of weak governance exacerbate the issue.

World Bank cuts GDP growth forecast for Thailand to 2.4%

The World Bank and UOB have lowered Thailand's 2024 GDP growth forecast to 2.4%, with a Thai business group predicting even lower at 2.2%-2.7%....

Thailand Approves Tax Incentives to Stimulate Domestic Tourism

Thailand has approved tax incentives to boost local tourism, offering deductions on domestic travel expenses, aiming to revive the sector hit by the pandemic. Thailand's...

Thai government aims to boost economic growth to 3%

Thailand aims to boost economic growth to 3% by attracting more tourists, increasing public investment, and addressing challenges like global economic slowdown.

Asian markets wrap-up for today

Asian markets rose, mirroring higher US tech shares. Investors await US job data, influencing caution. Australian bond yields dipped, and US contracts were steady....

Thailand’s aging population hits consumption and economic growth

Thailand's demographic changes like aging population affecting domestic consumption and economic growth; government urged to address issues.

Chinese Car Manufacturers Accelerate Electric Vehicle Production in Thailand

Thailand's Board of Investment expects a significant rise in electric vehicle (EV) production, with Chinese manufacturers like BYD, GAC Aion, and Changan Automobile aiming to produce 300,000 EVs annually. The BoI is promoting EV industry growth through investment incentives, including battery production and EV charging facilities.

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