Thailand Business News

Indonesia introduced its first sovereign wealth fund, the Indonesia Investment Authority (INA), in 2021. Unlike other funds, INA seeks foreign co-investors to finance infrastructure and emerging industries, aiming to attract investments in various sectors.

Deputy Prime Minister Parnpree Bahiddha-Nukara launched Thailand's bid for the UN Human Rights Council (HRC) for the 2025-2027 term. In his speech, he emphasized Thailand's commitment to human rights and democracy, as well as the importance of utilizing the HRC's influence to address global challenges.

The Grant Thornton International Business Report (IBR) for H1 2023 shows positive economic conditions and outlook for Thailand, with improvements in business health and...

Thailand's Q2 2023 GDP growth was weaker than expected, leading to a lowered growth forecast for the year.

Thailand's household debt is increasing, particularly in auto loans and debts from savings cooperatives. Non-performing loans from auto loans have risen, and financial literacy and access to financial services have decreased. In the first quarter of 2023, household debt reached 15.9 trillion baht, equivalent to 90.6% of the GDP.

Thailand's economic recovery may be hindered by a global slowdown and the government's stimulus policies could lead to higher government debt, according to Fitch Ratings.

Consumer confidence in Thailand improved in August due to the formation of a new government.The consumer confidence index rose to 56.9, rebounding from a...

Her Royal Highness Princess Ubolratana presented the 14th Thailand Tourism Awards to 254 Thai tourism enterprises that have been acknowledged for their quality and...