Business

Investment promotion applications in Thailand increased by 70% in the first half of 2023, reaching a value of 364.4 billion baht ($10.3 billion). Foreign direct investments (FDI) saw a significant increase of 141%, with global companies favoring Thailand as a manufacturing base in industries such as electronics, food...

Bangkok's new train lines are being introduced, but the steep fares are causing inconvenience. The Yellow Line, Bangkok's first monorail transport system, has recently started trial runs and will officially begin services on July 3. However, there are concerns over the pricing of the tickets, which range from 15 baht...

The durian fruit has emerged as a crucial agricultural commodity in the context of Sino-Thai relations, with Thailand serving as the primary exporter of durians to China. However, concerns have been raised regarding the future of Thai-Chinese economic relations following the proposal by Thailand's Move Forward Party to establish a...

Thailand’s GDP outlook is expected to grow between 2.7-3.6 percent in 2023, an increase from 2.6 percent in 2022. Economic growth will be boosted by a recovering tourism industry and improving private consumption. Southeast Asia’s second-largest economy was in a severe recession in 2020 due to the pandemic. GDP fell...

According to the latest issue of the Asian Development Bank’s Asia Bond Monitor, bond yields in emerging East Asia declined from March to May due to easing inflationary pressure in the region and slower monetary tightening in the US. Key Takeaways Bond yields in emerging East Asia declined from March to...

Online media is evolving and adapting to new business models in order to survive. The industry is continuously transforming to keep up with changing consumer preferences and technological advancements. Despite the challenges faced by online media in Southeast Asia, and globally, due to content limitations and changes, they are now...

The Thai government aims to develop its startup industry by taking inspiration from Singapore's successful initiatives, which have made it a leading hub for entrepreneurs. Singapore, ranked sixth in this year's global startup ecosystem index by StartupBlink, is considered the top Asian economy in this field. In contrast, Thailand ranks...

EABC calls for a sustainable government to lead negotiations on EU-Thailand FTA. Thailand's next government should focus on implementing sustainable policies to strengthen cooperation between the European Union (EU) and Thailand, including a potential EU-Thailand Free Trade Agreement (FTA). The leader of the European Association for Business and Commerce (EABC)...