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Navigating Southeast Asia: Maximizing Market Entry Success Through Multi-Country Benchmarking

Investors should use benchmarking to identify optimal Southeast Asian markets. The region's digital boom, sustainable technologies, and manufacturing prowess offer great potential. However, political stability and regulations pose challenges. Diversifying investments across Vietnam, Indonesia, Thailand, and Malaysia can mitigate risks. Identifying Investment Opportunities in Southeast Asia Investors focusing on Southeast Asia...

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%. This is due to slow export recovery, political instability, and global economic uncertainties. Despite these challenges, the central bank forecasts a 2.6% and 3% GDP...

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. The dollar weakened, boosting some Asian stocks. Economic growth, tech innovations, and global policies shape the Asian market landscape. Asian Markets Follow US Uptrend Asian markets mirrored...

Is Thailand’s stock market set for a recovery?

Global funds are showing interest in purchasing Thai equities, indicating investor confidence in the market. This interest is due to a potential economic recovery in Thailand, driven by government stimulus, tourism growth, increased domestic consumption, and favorable valuations. The Thai Cabinet has approved a significant stimulus policy, and tourist...

Thailand is teaming up with Google to promote digital technology

The Royal Thai Government and Google are collaborating to boost Thailand's digital competitiveness and accelerate AI innovation, focusing on cloud technology, infrastructure, and digital skills accessibility for Thais. Royal Thai Government and Google Partner to Boost Digital Competitiveness and Accelerate AI Innovation The Royal Thai Government and Google have joined forces...

TAT and AIS 5G launch ‘Welcome Back to Thailand’ campaign

The Tourism Authority of Thailand has partnered with AIS 5G to launch the 'Welcome Back to Thailand' campaign. Tourists will be offered a special SIM card with internet and travel privileges to boost tourism income. The campaign runs from October 17, 2023, to March 31, 2024. The ‘Welcome Back to...

September Sees Third Consecutive Downfall in Thai Industrial Confidence Index

Industrial Confidence Index in Thailand continues to decline for the third month due to manufacturing slowdown, reduced domestic purchasing power, and global economic outlook. FTI suggests measures to counter the downturn and prepares for FIC 2023 event. Industrial Confidence Index in Thailand Continues to Decline Thailand’s Industrial Confidence Index has...

Blockchain App to be Developed for Digital Wallet Scheme

The Thai government plans to give a 10,000 baht stipend through a digital wallet to streamline public services and boost the economy. This initiative also aims to keep the funds in circulation for longer. Government Plans to Provide 10,000 Baht Stipend via Digital Wallet The Thai government is set to launch...