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.
Many Thai industries in battle for survival
Thai industries face collapse from competition with China, technology changes, and rising wages. Factory closures and layoffs are increasing, with concerns over the impact...
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%....
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.
Truckers threaten higher fees if diesel is not reduced to Bt30 per litre
Truck operators threaten 9% rate hike if diesel prices not capped at 30 baht/litre within 10 days. Complaint lodged with PM due to impact...
New savings lottery tickets could be launched next year
Finance Ministry plans digital lottery for retirement savings, priced at 50 baht each. Members of National Savings Fund and freelancers eligible to buy 60...
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.
