Economics

The Thai Industries Sentiment Index rose to 89.3 in July due to demand for food, medicine, and cosmetics, despite high debt.

In Thailand, 74% of internet users access banking via mobile, surpassing the global average. Southeast Asia leads in mobile economy growth, with investments driving...

The Thai government is initiating a 450 billion baht digital wallet program, distributing 10,000 baht to eligible citizens to stimulate the economy, despite concerns...

The Bank of Thailand considers reducing minimum credit card debt payment rate from 8% to 5% to alleviate financial strain on consumers amid rising...

Deputy Govt. Spokesperson clarifies Digital Wallet scheme for merchants, refuting false claims about transaction limits, cash withdrawals, tax compliance.

Thai exports declined in June 2024, with fruit exports to China dropping significantly, while gold exports surged. Despite this, Thailand recorded a trade surplus. The SCB EIC anticipates improved export performance for the latter half of 2024 and predicts a 2.6% overall export growth for the year, contingent on global economic developments. Looking ahead to 2025, Thai exports are expected to grow at a similar rate, with potential constraints including structural issues within Thailand's export sector and increasing protectionism from major trading partners.

"Swiftonomics" explores the economic impact of Taylor Swift's tours, boosting local industries and adding $4.6 billion to global economy. Singapore aims to be a top entertainment hub with premier infrastructure and governmental support.

Thai government prioritizes protecting local SMEs, considers import controls and VAT on goods below 1,500 baht. Calls for stricter regulations on e-commerce to prevent fraud and ensure consumer protection. Monitoring of foreign platforms like Temu to safeguard market.