Sunday, January 12, 2025

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Thailand Business News

Thailand News with a Business Perspective
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How Much Lower Can EV Prices Go?

Chinese electric vehicle manufacturers have entered the Thai auto industry with significant discounts, causing frustration among early buyers who paid higher prices for the same models. This disruption has...

Aggressive discounting exposes the dilemma of luxury retail in Mainland China

Mainland China's luxury retail sector is facing a period of transformation as aggressive discounting strategies become more prevalent. This shift in the market has exposed a dilemma for luxury...

IMF updates Thailand’s GDP growth forecast for this year to 2.9%

The International Monetary Fund (IMF) has revised Thailand's GDP growth forecast for the current year to 2.9%, which is a 0.2 percentage point increase from their previous prediction. This...

TTM+ 2024 to generate economic and business value worth 4.4 billion baht

The Thailand Travel Mart Plus (TTM+) 2024 event in Khao Lak was a success, generating 4,428.98 million Baht and facilitating 14,792 business appointments. The event focused on sustainability, with...

SEC starts public hearing on prohibiting digital assets as means of payment

The SEC has initiated a public feedback process concerning proposed rule changes that would overturn the ban on digital assets being used as a form of payment. The changes...

How China took over the Southeast Asia EV market

In 2023, there was a significant 894% year-on-year increase in electric vehicle (EV) demand in South-East Asia. This rapid growth has attracted Chinese companies to enter the market, quickly...

Amazing Beach Life Festival promotes Thailand during this green season

The Tourism Authority of Thailand (TAT) is organizing the "Amazing Beach Life Festival" from July to August 2024 in Rayong, Phang-Nga, Phuket, and Songkhla to encourage green season tourism....

Cesna Recruitment Celebrates 25th Anniversary of Achieving Recruitment Milestone Success

Cesna Recruitment Group has had a strong presence in the recruitment industry for the past 25 years, setting high standards for job seekers and employers. The company started in...

Krungsri launches first cross-border QR payment service in Lao PDR

Thai tourists visiting Lao PDR now have the option to use the KMA krungsri app to scan QR codes with the Lao QR code symbol at various merchants. Additionally,...

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Government to Prioritize Five Key Sectors in 2025 to Enhance GDP Growth

The government has unveiled an ambitious economic agenda for...

Exploring Surin and Si Sa Ket: Thailand’s Cultural and Natural Wonders

Surin and Si Sa Ket in northeastern Thailand offer...

Exploring New Ventures and Opportunities in Shanghai at NEPCON China 2025

In 2024, Tesla's sales fell 1%, marking its first...

How is China Leading Asia Industrial Robotics Market?

Asia dominates the global industrial robotics market, accounting for...

Thailand Lags Behind ASEAN in 2025 Growth Forecast: ADB

The Asian Development Bank's Asian Development Outlook highlights positive...