Thailand Business News
Thailand News with a Business Perspective
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Tourism
Cabinet approves Bt400 minimum wage for hotel workers in specific locations
The Cabinet has approved a proposal to raise the minimum wage for employees of 4-star hotels in certain tourist provinces to 400 baht/day, beginning on April 13. This decision...
Business
The crypto market in Thailand: drivers and challenges
The progressive stance of the government and regulatory bodies in Thailand has significantly boosted the cryptocurrency market in the country. Through the implementation of a regulatory framework for digital...
Business
East Asia and the Pacific Region to Maintain Growth Despite Global Challenges
The East Asia and the Pacific region is expected to maintain economic growth despite global challenges. The recovery of global trade and improved financial conditions will help support economies...
Tourism
Songkran rebranded as “Maha Songkran World Water Festival 2024”
The Maha Songkran World Water Festival 2024 in Bangkok will highlight Thai culture, traditions, and soft power with grand parades, performances, and environmentally sustainable activities, boosting tourism revenue. The...
Business
Thailand’s Path to Casino Legalization: A Strategic Economic Move
Thailand has recently announced plans to legalize casinos in an effort to stimulate its economy and enter the profitable global gaming industry. This strategic decision is expected to attract...
Business
Thailand’s car production declined by 19.3% in February
The decline in car production in Thailand in February was primarily due to various factors, including the rise in imported electric vehicles (EVs) and a decrease in the production...
Business
Thailand’s $14 billion cash stimulus plan postponed to Q4
Thailand is set to roll out a $14 billion cash handout program in the fourth quarter of the year to spur economic growth. This move is part of the...
Tourism
Thailand to welcome 36 million foreign tourists in 2024
Thailand's tourism industry is expected to experience significant growth, with 36 million foreign tourists anticipated to visit the country in 2024. This surge in visitors highlights Thailand's popularity as...
Business
Uncovering the Oligopoly and Monopoly Market Structure in Thailand’s Economy
Thailand's economy features a blend of state-owned enterprises and family-owned conglomerates, leading to a intricate web of interrelated businesses spanning various industries. This network can limit competition and hinder...
Latest
China Telecom Gulf Officially Launches Operations in Saudi Arabia for Business Expansion
China Telecom Gulf launched in Riyadh, enhancing Sino-Saudi cooperation...
ReNew CEO: India’s Growth Will Differ from China’s
Sumant Sinha, CEO of ReNew, believes that India is...
Thailand’s Journey Towards a Sustainable Future Through Renewable Energy
Thailand is focused on advancing the use of renewable...
Central Thailand Fine Dining: A Culinary Symphony Fit for Royalty
Central Thailand's fine dining merges tradition and innovation, emphasizing...
Wegovy: The Popular Weight-Loss Drug Now Available in China
Novo Nordisk launched Wegovy in China, targeting obesity with...