Thailand Business News
Business

Thailand BOI: 43% Increase in Foreign Direct Investment (FDI) Over 9 Months

Thailand’s Board of Investment (BOI) has seen a significant increase in foreign investment, with a 43% rise in investment value, and China emerging as the largest source of FDI applications. Key sectors driving growth include electrical appliances, electronics, and automotive industries. The Thailand Board of Investment (BOI) Increase The Thailand Board of Investment (BOI) has […]

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"Reforming Thailand" : International and Thai Leaders gather with FTI
Business

International and Thai Leaders Convene with FTI to Drive Thailand’s Reform

The Federation of Thai Industries hosted a gala dinner to promote business discussions and boost economic confidence. The government aims to transform Thailand into a technology-driven economy and establish it as a medical hub. Federation of Thai Industries Hosts 2023 Gala Dinner The Federation of Thai Industries (FTI) recently hosted the Foreign Industrial Club (FIC) […]

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Thailand Business News
Business

Extension of Visa Exemption for Indian and Taiwanese Tourists in Thailand

Thailand is allowing visa-free entry for tourists from India and Taiwan from November 10 to May 10 in a bid to attract more visitors during the high season. The country is also considering a permanent visa exemption for Chinese tourists to increase arrivals. Thailand’s tourism sector, which heavily relied on Chinese visitors before the pandemic, […]

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Thailand Business News
Business Economics

Thailand Experiences Second Consecutive Month of Export Growth in September

Thailand’s exports increased in September for the second consecutive month, driven by higher shipments of agricultural and agro-industrial products. Rice shipments to South Africa and Indonesia played a significant role in the growth, but key markets like the US, Japan, and the EU remained sluggish. Overall, exports rose by 2.1% to $25.47 billion compared to […]

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skylineCBD
Business

Thai Economy Unaffected by the Israeli-Palestinian Conflict, Says SCB EIC

The Israeli-Palestinian conflict is not expected to have a significant impact on Thailand’s tourism and merchandise exports. Thailand’s economy is expected to recover through private consumption and the service sector, with an increase in international tourists and a rebound in exports. Inflation in Thailand is expected to accelerate, and the policy interest rate is predicted […]

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Thailand plans to invest $16 million in initiatives to revive the tourism industry
Business Tourism

Thailand’s Tourism Industry to Receive $16 Million Investment for Revitalization

Thailand plans to allocate $16.5 million towards promoting its tourism industry during the peak season. The allocation will be used for marketing campaigns, festivals, inter-regional travel, and extending visa-free regimes and stay durations for certain markets. The government also aims to collaborate with airlines for joint tourism promotions and extend entertainment venue hours in popular […]

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Thailand BOI Approves Investment Applications Worth USD1.1 Billion in EV, Renewable Energy, Data Centers, Travel Infrastructure Projects
Business

BOI Approves Investment Applications Worth $1.1 Billion in Thailand’s EV, Renewable Energy, Data Centers, and Travel Infrastructure Projects

Thailand’s Board of Investment (BOI) has approved investment promotion applications worth 41 billion baht (USD1.1 billion) for projects including electric vehicles, renewable energy, data centers, and travel infrastructure. Bangkok BOI Approves Investment Applications Worth $1.1 Billion The Thailand Board of Investment (BOI) has recently approved investment promotion applications worth a total of 41 billion baht […]

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Thai PM chairs special airport welcome for Chinese and Kazakhstani tourists
Business

Thailand, ASEAN, and Italy team up to strengthen economic ties with a focus on SDGs

The 7th High-Level Dialogue on ASEAN-Italy Economic Relations aimed to strengthen ties through discussions on supply chain improvement, climate change, and digitalization. Asean-Italy Economic Relations Strengthened at High-Level Dialogue The 7th High-Level Dialogue on “ASEAN-Italy Economic Relations” recently took place, co-hosted by the Ministry of Foreign Affairs, the European House-Ambrosetti, and the Embassy of Italy […]

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