Thailand has welcomed over 7 million foreign tourists since January 1st
Heading into the traditional high season of October to March, Thailand’s full year target for 2022 is 7-10 million visitor arrivals.
Why is Thailand’s economy stuck in the middle-income trap?
Thailand looks trapped as a middle-income country, unable to get rich, and stuck between a younger, dynamic Vietnam and larger Indonesia Read the rest of Why is Thailand’s economy stuck in the middle-income trap? on Thailand Business News
Finance Ministry economic projections target 3.0 to 3.5% GDP growth
The state welfare campaign for this year has seen 21.45 million applicants. The FPO says these rather high applications are a result of pandemic-driven economic impacts. Read the rest of Finance Ministry economic projections target 3.0 to 3.5% GDP growth on Thailand Business News
Thai growth forecasted at 2.8%, Asia Sails into persistent Headwinds (IMF)
Asia Sails into Headwinds from Rate Hikes, War, and China Slowdown with growth forecasts lowered for this year and 2023, while inflation exceeds central bank targets in most countries Read the rest of Thai growth forecasted at 2.8%, Asia Sails into persistent Headwinds (IMF) on Thailand Business News
Reshoring China Production to Thailand: Key Sectors that Benefit
Thailand is benefitting from Sino-US trade tensions with several Chinese-based firms relocating part of their supply chain to Thailand, especially for electronics, chemicals, and automotive Read the rest of Reshoring China Production to Thailand: Key Sectors that Benefit on Thailand Business News
Bangkok 5th best city for expats in 2022
With an overall expat relocation score of 6.62, Kuala Lumpur in Malaysia ranks as the best city for expats. Read the rest of Bangkok 5th best city for expats in 2022 on Thailand Business News
Thailand fully reopens with free visa waiver extended to 45 days
As Thailand prepares to welcome tourists back in droves and without any restrictions, the free visa exemption has been extended from 30 to 45 days, which allows (after a 30-day extension) to carry out a stay in Thailand 75 days without a visa. Read the rest of Thailand fully reopens with free visa waiver extended […]
Thailand to lift COVID-19 Emergency Decree on 30 September 2022
The emergency decree, which has been renewed repeatedly despite opposition, will not be extended at the end of this month, and international travellers to Thailand will no longer be required to show proof of vaccination or ATK test results from 1 October, 2022. Read the rest of Thailand to lift COVID-19 Emergency Decree on 30 […]