Thailand Business News
Business

Thai car production experiences a 15.7% decrease in December and a 2.2% drop in 2023

Car production in Thailand declined by 15.75% in December 2023, marking the fifth consecutive monthly decline. Pickup truck output decline due to bank loan tightening. Decrease in Car Production Car production in Thailand saw a decrease of 15.75% in December 2023 compared to the previous year, marking the fifth consecutive month of decline. This downward […]

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Business

China’s Return to Economic Stagnation: The Long March Ahead

China’s economic success is attributed to market forces and the private sector following Mao Zedong’s death. Yasheng Huang’s book criticizes the current regime and examines past success and potential decline in China. China’s Economic Success China’s economic success has been widely attributed to its adoption of market forces and the private sector, which were key […]

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Thailand Business News
Business

Thailand is listed as the 6th must-visit destination in Telegraph’s “The 20 places you should see in 2024” roundup

Thailand is the top winter destination for Chinese tourists, with over 3.5 million visitors in 2024. Five Thai cities, including Phuket and Bangkok, are among the top 20 most-searched destinations by Chinese guests on Airbnb during the winter season. The Telegraph ranks Thailand at 6th place in their list of “The 20 places you must […]

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Thailand Business News
Business

TFEX announces extended trading hours for Currency and Precious Metal Futures, effective January 15th.

The Thailand Futures Exchange will extend trading hours for currency and precious metal futures starting January 15, 2024, to align with global market hours, allowing continuous trading without a midday break. Extended Futures Market Trading Hours The futures market for trading currency futures will have extended trading hours from January 15, 2024. The trading hours […]

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Thailand Business News
Business

Demand for increased competition in Thailand’s banking industry

TDRI criticizes high interest rates in Thai banks, hindering competition. Government should use state banks to increase competition by offering higher deposit rates and lower loan rates. Introduction The Thailand Development Research Institute (TDRI) has raised concerns about the high interest rates for deposits and loans in Thai commercial banks. Experts criticize the excessively high […]

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Business

In 2024, nine more airlines to commence operations in Thailand

Thailand is expecting a surge in tourism, with nine new airlines set to begin operations. These airlines will focus on regional and international flights to accommodate an expected influx of foreign visitors. The government also aims to promote domestic tourism and enhance relations with China through the permanent waiver of visa requirements for citizens of […]

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Business

SET concludes the year with a 15% loss in stock exchange.

The Stock Exchange of Thailand had a difficult year, losing 15.2% of its value, while major markets in North America and Europe saw double-digit gains. The S&P 500 rebounded with a 21% return, led by technology stocks. Foreign investors sold Thai shares, leading to a turbulent year for the Thai stock market. Global shares had […]

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Thailand Seeks Investment for Strategic ‘Landbridge’ Opportunity
Business

Another Eventful Year: Scandals, Scams, and Surprising Shifts in the Thai Stock Exchange

Thai Stock Exchange faced scandals, defaults, and volatility in 2023, causing loss of investor confidence. Regulatory reforms are necessary, with plans to tighten listing regulations in response to recent issues. Scandals, Scams, and Wild Moves Shook Up the Thai Stock Exchange in 2023 The Thai stock market endured a turbulent year in 2023, marked by […]

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