The Thai government is looking to develop its startup industry by following in the footsteps of Singapore’s initiatives which have made the city-state a leading incubator of entrepreneurs. Singapore is the top Asian economy in this year’s global startup ecosystem index published by StartupBlink : Thailand ranks 52nd on the global startup ecosystem index, while Singapore is ranked sixth. […]
According to the World Bank’s Global Economic Prospects report, global growth is projected to slow from 3.1% in 2022 to 2.1% in 2023, with emerging market and developing economies (EMDEs) facing financial risks due to elevated global interest rates. The report indicates that one out of every four EMDEs has effectively lost access to international […]
Members of the Federation of Thai Industries (FTI) are concerned about the Move Forward party’s policy to increase the minimum wage to 450 baht/day. The Move Forward Party’s proposal to increase the minimum wage to 450 baht per day has sparked mixed reactions from businesses and workers. While some see it as a way to […]
Tesla Inc. has raised prices in a range of up to $290 in Canada, China, Japan, and the United States, its website showed on Monday, after the company slashed prices of its top-selling vehicles since the start of the year.The hike was the first on its two top-selling models at the same time in multiple […]
The main development has been the reopening of China, where surging consumption is boosting growth across the region despite weaker demand from the rest of the world. This article was originally published here: Growth in Asia and the Pacific to accelerate to 4.6 percent this year Read the rest of Growth in Asia and the […]
The poll found that business operators expect the economy to grow by over 3% in 2023, driven by an expected increase in the number of Chinese tourists This article was originally published here: Thai growth to exceed 3% in 2023 according to business owners Read the rest of Thai growth to exceed 3% in 2023 […]
Thailand’s export growth plan is currently focused on growing trade with secondary cities in partner countries using mini FTAs, often known as little free trade agreements. This article was originally published here: Thailand signs mini-FTA with Shenzhen Read the rest of Thailand signs mini-FTA with Shenzhen on Thailand Business News
Xi took China’s achievement of long-term economic growth to mean that market reform was no longer necessary and began to prioritise political control over economic efficiency This article was originally published here: Economic slowdown may prompt reluctant reform in China Read the rest of Economic slowdown may prompt reluctant reform in China on Thailand Business […]