Thailand Business News
Business

Thailand Identified as a High-Risk Country in Trump’s Second Administration’s Top 10 List

The ITIF released the “Trump Risk Index” rating US-allied countries’ risks under Trump’s presidency. Thailand, Mexico, Slovenia, Austria, and Canada face high risk due to trade surplus with the US and low defense spending. Key Points The Innovation and Technology Information Foundation (ITIF) released the “Trump Risk Index” evaluating risks faced by US-allied countries under […]

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Thailand Business News
Business

BYD Proves Resilient in the Face of Declining Auto Sales in Thailand

Thailand’s auto market saw a 26.2% decline in sales from January-October 2024, with 476,350 units sold. BYD was the only major automaker to see growth, selling 23,532 units. Thailand’s Auto Market Struggles in January-October 2024 Thailand’s automotive market faced substantial difficulties during the first ten months of 2024, recording a total of 476,350 units sold. […]

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Thailand Business News
Business

Uncertainty in Thailand’s Legal and Political Landscape Threatens Cannabis Boom

Thailand’s cannabis industry is booming with over 16,000 dispensaries, but faces uncertainty due to lack of clear legislation and political disputes. Stakeholders are calling for regulations and stability. Thailand’s Cannabis Industry Faces Uncertain Future Thailand’s cannabis industry is expanding rapidly, but it faces uncertainty due to unclear legislation and ongoing political disputes. This has left […]

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Thailand Business News
Business

ILO Provides “Responsible Business” Toolkit to Thailand’s Automotive Industry

The ILO has developed a toolkit to improve social dialogue in Thailand’s automotive supply chain. It aims to enhance responsible business conduct by addressing issues like discrimination and excessive working hours. The toolkit includes guidelines, training, and mentoring services for businesses and trade unions, aligning with national and international standards. Its launch was marked by […]

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Thailand Business News
Business

Thailand’s Food Trade Expected to Surpass 700 Billion THB (20 billion USD) in the Coming Year

Thailand aims to become a global food hub by 2026, targeting food trade revenues exceeding 700 billion THB. Key strategies include gastronomy tourism growth and collaborations with various organizations. Thailand’s Vision as a Global Food Hub Thailand aims to establish itself as a global food hub by 2026, with a target of surpassing 700 billion […]

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Thailand Business News
Business Economics

Thailand’s SET Index Surges 0.70% on Back of Robust Economic Growth: Market Roundup 18 November 2024

Thailand’s SET Index rose 0.70% due to strong economic growth, but limited upside persists. Bank of Japan remains cautious on rate hikes, Goldman predicts record gold prices. Thai Airways’ recapitalization impacts banks positively. Thai Stock Market Overview Thailand’s SET Index saw a 0.70% increase, closing at 1,452.78 points, influenced by unexpected economic growth in the […]

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Thailand Business News
Business

Challenges faced in the ASEAN+3 Property Market

Post-pandemic, ASEAN+3 property markets see declining prices and transactions due to financial constraints and surplus inventory. A dual strategy aims to stabilize property and financial sectors amid challenges. Mitigating Spillover Risks in ASEAN+3 Property Developer Financing Post-pandemic, the property markets in ASEAN+3 countries are facing challenges such as declining prices and transactions due to financial […]

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Thailand Business News
Business

Thailand Named Destination of the Year for 2025

Thailand has been named Travel + Leisure’s 2025 Destination of the Year for its culture, food, and sustainable tourism. This award highlights Thailand’s global travel appeal and diverse attractions. Thailand Named Travel + Leisure’s 2025 Destination of the Year Thailand has been named Travel + Leisure’s 2025 Destination of the Year for its rich culture, […]

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