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 […]
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 […]
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 […]
SCB EIC revised Thailand’s 2023 growth forecast to 2.6% due to lower GDP and slow recovery of Chinese tourists. 2024 growth expected at 3.0%, with concerns about slow recovery and uncertainties. The report proposes enhancing policies. Thai policy rate expected to remain at 2.5% throughout 2024. Global economy expected to slow down to 2.5% in […]
Asia Pacific’s robust growth continues despite a challenging global economy. Developing Asia’s growth forecast in 2023 is revised upwards to 4.9%. The region’s inflation is expected to decrease to 3.5% in 2023. Asian Development Bank Revises Down Forecast for Thai Economy The Asian Development Bank (ADB) has revised down its forecast for the Thai economy […]
Thailand’s Prime Minister aimed to attract Chinese tourists with a visa-free policy and increased security, but only one-third of pre-pandemic arrivals are expected, posing a major challenge for the tourism-dependent country. Thailand’s Vision for Chinese Tourists Thailand’s new Prime Minister aimed to attract millions of Chinese tourists back to the country by implementing a visa-free […]
Thailand will host the 2026 IMF and World Bank meetings to boost its economic profile and tourism. The event will bring in 12,000 global leaders and promote Thailand as a top destination. Thailand to Host 2026 IMF and World Bank Meetings Thailand has been selected to host the 2026 annual meetings of the International Monetary […]
Thailand’s digital competitiveness ranking has improved five places to 35th out of 64 territories, driven by advancements in technology, knowledge, and future readiness. AI and cybersecurity are key priorities. Thailand’s Improved Digital Competitiveness Ranking Thailand’s digital competitiveness ranking has improved by five places, reaching the 35th position out of 64 economic territories, according to the […]