BANGKOK: Thailand’s decriminalisation of cannabis has delighted its fans, alarmed some health experts and has increasingly disappointed farmers who have been undercut by illegal imports, sending a promise of a new bonanza crop up in smoke. Marijuana has also become an election football, with the opposition criticising the ruling pro-military coalition in the run-up to […]
Read MoreThe local insurance industry posted continuous growth over the past decade, reflecting increasing consumer demand and awareness of the importance and benefits of insurance in protecting their well-being. SINGLE-DIGIT GROWTH According to the Thai Life Assurance Association (TLAA), the industry is expected to post 0-2% growth in gross written premiums (GWP) this year, while first-year premiums are […]
Read MoreThe Association of Thai Travel Agents (Atta) expects 1 million Chinese tourists in the second quarter of this year, following positive signs of flight resumptions, while urging authorities to help regulate “zero-dollar” tours and illegal tour guides. Sisdivachr Cheewarattanaporn, president of Atta, said as airlines work to increase both scheduled and charter flights, flight supply is […]
Read MoreThe Excise Department collected 198 billion baht in revenue during the first five months of fiscal 2023, down from 230 billion during the same period last year, attributed to the continued diesel excise tax cut, according to deputy director-general Kriengkrai Pattanaporn. In March, the government resolved to extend the period for the excise tax reduction for […]
Read MoreThailand’s economy is estimated to expand by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and pent-up demand following China’s reopening, according to the World Bank. The 2023 outlook was unchanged from its forecast in December. The World Bank projects Thai economic growth of 3.7% […]
Read MoreAfter a three-year hiatus, the popular Songkran (Pi Mai) Festival will be celebrated in Thailand this April, with more than 20 million visitors expected to attend the festivities. This annual three-day water-splashing festival is celebrated in the majority of Buddhist countries, including Laos, and marks the Buddhist Calendar New Year. To ensure safety during the […]
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Thailand
