The Thai economy is set to bounce back from a surprising contraction in the fourth quarter of 2022 as foreign tourist arrivals are likely to surprise on the upside and counter headwinds to merchandise exports from a global slowdown, say leading economists. Southeast Asia’s second-largest economy will expand by 4% this year even after the “sharp […]
Read MoreNew condo supply launched in central Bangkok this year should not be priced higher than existing inventory because a glut remains amid stagnant purchasing power, says a real estate consultancy. Artitaya Kasemlawan, head of residential sales projects at property consultant CBRE Thailand, said developers are set to launch new condo projects in downtown locations after freezing development […]
Read MoreTourism operators in Chiang Mai are calling for the revision of laws and regulations to maintain fair competition and protect local businesses from Chinese merchants using Thai nominees. Such worries are growing after the Mae Sai-Tachileik border checkpoint in Chiang Rai reopened on Monday. Punlop Saejew, president of the Tourism Council of Chiang Mai, said […]
Read MoreTHAILAND is restricting plastic waste imports and will ban scrap shipments of the material starting in 2025, as officials seek to halt a flood of refuse from rich countries that has impacted the health of its citizens and polluted its air and water. From this year, plastic waste imports will be restricted to 14 manufacturers […]
Read MoreBusiness leaders and stock market analysts welcomed the premier’s statement vowing to dissolve parliament next month ahead of an election likely to take place on May 7. The announcement provides more clarity on a potential general election date that was widely anticipated. Party campaigning should benefit the Thai economy, said the pundits. “It is good […]
Read MoreThe Ministry of Public Works and Transport (MPWT) of the Royal Government of Cambodia has urged its Thailand counterpart to expedite the construction of its administrative building at the Steung Bat-Ban Nong Ian International Border and prepare relevant documents so that both parties can open the bilateral border gate in the near future, said a […]
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