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Thai exports seen up 1-2% in 2023 – shippers

Thailand’s exports are likely to grow by 1% to 2% this year, unchanged from a previous forecast, according to the Thai National Shippers’ Council. Shipments continue to face slowing global demand and currency volatility, Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, told a news conference on Tuesday. Source: https://www.bangkokpost.com/business/2500964/thai-exports-seen-up-1-2-in-2023-shippers  

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Thailand: Inflation expected to dip through year

The government expects the inflation rate to continuously decrease throughout this year after the rate in January declined, reaching the lowest level in nine months. The Commerce Ministry yesterday reported headline inflation, gauged by the consumer price index (CPI), rose by 5.02% year-on-year in January, down from 5.89% year-on-year growth in December 2022 due to the […]

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Laos, Thailand Discuss Reopening of Four Borders Checkpoints

Deputy Governor of Vientiane Capital, Mr. Phounkhong Bannavong met with the Thai Permanent Secretary for Commerce, Mr. Keerati Rushchano on his visit to Laos earlier this month, to discuss the possibility of reopening four borders checkpoints connecting Laos’ Vientiane Capital and Thailand’s Nong Khai. During their meeting, Mr. Phounkhong expressed that Thailand should quickly reopen four border […]

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Thailand: Ministry to probe attack on tourist

The Tourism and Sports Ministry is rushing to investigate a case involving a Chinese tourist who was assaulted by a travel agent in Phuket after the case went viral, but the Tourism Authority of Thailand (TAT) is still hoping to secure 7-8 million tourists from China this year as the first batch of tour groups touched down […]

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Bangkok lauded as global hub for cryptocurrencies

Bangkok has emerged as the world’s 10th largest crypto hub, according to new research from cryptocurrency tax software company Recap. The Crypto Readiness Index, compiled by Recap, ranks Bangkok as 10th in the world as the Thai capital has attracted 57 crypto companies. Recap said Thailand has the world’s second-highest rate of crypto ownership. “While Thailand […]

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Thailand: Many workers ill-prepared for old age

Finance Minister Arkhom Termpittayapaisith is concerned that more than 16 million informal workers have yet to participate in any savings scheme to prepare for life during retirement, even though Thailand is expected to become an aged society in the next two years. He said that Thailand is now an ageing society as at least 10% of […]

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