A faster-than-expected rebound in international visitors is putting Thailand’s economy on course to return to pre-pandemic growth by next year, according to the prime minister. The economy will expand by 4.2% in 2023, on top of forecast growth of 3.3% this year, Prime Minister Prayut Chan-o-cha told a press briefing after the weekly cabinet meeting. […]
Read MoreTHAILAND’S exports are expected to rise between 6 to 8 per cent this year, compared with a previous forecast for a 5 per cent to 8 per cent increase, helped by a weak baht and increased global food demand, the national shippers group said on Tuesday (Aug 2). Exports, a key driver of growth, rose […]
Read MoreThailand recorded 3.12 million foreign tourist arrivals from Jan 1 to July 26, a government spokesman said on Tuesday, as the vital tourism sector picks up following an easing of pandemic restrictions. The tourists included 76,739 visitors from Russia, Thanakorn Wangboonkongchana said in a statement. He said the government was aiming for 1 million tourists […]
Read MoreWith growing competition in the Bangkok office market, fueled by a large amount of new supply that is coming, ageing office buildings are losing their ability to retain and attract occupiers. This trend is putting pressure on landlords of these buildings to become more proactive and find ways to enhance the value and competitiveness of […]
Read MoreA new higher power tariff is to be postponed following an intervention by Prime Minister Prayut Chan-o-cha to curb rising living costs, says a source at the Energy Ministry. The higher tariff was due to be imposed between September and December this year, but now it will not be increased. The new rate, which had […]
Read MoreThai exporters have been warned to brace for the impact of China’s economic uncertainties in the second half of the year on top of the looming global recession, runaway inflation and energy crisis. Chaichan Charoensuk, chairman of the Thai National Shippers’ Council (TNSC), said exporters should have proactive measures and shift their manufacturing and export […]
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