The Board of Investment plans to enlist private companies to boost response to the long-term resident (LTR) visa programme targeted at highly skilled foreign workers and wealthy pensioners. The firms will assist government agencies to draw more applications for the 10-year visas introduced last year, according to Narit Therdsteerasukdi, the BoI secretary-general. They will also promote the […]
Read MoreAccording to the latest data released by the National Economic and Social Development Council on Feb 17, Thailand’s real GDP growth slowed significantly to 1.4% year-on-year in the fourth quarter of 2022 from 4.6% in the third quarter. The fourth-quarter figure was a major miss from consensus estimates of 3.5% and lowered full-year growth to 2.6%. […]
Read MoreCrude palm oil exports may reach 1 million tonnes this year, up from 919,000 tonnes last year, driven by a higher supply of oil palm and strong demand from India and China, according to the Commerce Ministry. Wattanasak Sur-iam, director-general of the Internal Trade Department, said the ministry plans to increase crude palm oil exports this […]
Read MoreSpending among Chinese tourists has not been affected by the global economic slowdown as there is huge pent-up demand following a three-year hiatus, helping to stimulate the market, says a travel agent group. Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents (Atta), said Chinese tourists coming to Thailand during this quarter were mostly individual […]
Read MoreThe power generation arm of Ch Karnchang Plc, Thailand’s second-largest construction company, CK Power Plc (CKP), witnessed a profit growth of 11.8% to a record high of THB 2.4 billion in 2022. Despite an increase in energy prices globally, the company saw an unprecedented rise in profits thanks to electricity sales from hydropower plants and […]
Read MoreThe upcoming general election is likely to stimulate consumption, with around 60-70 billion baht to be circulated within the country’s economy, enhancing the Thai stock market both one week before and one month after the polls, say analysts. The Stock Exchange of Thailand (SET) is expected to rebound around the time of the election, which according […]
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Thailand
