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Thailand: New road to boost border trade

The construction of a 43-kilometre road from Chiang Rai to Phayao, expected to ease border trade between Thailand, Laos and Myanmar will likely be completed next year. The Department of Rural Roads says construction of the Highway 1020 subsidiary in the North is 20% complete. The road begins in Phayao’s Chun district and stretches to Thoeng […]

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Thailand: Tourism index up in Q4

The tourism confidence index in the fourth quarter still lagged behind the corresponding period prior to the pandemic, while the Tourism Council of Thailand (TCT) said tourism scams can be found everywhere. Chamnan Srisawat, president of the TCT, said the tourism confidence index of the final quarter last year stood at 72, up by 7 points […]

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China-Laos-Thailand rail link plans up for talks

Thailand and Laos are in talks about the potential of a China-Laos-Thailand railway link which could reduce cargo transport costs by 30%-50% in three to five years, said the Department of Rail Transport (DRT) on Saturday. Athipu Chitranukroh, deputy director-general of the DRT and Kitjaluck Srinuchsart, deputy director-general of the Customs Department, visited Laos recently to […]

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2023 Foreign Investment in Thailand: Trends and Opportunities

Following where China has been spending and investing its Belt & Road Initiative capital can provide foreign investment (FDI) clues and reveal new opportunities in recipient countries. As infrastructure builds start to yield productive user cash flows and the need for subsequent support services arises, case studies for investment potential become apparent. In this new […]

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