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Thailand Approves Tax Incentives to Stimulate Domestic Tourism
The approved measures, effective from May 1 to November 30, 2024, are multifaceted, targeting both businesses and individual travelers.
Asian Stock Market Wrap-Up: positive trend, following US counterparts
Asian stocks rose on Thursday following a rise in US tech shares, while the dollar weakened as investors reevaluated their...
Thai economy improved in April with growth driven by tourist arrivals
In April, the Thai economy saw improvement, bolstered by growth in the service sector due to an increase in tourist...
Thailand’s tourism industry drops to 47th place in the World Economic Forum index
Thailand, classified as an upper-middle-income country in this index, received the lowest score for tourist services and infrastructure at 2.18...
Thailand to add $3.4 billion to budget to fund cash handout plan
The Cabinet approved a budget increase for fiscal year 2024 on Tuesday to support a new handout stimulus program. The...
Tourism in Thailand just 7% shy of the pre-Covid levels
Optimism is palpable for 2024, with projections from the Mastercard Institute indicating that this year may see Thailand's tourism rebound...
Thailand’s gas demand to increase by nearly 6% in the next ten years
The research indicates that gas and LNG will play a crucial role in meeting the energy needs of Southeast Asia,...
Thailand’s investment pledges for January to March surge by 31% to USD 6.2 billion
Foreign direct investment (FDI) applications increased by 130% to 460 projects, totaling 169.3 billion baht, with the top sources being...
ASEAN+3 to create a new funding mechanism dedicated to emergency situations
Finance ministers and central bank governors from Japan, China, South Korea, and ASEAN have agreed to establish a new facility...
The Bank of Thailand is set to launch Cross-Border QR Payments with India
This initiative marks the latest expansion of Thailand's cross-border payment system, which already encompasses Singapore, Malaysia, Indonesia, Laos, Cambodia, Vietnam,...
