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Thailand’s Tourist Arrivals Expected to Grow in 2024 and Fully Rebound by 2025
Thailand's tourist arrivals are forecasted to grow 28.3% in 2024 but remain below pre-pandemic levels, achieving full recovery by 2025.
Tax Incentives to Attract Thai Expats Back to Work in Thailand
The Cabinet approved tax incentives to attract skilled Thais abroad to return, capping income tax at 17%.
Thailand to Provide Investment Incentives for Hybrid Vehicle Manufacturers
Thailand will offer investment incentives and lower excise taxes for hybrid vehicle manufacturers from 2028 to 2032.
ASEAN+3 Growth Momentum Steady on Export Recovery, Solid Domestic Demand
In the July 2024 update, AMRO maintains its growth forecasts for the ASEAN+3 region at 4.4 percent for 2024 and...
Five Key Points from AMRO’s July 2024 ASEAN+3 Economic Outlook Update
Recovery is underway for the region’s goods exports. 12 economies are seeing higher export growth compared to the second half of...
ASEAN+3 growth forecast for 2024-25 remains at 4.4 % and 4.3 % (AMRO)
he ASEAN+3 region's growth forecast for 2024-25 remains at 4.4 percent and 4.3 percent, supported by favorable export prospects, robust...
Reviving Tourism and Wages: The Key to Sri Lanka’s Economic Growth
Sri Lanka's economy grew 5.3% in Q1 2024, expected to slow to 4.0% for the year, driven by tourism growth.
Digital Economy Ministry Launches "Coding for Better Life" Project
The "Coding for Better Life" project aims to address the tech sector's labor shortage and develop digital human resources in...
Thailand and South Korea begin Economic Partnership Agreement negotiations
Thailand and South Korea initiate Economic Partnership Agreement negotiations to enhance bilateral trade and investment.
Thailand’s Special Economic Zones (SEZs) contribute to growth and attract investment
The Thai government has made significant progress in developing Special Border Economic Zones (SEZs) across 10 regions, including Tak, Sa...
