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Committee Suspends Digital Wallet Budget for Further Review
The special committee reviewing the 2025 annual budget has temporarily suspended the 152.7 billion baht budget for the digital wallet...
Thailand to Extend Land Leases to 99 years and Foreign Condo Ownership to 75%
Regarding condominium ownership, the increase from 49% to 75% will still ensure that voting rights remain at 49%, keeping Thai...
BOT Holds Steady on Interest Rate at 2.5%
Bank of Thailand (BOT) Assistant Governor Piti Disyatat has mentioned that the current benchmark interest rate of 2.5% is resilient...
NCB reports a 15% increase in non-performing loans during the first quarter
The National Credit Bureau (NCB) has announced it recorded a 15% rise in non-performing loans (NPLs) in Q1 2024, driven...
Thailand ranks second in Asia on Global Opportunity Index
The Global Opportunity Index (GOI) evaluates 100 indicators across five categories to provide a comprehensive look at the global investment...
Thailand to host the ‘THAICONIC Songkran Celebration’ from April 10th to 21st 2024
The "THAICONIC SONGKRAN CELEBRATION" in Bangkok from April 10th to 21st will showcase a blend of traditional Thai water-splashing activities...
Thailand’s airlines return to profitability amidst tourism revival
In 2023, Thailand's aviation sector experienced a remarkable recovery, with record profits driven by a resurgence in the country's tourism...
Thailand’s Industrial Output Contracted by 5.1% In 2023
Thailand's industrial output contracted in 2023 due to a slow recovery of the domestic economy, slowdown of trade partners, and...
Thai banks to begin restructuring over 6 million outstanding loans totaling 3.4 trillion baht
Thai banks are in the process of restructuring 6.1 million outstanding loans totaling 3.4 trillion baht to make repayments more...
Thailand inks $2 billion rice export deal with a Chinese company
A Chinese company has signed a contract to purchase 100,000 tons of Thai jasmine rice valued at over two billion...
