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Thailand economy
From jewelry to apps: Gold-loving Thais shift to digital platforms for trading

From jewelry to apps: Gold-loving Thais shift to digital platforms for trading

Millions of Thais are trading gold through digital platforms, often without ever seeing the metal, as demand for bullion soars.
Thailand’s border trade grows 6%

Thailand’s border trade grows 6%

Thailand to implement global minimum corporate tax of 15% from 2025

Thailand to implement global minimum corporate tax of 15% from 2025

Thailand expects to collect global minimum corporate tax from Jan 2025

Thailand expects to collect global minimum corporate tax from Jan 2025

Thailand expects to implement a global minimum corporate tax of 15% on multinational companies from January 2025, its finance minister said on Friday.
December 14, 2024 | 04:54 pm PT
Thailand to give $289 cash handout to senior citizens in January

Thailand to give $289 cash handout to senior citizens in January

Some 4 million senior Thai citizens will each receive 10,000 baht (US$289) in cash in late January before the Lunar New Year as part of Thailand's digital wallet handout scheme.
November 19, 2024 | 11:16 pm PT
Thailand eyes sending more workers to Singapore

Thailand eyes sending more workers to Singapore

Thailand’s Ministry of Labor is planning to export more workers, particularly those in the shipyard sector, to Singapore.
November 4, 2024 | 03:06 am PT
Thailand's $14B cash handout delights its poorest

Thailand's $14B cash handout delights its poorest

Thailand's citizens have warmly welcomed a 10,000 baht (US$300) cash subsidy per person from the country's largest-ever handout program, valued at US$14 billion.
October 13, 2024 | 03:00 pm PT
Thailand's flooding damage reaches $800M

Thailand's flooding damage reaches $800M

The flooding in northern Thailand has been the most severe in the past 80 years and impacted the economy by as much as THB27 billion (US$811.9 million), the Federation of Thai Industries (FTI) has reported.
September 17, 2024 | 02:00 am PT
Quiz: Which is the most competitive economy in Southeast Asia?

Quiz: Which is the most competitive economy in Southeast Asia?

The country distinguished itself in the 2024 World Competitiveness Ranking, excelling in business efficiency, labor market conditions, management practices, attitudes and values, and technological infrastructure.
September 3, 2024 | 03:06 pm PT
Bad debts in housing hinder Thailand's economic growth​

Bad debts in housing hinder Thailand's economic growth​

Thailand’s economic cabinet has directed the Finance Ministry and the Bank of Thailand (BoT) to expedite addressing household debt, particularly bad debts in housing, cars, motorcycles, credit cards and student loans as the economy has yet to see clear signs of recovery.
July 17, 2024 | 06:31 pm PT
Thai citizens to receive cash in $13.8B stimulus scheme

Thai citizens to receive cash in $13.8B stimulus scheme

Thailand will finance a THB500 billion (US$13.8 billion) household handout scheme using the 2024 and 2025 budgets after an inter-agency committee on Monday gave its approval to the funding plan, a deputy finance minister said.
July 16, 2024 | 12:28 am PT
Thailand trims 2024 growth forecast despite strong Q1, as weak exports weigh

Thailand trims 2024 growth forecast despite strong Q1, as weak exports weigh

Thailand trimmed its economic growth forecast for 2024 on Monday despite a better-than-expected expansion in the January-March quarter, saying exports were projected to increase at a slower pace than previously thought due to external risks.
May 20, 2024 | 03:40 pm PT
Thai central bank minutes show economy expanding, uncertainty remains

Thai central bank minutes show economy expanding, uncertainty remains

Thailand's economy is projected to grow at a faster pace in 2024 than 2023 supported by private consumption and tourism, but uncertainties remain, minutes, opens new tab of the Bank of Thailand's April 10 monetary policy meeting showed on Wednesday.
April 23, 2024 | 07:57 pm PT
Thai business group keeps 2023 growth forecast at 2.5%-3.0%

Thai business group keeps 2023 growth forecast at 2.5%-3.0%

Thailand's economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.
December 6, 2023 | 02:23 am PT
Thailand's $14B digital handout an antidote to economic 'crisis': PM's advisor

Thailand's $14B digital handout an antidote to economic 'crisis': PM's advisor

Thailand's new government will use its controversial digital handout plan to spend its way out of what it calls an economic "crisis" without making any major cutbacks or hitting its credit ratings, a senior government advisor said.
November 14, 2023 | 06:24 pm PT
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