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Expert Advocates for Reform of Thailand’s Shadow Economy

Bangkok: Thailand’s informal economy, accounting for nearly 50% of the country’s GDP, presents a significant opportunity for reform, according to Thai economist Dr. Anusorn Thammajai. The shadow economy's exclusion from official calculations results in inaccurate GDP data, complicating economic planning and policy-making. Dr. Anusorn, Dean...

Thailand’s Virtual Bank Competition Heats Up with Five Major Bidders

Lede: The competition for Thailand's virtual banking licences has intensified, with five major business groups confirming their interest ahead of the submission deadline. The Bank of Thailand and the Ministry of Finance will issue an unspecified number of licences, with the winners set to...
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SET Index Jumps 6% on New Government Policies

The Stock Exchange of Thailand (SET) has experienced a notable 6% increase in value...

Thaksin Outlines Economic Vision for Thailand’s Recovery

At the "Vision for Thailand 2024" event, former Prime Minister Thaksin Shinawatra presented his...

Energy Absolute Faces Crisis Amid Executive Controversy

Energy Absolute, a prominent Thai renewable energy firm, faces a critical juncture as its...

Thailand Aims for 7.5% Tourism Revenue Growth in 2025

The Tourism Authority of Thailand (TAT) has set an ambitious target for 2025, aiming...

BOT Governor Discusses Thailand’s Economic Recovery Challenges

In a frank discussion with local media, Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput...

Thailand Boosts Investment in Data Centres and Cloud Services

The Board of Investment (BoI) is accelerating efforts to boost investment in data centres...

MPC Maintains Policy Interest Rate at 2.50%

The Monetary Policy Committee (MPC) has voted 6 to 1 to maintain the policy...

Bank of Thailand Maintains Policy Rate at 2.50%

In a recent decision, the Bank of Thailand's Monetary Policy Committee (MPC) voted six...

Thailand Implements Measures to Boost Economic Growth to 3%

The Thai government has unveiled three immediate measures to bolster the nation's economic growth...

Finance Ministry Urges Strict Enforcement of Land Tax Law

The Finance Ministry has called on local governments to rigorously assess underutilized land plots...

Thailand Prepares Global Minimum Tax Bill for Approval

The Finance Ministry is set to present a global minimum tax bill to the...

Food/Drink events calendar

Government Pushes for Fresh Sugarcane Harvest to Combat PM2.5 Pollution

BANGKOK — In a bid to tackle PM2.5 pollution, the government is considering a...

Paetongtarn Scraps 15% VAT Proposal Amid Public Criticism

BANGKOK — Prime Minister Paetongtarn Shinawatra has abandoned a controversial proposal to increase Thailand’s...

True Corporation Tackles Human-Elephant Conflict with Smart Tech

PRACHUAP KHIRI KHAN — True Corporation has partnered with Kui Buri National Park to...

Blacktip Reef Sharks Spotted in Record Numbers at Maya Bay

KRABI — Over twenty blacktip reef sharks, including adults and juveniles, were observed feeding...