Tag: Economy
Thai PM Launches Economic Recovery Project
BANGKOK, Oct 16 (TNA) – Prime Minister Paetongtarn Shinawatra on Wednesday launched an economic recovery project aimed at reducing expenses, increasing income, and expanding opportunities [Read More…]
Bank of Thailand closely monitoring the strengthening of the baht
The Bank of Thailand (BoT) is closely monitoring the strengthening of the baht, particularly as it continues to rise against the U.S. dollar. This appreciation [Read More…]
Minimum Wage Hike to 400 Baht Delayed Indefinitely Due to Bank of Thailand Issues
On September 23rd, 2024, Labor Minister Phipat Ratchakitprakarn addressed the recent delays in the Minimum Wage Board meetings. Thai Labor Ministry Plans 400 Baht Minimum [Read More…]
Thais keep their cars longer due to the economy
Thais are less likely to buy new cars because of the sluggish economy, says Differential (Thailand) Co Ltd, a provider of data analytics, technology and [Read More…]
Thai Economy Faces Continued Challenges Amid Weak Demand and Flood Damage
Thailand’s economy continues to grapple with challenges, marked by sluggish domestic demand and significant slowdowns in the second quarter of 2024. Chiang Mai’s Used Car [Read More…]
Chinese Companies Eye Struggling Thai Bus and Restaurant Sectors for Expansion, Thai Business Owners Concerned
On August 10th, 2024, Thai business insiders reported that several local bus operators are facing severe financial difficulties, with rising costs and continued losses forcing [Read More…]
Thai Restaurant Industry Faces Over 50% Drop in Spending
On July 31st, 2024, Mr. Sorathep Rojpotjanaruch, the Chairman of the Thai Restaurant Business Association, revealed that the restaurant industry has faced a significant drop [Read More…]
Chiang Mai’s Used Car Market Stalls in Economic Woes
CHIANG MAI, July 8 (TNA) – Chiang Mai’s used car dealerships struggle to survive amidst economic woes and price wars. Thai Prime Minister Srettha to [Read More…]
