Tag: Economy
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…]
Thai Baht Fluctuation Predicted Amid Key Economic Meetings
BANGKOK (NNT) – The Kasikorn Research Center (KResearch) has indicated that the Thai baht is expected to fluctuate within the range of 36.65-36.85 baht per [Read More…]
Thai Government Introduces Destination Visa for Digital Nomads and Long-Term Workers
On May 28th, 2024, Thai Government spokesperson Chai Watcharong announced new visa issuance measures and guidelines to promote tourism and stimulate Thailand’s economy following a [Read More…]
Thailand has escaped recession: economic body
The economy has avoided a technical recession, with the National Economic and Social Development Council (NESDC) reporting on Monday that the country’s economy in the [Read More…]
Thai Baht on the verge of weakening amid poor economic indicators
In the wake of lackluster economic performance, the Thai Baht is anticipated to undergo a period of depreciation, as experts weigh in on the implications [Read More…]
