Thailand’s economic recovery remains on track says BoT

Thailand’s economic recovery remains on track, with projected growth of 2.9% in the first half of the year and 4.2% in the second half, according to the Bank of Thailand.

Thailand faces shortage of skilled workers in the digital sector

Thailand faces a significant shortage of skilled personnel in the digital sector, with only 0.58 million experts in digital skills accounting for 1% of the population.

Singapore’s new visa emphasises expertise in AI and alternative food

Starting from Sept. 1, the city-state will introduce point-based criteria called COMPASS (Complementarity Assessment Framework) to evaluate the extent an EP candidate complements Singapore’s workforce.

Kasikorn Research keeps Thai growth forecast at 3.7% for 2023

A stronger than expected recovery in tourism may help offset slowing growth in other segments, says Kasikorn Research. It also forecasts that Thailand will welcome 28.5 million tourists this year, up from the previous estimate of 25.5 million.

Thai exports contracted for the second consecutive month in November

The Commerce Ministry reported on Tuesday that exports dropped for a second straight month in November, blaming the global economic slowdown and China’s lockdown measures.

BoT warns against illegal use of Thai Baht-denominated Stablecoins

It has come to the Bank of Thailand’s attention that a new stablecoin, THT, has been created abroad on the Terra Platform.

Thailand’s internet economy to hit US$53 billion in 2025

New users in Southeast Asia are coming online at a blistering pace, adding 40M new Internet users this year alone compared to 100M between 2015 and 2019 and 70% of the region’s population is now online.