BOI approves 209.5 billion baht (US 6.2 billion) of projects, raises incentives for EV battery makers
So far, a total of 16 projects, with a combined investment value of 4.82 billion baht, by 10 different companies, have been granted promotion benefits for investments in the manufacture of EV batteries
Thailand Cuts 2022 GDP Outlook to 3.5% Over Russia-Ukraine War
The tourism-dependent country is on track to receive 6.1 million foreign visitors this year, but below the 7 million projected earlier due partly to the impact of China’s travel restrictions and the Ukraine conflict on Russian tourist numbers.