Bank of Thailand keeps policy interest rate at 2.50 percent

The Bank of Thailand has announced that it will maintain the policy interest rate unchanged at 2.50 percent.

Thai Stock Market: An Attractive Opportunity for Family Businesses

Family businesses play a significant role in the Thai economy, accounting for 57 percent of listed companies and contributing 39.3 percent of the country’s GDP in 2022.

Chinese Visitor Arrivals Still Below Pre-Covid Levels

Thailand has introduced a visa waiver program for Chinese tourists in an effort to boost the economy, but Chinese tourists Arrivals still lag Pre-Covid levels.

Fitch keeps Thailand’s ratings (IDR) unchanged at ‘BBB+’ with a Stable Outlook

Fitch forecasts Thailand’s GDP growth will accelerate to 3.8% in 2024 after a weaker expansion than expected of 2.8% in 2023, supported by a steady tourism recovery, strengthening merchandise exports, higher domestic demand from public spending, and supportive policy settings.

Thailand Records Over 22 Million Foreign Tourists in past 10 months

The top five source countries for tourists were Malaysia, China, South Korea, India, and Russia. Authorities believe that the number of arrivals will continue to increase as the visa-free policy attracts visitors with high potential.

A Decade of China’s Belt and Road Initiative

The BRI has been described as the largest and most ambitious international cooperation initiative in history, with an estimated investment of over $1 trillion and involving more than 140 countries.

Why so many Thais were killed in Israel?

Thailand experienced the highest number of casualties among foreign nationals during the unexpected killing out by Hamas gunmen on October 7, which caught Israel by surprise.

Sluggish Chinese tourists’ influx hurts Thailand economy

According to the Bank of Thailand, tourism contributed about 18% of Thailand’s GDP in 2022