Thailand ranks 101st in global corruption index

According to Transparency International’s 2022 Corruption Perceptions Index, Thailand’s ranking in terms of perceived levels of corruption increased by 9 spots, moving up from 110th in 2021 to 101st out of 180 nations.

Domestic demand and tourism key drivers for CLMV economic recovery

SCB EIC expects stronger CLMV economic growth in 2023, despite a global economic slowdown, yet remains below its pre-pandemic potential Domestic demand and tourism will be key drivers for CLMV economic recovery in 2023.

JD.com to cease operations in Thailand and Indonesia

Local websites showed JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month. Both units will stop taking orders on February 15.

Industries to Watch Out for Growth in Southeast Asia in 2023

Southeast Asia, or the ASEAN (the Association of Southeast Asian Nations) region as more commonly referred to in Asia, is among the fastest-growing regions in the world. According to the Asian Development Bank (ADB)

Finance Ministry Maintains 2023 GDP Growth Outlook at 3.8%

The Ministry of Finance is maintaining its economic growth outlook for 2023 at 3.8%, helped by a rebound in tourism and domestic demand, but exports are still expected to slow down this year.

Why China isn’t about to save Thailand’s economy yet

Analysts believe that while China’s reopening may help Thailand’s economy expand, it won’t be enough to return growth to pre-pandemic levels just soon.

Thailand-EU free trade talks to resume in March

If the resumed talks lead to an agreement, Thailand will become the third ASEAN country to have an FTA with the EU, after Vietnam and Singapore.

Thailand Beats 2022 Tourism Target With 11.15 million Foreign Arrivals

The figure was higher than expected and represents a significant improvement for Thailand’s crucial tourism sector, which had been severely hampered by the pandemic’s rigorous entrance and quarantine regulations.