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opec extended oil output cut so eic sees some price increase in the latter half of 2017

Thailand, Pakistan, Vietnam among most vulnerable countries to energy shock

Morocco, Thailand, Vietnam and Pakistan are some of the most-affected larger economies, based on energy import and gross domestic product data from the United Nations.
  • March 21, 2022
Big Data

Thailand Receives $164 million Investment from Japanese Data Center Providers

According to a report, Telehouse has recently opened its first data center in Thailand with an investment of $74 million, while NTT Global Data Centers Corporation has invested 3 billion baht to develop its largest data center in Thailand
  • June 9, 2023
temple thailand

Thailand unveils 5 billion baht plan for tourism growth

The Tourism Authority of Thailand (TAT) has announced its plan for fiscal year 2024 with a budget of $144.2 million, which aims to increase off-peak tourism, boost spending per trip by 7%, and distribute income to a greater number of destinations.
  • June 9, 2023
Online Shoppers Thailand

Thai Consumer confidence rose for the 12th consecutive month in May

Spending during the May election helped consumption and confidence was also boosted by better-than-expected economic growth in the first quarter, driven by tourism.
  • June 8, 2023
street life shophouse

Thai Inflation Falls for Fifth Straight Month

Thailand’s inflation rate fell for the fifth straight month in May amid lower electricity and fuel prices. However, experts warned that inflation could rebound due to a possible increase in minimum wages and the upcoming drought season.
  • June 8, 2023
Shanghai skyline

Thailand’s GDP to grow 3.9% in 2023 says World Bank

The EAP region’s GDP is predicted to accelerate to 5.5% in 2023, with a comeback in China balancing sluggish growth in a number of other economies. Growth in the EAP is predicted to drop to 4.6% and 4.5% in 2024 and 2025, respectively, as China’s economy slows and the rest of the region experiences largely stable growth.
  • June 6, 2023
condothonglor

Thai Residential market sluggish on the back of higher interest rates and stricter loans

Unfavourable factors include higher interest rates, increases in expenses related to home purchase, and stricter criteria for approving loans.
  • June 6, 2023
export china cargo port

Thailand’s exports to increase slightly by 1% in 2023

Exports, a major factor in Thai growth, may decline by 5% to 6% in the first half of the year compared to the same period last year before rebounding in the second, the council predicted in a statement.
  • June 6, 2023
Tesla Thailand

Tesla to Open First Service Center in Thailand

The service center in Thailand will be staffed by trained technicians who can perform diagnostics, software updates, battery replacements, and other services for Tesla vehicles.
  • June 3, 2023