Business
The most recent updates on business in Thailand, finance, and economic developments, along with insights and analyses of both Thai and global markets.
New business registrations at a 10-year high in 2023
Thailand experienced a significant surge in new business registrations in 2023, driven by economic recovery, government stimulus measures, and large-scale...
Thailand 2024 Consumer Outlook
Consumer spending in Thailand is expected to grow in 2024 as the economy recovers. High debt levels and interest rates...
PM Srettha urges ASEAN to increase minimum wages
Thai PM urges ASEAN to prioritize clean energy, education, healthcare, and fair business practices over low labor cost.
Thailand approves second phase of EV subsidies for 2024 to 2027
Thailand aims to produce Zero Emission Vehicles (ZEVs) to account for at least 30% of the total motor vehicle production...
Great Wall Motor (China) begins EV production in Thailand
Chinese automaker Great Wall Motor (GWM) is set to expand its electric vehicle business in Asean with the launch of...
Bangkok’s 20-Baht Metro Plans Face Uncertainty
Bangkok's commuters want a 20 baht metro fare, but it is facing financial, infrastructure, and operational challenges.
Deals of 2023 : TikTok $1.5 billion deal to relaunch online shopping in Indonesia
TikTok invests $1.5 billion in GoTo, merging TikTok Shop into Tokopedia, with plans to restart online shopping in Indonesia.
Thailand plans to invest 34 billion baht (US$970 million) to position itself as a production hub for electric vehicles
The country's commitment to sustainability and economic growth has led to a substantial budget allocation of $970 million to support...
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