Thailand Business News
Thailand Business News is a comprehensive news service about Thailand with a business and financial perspective edited in Bangkok by Siam News Network
World Bank downgrades Thailand’s growth outlook to 2.4% due to declining exports
The World Bank has lowered Thailand's 2024 GDP growth forecast to 2.4% from 2.8%, due to weaker exports and public investment. However, private consumption,...
Amazing Beach Life Festival promotes Thailand during this green season
The Amazing Beach Life Festival highlights Thailand's appeal during the green season, offering unique beach experiences, cultural activities, and eco-friendly initiatives to boost tourism. Experience...
Committee Suspends Digital Wallet Budget for Further Review
Budget for digital wallet stipend program suspended due to concerns of potential violations to state fiscal and financial discipline act.
Thailand has welcomed 17.5 million foreign tourists in the first half of the year
Thailand received 17.5 million international visitors in the first six months of the year, marking a significant tourism boost. This influx generated substantial revenue...
Strengthening Regional Interconnectivity: The Sino-Thai Railway Project
Thailand is developing a high-speed rail project connecting Bangkok with the Laos-China railway, reducing travel time and enhancing regional connectivity as part of China's Belt and Road Initiative. The Pan-Asian rail network involving Thailand, Laos, and Malaysia could transform infrastructure and trade in the region.
China’s Economic Challenges During Xi Jinping’s Tenure
China's economic challenges include a struggling real estate sector and a shift towards high-tech industries. President Xi Jinping's focus on national security and skepticism...
TAT organises ‘Eco-Discovery in Amazing Thailand’ event to promote responsible tourism
TAT's 'Eco-Discovery in Amazing Thailand' event encourages sustainable travel, highlighting eco-friendly destinations and experiences, fostering responsible tourism practices in Thailand. TAT's Eco-Focused Initiative
The Tourism Authority...
World Bank cuts GDP growth forecast for Thailand to 2.4%
World Bank & UOB downgrade Thailand's 2024 GDP forecast to 2.4% due to slow export recovery & global economic uncertainties. 📉🏦