Alcohol sale ban at airports on Buddhist holidays to be lifted
Thailand will lift the ban on alcohol sales on five Buddhist holidays at certain airports to boost tourism. Discussions are underway regarding lifting the...
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...
400 baht national minimum wage not yet resolved by wage committee
The tri-partite wage committee in Thailand is unable to finalize the 400-baht national minimum wage until receiving proposed rates from provinces by July 31st....
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. 📉🏦
The three top foreign buyers of condo units in Thailand
Chinese, Russian, and Myanmar nationals purchased 14,500 Thai condominium units worth 73 billion baht in 2021. Foreign demand is increasing, especially in Phuket, prompting...
Transforming Thailand’s Capital Market: From Challenges to Opportunities
Thailand's economy, despite facing domestic political instability, global conflicts, and the pandemic, has shown resilience and growth potential. The stock market indicates a positive...
Global Growth to Stabilize for the First Time in Three Years
Global economy stabilizing in 2024 at weaker level compared to pre-COVID decade. 80% of world to experience slower growth. Regional variations exist.
Leveraging the value of the elderly workforce in corporations
Companies recognize the strengths of hiring elderly workers for their valuable experience. Many companies in Thailand, like Tropicana Oil, Cafe Amazon, Lotus, and HomePro,...