Monday, November 25, 2024

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Economics

Politicking and profits block path to recriminalising ganja in Thailand

The battle over cannabis in Thailand's Parliament has stalled plans to recriminalize or regulate it further. Legalization has led to a growing industry, but...

BOI sees strong growth in investment promotion applications in H1 2024

BOI sees 35% increase in investment promotion applications in 2024, totaling 458.36 billion Baht. Focus on electronics, automotive, agriculture.

Thailand to offer investment incentives for makers of hybrid vehicles

Thailand BOI offers investment incentives for hybrid vehicle manufacturers with lowered excise taxes until 2032. Country aims to become key hybrid producer and attract...

S&P Global names 41 Thai companies in sustainability ranking

Here is a summary of the content in 30 words: The Stock Exchange of Thailand announces 41 Thai companies recognized with S&P Global Sustainability Awards,...

Cabinet maintains current electricity and diesel prices

The Cabinet approved to maintain electricity price at 4.18 baht/unit for households and businesses until December. Diesel price will remain at 33 baht/litre until...

IMF updates Thailand’s GDP growth forecast for this year to 2.9%

IMF raises Thailand's GDP growth forecast to 2.9%, global growth remains at 3.2% this year and 3.3% next year. Concerns about inflation and trade.

Is there room for further cuts in EV prices

Chinese EV manufacturers dominate Thailand's market with discounts angering existing customers. Japanese automakers retreat, while the EV industry grows, raising concerns for local car...

SEC starts public hearing on prohibiting digital assets as means of payment

Here is a summary of the content in 30 words: The SEC is seeking public feedback on proposed rule changes to allow digital assets as...

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