Commerce suspends collection of rent from over 2,000 stalls for 3 months
Commerce Ministry suspends rental fees for 2,083 shops and stalls, part of government's economic stimulus. Encourages other ministries to follow suit. Markets with reasonably...
Digital Wallets Poised to Spark Economic ‘Whirlwinds,’ Says Thai Finance Minister
Thai government launching a digital wallet scheme with 10,000-baht stipend for 45 million eligible citizens, aiming to boost economy and consumer spending.
Extend GHB mortgage period up to 85 years to help house buyers
Finance Minister instructs Government Housing Bank to increase mortgage period to 85 years, raise credit lines, and boost capital to help more home buyers...
Thai economy continued to expand in the second quarter (BoT)
Thai economy expands in Q2 but slows in June due to decline in foreign tourists, exports, and production. Private consumption stable, inflation decreases, current account surplus higher.
Ethnic minorities register for Digital Wallet scheme
Ethnic villagers travel long distances to register for digital wallet scheme in Chiang Mai due to lack of internet access and illiteracy. Assistance is...
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...
