Thailand is losing attractiveness to foreign investment and facing increasing competition and challenges to tourism recovery. Thailand’s declining attractiveness in attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are putting pressure on the country’s current account surplus, which is still below pre-pandemic levels, BMI, a Fitch Solutions company, said. Once…
Thailand is officially entering the rainy season. Tropical cyclones accompanied by heavy downpours are expected in August and September. The Thai Meteorological Department announced the end of the summer season on 20 May and the official start of the rainy season. Heavy rains are expected in Thailand in August and September, coinciding with the predicted…
The Thai government is interested in developing an aviation hub, promoting the tourism industry and visa-free agreements. The Thai government is keen to turn the kingdom into an Asian aviation hub and intends to hold talks with European countries on mutual visa exemption, the Bangkok Post reported, citing a statement by Prime Minister Settha Thaisin….
Admiral declares navy readiness in response to Cambodian exercises near disputed island. The head of the Royal Thai Navy, Admiral Jirapol Wongvit, emphasized that the Navy is fully prepared to defend Thailand’s sovereignty. He stated that any invasion of Thai territory would be immediately repelled. The statement followed reports of planned live-fire exercises by Cambodian…
Koh Muang Phet’s giant white albino buffalo has become the centre of attention in Thailand, attracting interest as a symbol of the country’s soft power and tourist attraction. Thai News Agency reported that a giant albino buffalo worth more than 18 million baht (US$500,000) was brought to meet Prime Minister Seththa Thawisin at Government House….
NIDA poll: the majority of Thais oppose the legalization of casinos and online gambling, as well as a referendum on the subject in Thailand According to a survey conducted by the National Institute of Development Administration of Thailand (NIDA), most of the country’s citizens oppose the government’s plans to build an entertainment complex with a…
Thailand has successfully tested a multilingual alert system for emergencies such as natural disasters, artificial accidents or criminal incidents. Thailand’s leading telecommunications company, True Corporation, has successfully conducted the first test of its new emergency notification system, Cell Broadcast Service (CBS). This represents a significant step forward in improving public safety and the country’s disaster…
The Thai authorities have announced new limits, rules, and criteria for VAT refunds for tourists starting 1 January. The Thai government has unveiled updated rules on VAT refunds for tourists. The new rules, effective from 1 January, expand the conditions for refunds and increase the maximum refund amount, The Nation reported. The rules concern the…
Thailand has decided to cut off Internet and phone service to northeastern Myanmar to protect itself from more than 30 call centres in the region. Thailand’s National Broadcasting and Telecommunications Commission has decided to cut off internet and telephone connections to northeastern Myanmar for security reasons, reports Business News Thailand. Shwe Kokko is a town…
Shinawatra said she wanted to return to government on Friday following the Constitutional Court’s ruling on the controversial case. Suspended Thai Prime Minister Peathongtarn Shinawatra expressed confidence that she will soon return to office, she told a cabinet meeting on Tuesday, expressing hope that she will resume government work as early as Friday, when the…
