Escalating conflict in the Middle East affects exports and has a negative impact on Thailand’s economy both directly and indirectly. Escalating conflict in the Middle East is negatively affecting Thailand’s economy both directly and indirectly, the Bangkok Post reported, citing a statement by Punpong Nayyanapakorn, head of the Trade Policy and Strategy Office. The Strategic…
Residents of Thailand’s resort island of Phiphi have suffered from freshwater shortages for more than two months due to drought, which has damaged tourism massively. The resort island of Phiphi in Thailand’s Krabi province is again facing freshwater shortages despite similar incidents occurring over the past few years during the high tourist season. Residents of…
In return for Chinese investment, the Thai government has pledged to subsidise buyers of Chinese electric vehicles up to $2,800 China, which already dominates exports of electric vehicles, has been given a further boost to the industry. An agreement has been reached with the Thai government that will make Chinese-made cars more affordable for consumers…
Thailand’s prime minister is attracting investors to build Bangkok’s tallest building – a supertower taller than Dubai’s Burj Khalifa. Thai Prime Minister Settha Thavisin said on social network X on Friday that a group of investors led by Dubai’s largest property developer is in talks to build a mixed-use tower in Thailand that could compete…
Affluent tourists from Europe and Russia have filled resorts in Thailand’s southern provinces, causing accommodation prices to rise, already exceeding 2019 levels. Longer stays by European visitors in the first quarter fuelled a surge in accommodation revenue in Thailand’s southern provinces. Room prices set a new record despite a small number of Chinese tourists, the…
On Tuesday, Chiang Mai, the capital of northern Thailand’s Chiang Mai province, topped the list of cities with the world’s dirtiest air due to fine dust. On the morning of 9 April, Chiang Mai topped the list of cities with the world’s dirtiest air as thick smog continued to linger over Thailand’s northern region. Chiang…
Phuket authorities propose designating the province as a particular administrative region to collect and distribute tax revenue independently. Phuket’s governor has proposed designating the island province as a particular administrative region to gain more authority over tax collection and budget allocation. This would allow Phuket to develop on par with Bangkok and Pattaya regarding the…
In places where the Thai New Year Songkran celebrations take place, a complete ban on the sale and consumption of alcohol for the entire holiday period is being imposed in Thailand. During the Thai New Year celebrations – Songkran festival to be held next month, Thailand is introducing strict rules banning alcohol in places of…
Thailand is among the top three countries in the Asia-Pacific region for fraud and financial scams due to the proliferation of smartphones and mobile payments. According to Google’s Bad Apps 2023 report, Thailand was among the top three countries in the Asia-Pacific region to experience a significant spike in Google’s financial fraud last year. ‘There…
Toyota has launched electric songtaews in Pattaya for testing ahead of mass production of electric Hilux pickup trucks by 2025 Toyota Motor Thailand has launched a public transport pilot project in Pattaya featuring nine all-electric Hilux Revo pickup trucks. The initiative demonstrates the Japanese automaker’s growing efforts to compete with Chinese companies, which have significantly…