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Foxconn Subsidiary to Invest $306M in Thai Semiconductor Industry
BANGKOK — UNIQUE Integrated Technology Co., Ltd., a subsidiary of Foxsemicon Integrated Technology Inc. (Fiti Group) under the Foxconn Technology Group, has secured approval...
Thai Cabinet Approves 15% Minimum Corporate Tax
The Thai Cabinet has approved two landmark laws to introduce a minimum corporate tax rate of 15%, aligning the nation with the Organisation for...
Thai Economy Set for 2.7% Growth in 2024
Thailand's economy is projected to expand by 2.7% in 2024, driven by a surge in foreign visitors, Prime Minister Paetongtarn Shinawatra announced on Thursday....
Expert Advocates for Reform of Thailand’s Shadow Economy
Bangkok: Thailand’s informal economy, accounting for nearly 50% of the country’s GDP, presents a significant opportunity for reform, according to Thai economist Dr. Anusorn...
Thailand’s Virtual Bank Competition Heats Up with Five Major Bidders
Lede: The competition for Thailand's virtual banking licences has intensified, with five major business groups confirming their interest ahead of the submission deadline. The...
SET Index Jumps 6% on New Government Policies
The Stock Exchange of Thailand (SET) has experienced a notable 6% increase in value this month, driven largely by the new administration's forward-looking economic...
Thailand Urged to Overhaul Tax System to Align with Global Standards
BANGKOK — Finance Minister Pichai Chunhavajira has called for a comprehensive integration of Thailand’s tax system, citing the need to align personal and corporate...
Thaksin Outlines Economic Vision for Thailand’s Recovery
At the "Vision for Thailand 2024" event, former Prime Minister Thaksin Shinawatra presented his economic vision for Thailand, addressing a wide-ranging audience of ministers,...
Energy Absolute Faces Crisis Amid Executive Controversy
Energy Absolute, a prominent Thai renewable energy firm, faces a critical juncture as its newly appointed CEO, Somchainuk Engtrakul, vows to stabilize amidst financial...
Thailand Aims for 7.5% Tourism Revenue Growth in 2025
The Tourism Authority of Thailand (TAT) has set an ambitious target for 2025, aiming for a 7.5% increase in revenue, which would equate to...
BOT Governor Discusses Thailand’s Economic Recovery Challenges
In a frank discussion with local media, Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput acknowledged the slow pace of the country's economic recovery and...
Thailand’s Economic Growth Forecast and Challenges Ahead
Thailand's economic growth trajectory is forecasted to stabilize around the three-percent mark over the coming half-decade, marking a downturn from the approximately 3.5% average...
