Thai News - Thailand Business News
WEBSeptember 26, 2024. September 25, 2024. September 28, 2024. September 27, 2024. September 24, 2024. Thailand Business News is a comprehensive news service about Thai News with a business and financial perspective edited in Bangkok by Siam News Network.
Thai Businesses Threatened by Heavy Local Rainfall
WEB1 day ago · Key takeaways. Heavy rains have caused significant damage, with losses in Chiang Rai and nearby provinces estimated at 25-27 billion baht, and potential 2024 losses projected at 46.5 billion baht (0.27% of GDP). Nine storms are expected in the Pacific, but it’s unclear how many will affect Thailand. Historically, about 10% enter the country.
Thailand Approves Latest Economic Relief Package for Businesses
WEBApr 7, 2021 · On March 23, 2021, Thailand’s government approved its latest economic relief package, valued at 350 billion baht (US$11.2 billion), to support businesses in the country. Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will go towards an ‘asset warehousing’ program ...
Thailand launches first stage of its USD 14 billion stimulus plan
WEB3 days ago · A A. The Thai government has announced a USD 14 billion stimulus plan to boost the country’s economy. The plan is being implemented in phases, with the first phase already underway. The plan is set to enable 45 million individuals to each receive 10,000 baht, which is anticipated to boost economic activity.
Strong Baht Challenges Thailand’s Budget-Friendly Appeal
WEB3 days ago · The Thai baht has recently appreciated, increasing the cost of traveling to Thailand for visitors due to less favorable exchange rates. This rise in value is linked to the US Federal Reserve’s decision to reduce interest rates. On September 23, 2024, the baht opened at 32.92 per US dollar, making currency exchange more costly for travelers.
Transforming Thailand’s Capital Market: From Challenges to ...
WEBJun 25, 2024 · by PR Desk and The Securities and Exchange Commission Thailand. Thailand’s economy has faced challenges from political instability, global conflicts, and the pandemic. However, recent improvements show resilience and growth potential, with positive trends in the stock market and investment incentives promoting long-term …
Stock Exchange of Thailand releases new plan to attract more …
WEBJun 8, 2024 · A A. The Stock Exchange of Thailand (SET) has unveiled a new strategic plan targeting foreign enterprises operating in Thailand and family-owned businesses. SET’s Strategic Plan The Stock Exchange of Thailand (SET) has unveiled a new strategic plan for 2023-2025, aiming to boost the Thai capital market by attracting foreign industries, family ...
Thailand's Ministry of Finance expects 3.5 to 4.5% economic …
WEBDec 3, 2021 · BANGKOK (NNT) – The Ministry of Finance is now projecting an economic rebound to 4.5% growth next year, with government investments serving as key drivers. The Minister of Finance says the government will focus more on inclusive growth next year, with no sectors left behind. Minister of Finance Arkhom Termpittayapaisith has outlined the ...
Thailand’s Economic Revival and Investment Opportunities
WEBJun 29, 2023 · A A. Thailand’s GDP outlook is expected to grow between 2.7-3.6 percent in 2023, an increase from 2.6 percent in 2022. Economic growth will be boosted by a recovering tourism industry and improving private consumption. Southeast Asia’s second-largest economy was in a severe recession in 2020 due to the pandemic.
FDI Drive Thailand’s Investment Up 59% says BOI
WEBMar 5, 2022 · The Thailand Board of Investment (BOI) announced that the combined value of foreign and local applications for investment promotion in 2021 totaled 642.7 billion baht (ca. US$19.5 billion), an increase of 59%, boosted mainly by foreign direct investments (FDI) in tech sectors and a continued increase in the value and number of projects in Bio …