Thailand’s Finance Minister has expressed concerns over the country’s economic growth potential, which is currently projected at 3% for 2024. This rate is deemed unsatisfactory, especially when compared to regional peers. The government aims to implement several stimulus measures to boost the economy, focusing on public spending, tourism, and exports. Economic Challenges and Government Response […]
Thailand Targets Indian Market with Organic Rice and Farm Products
The Department of International Trade Promotion (DITP) has announced a strategic initiative to enhance Thailand’s agricultural exports to India. By promoting organic rice and high-value farm products under the “Thailand Pavilion” at the “World Food India 2017” exhibition, Thailand aims to capitalize on the growing demand for premium agricultural products in India. India’s expanding economy […]
AirAsia Launches Bangkok Suvarnabhumi-Hat Yai Route, Enhancing Domestic Connectivity
AirAsia has announced the launch of a new domestic route connecting Bangkok Suvarnabhumi and Hat Yai, aiming to enhance travel convenience between Thailand’s capital and southern cities. This strategic expansion underscores AirAsia’s commitment to strengthening its domestic network and providing efficient travel options. The new route is expected to cater to the growing demand for […]
Cambodia’s Fisheries Gain Global Attention: CAPFISH-Capture Project Drives Sustainable Change
PHNOM PENH — At this year’s National Fish Day on July 1, Cambodia celebrated a critical milestone in its fisheries sector, highlighting the ongoing success of the CAPFISH-Capture project, a five-year initiative aimed at promoting sustainable and responsible fisheries. As global interest in resource sustainability intensifies, Cambodia’s efforts, led by international and national collaborations, represent […]
Thai Economy Set for Growth Surge in Late 2024, Says Central Bank
The forecasted growth of Thailand’s economy in the latter half of 2024 is not merely a sign of recovery but a strategic positioning by the nation’s stewards. The central bank’s deliberate measures and forward-looking policies are designed not just to stimulate, but to strategically elevate Thailand’s stature on the global economic chessboard. This anticipated growth […]
The Mastery of Real Estate Domination in Phuket
. In the strategic game of power and wealth, Phuket emerges as a battlefield where the astute and cunning invest heavily in the sands of opportunity. This real estate boom, masked by the allure of paradise, is not merely about acquiring land but about securing influence and power in a region ripe for economic domination. […]
Thailand Sets Ambitious 3% Economic Growth Target: An In-depth Analysis
On June 25, 2024 ,In a significant strategic move, Thailand’s Finance Minister, Pichai Chunhavajira, has set forth an ambitious goal to achieve a 3% economic growth rate this year. The plan hinges on enhancing key sectors that are crucial for the country’s recovery and sustained growth, including public spending, tourism, and exports. To facilitate this, […]
Thailand’s Export Growth Driven by Four Key Fruits
On June 24, 2024 thailand’s strategic focus on exporting durian, mangosteen, longan, and mango in May led to a 7.2% rise in exports, totaling 960.22 billion baht. Durian exports saw significant growth, increasing to 83.059 billion baht. Mangosteen, longan, and mango also contributed to a diversified export strategy, reducing reliance on a single product. Anticipating […]
Thailand’s Same-Sex Marriage Bill: A Strategic Economic Move
On June 24, 2024 Thailand’s consideration of a same-sex marriage bill represents a significant step forward in both social policy and economic strategy. The recent approval of this bill by Thailand’s senate could pave the way for the country to become the first in Southeast Asia to legalize same-sex marriage. This move is anticipated to […]
Thailand’s Exports Surge: A Summer Success Story
Thailand has reported a significant 13% increase in exports of summer-related products, reaching US$1.27 billion in the first quarter of 2024. The surge is credited to the government’s strategic trade initiatives and free-trade negotiations led by Prime Minister Srettha Thavisin. Notably, Thailand’s ice cream and air-conditioners have become especially popular globally, with the country now […]