by Teuvo Tuomi | Nov 3, 2024 | Bangkok, Economy, News
According to property developer Sena Development, more than half of Bangkokians find it difficult to purchase a house as their monthly salary is less than 30,000 baht (883 USD), while property prices have continued to rise. The company’s managing director, Kessara...
by Teuvo Tuomi | Sep 25, 2024 | Business, Economy, Manufacturing, News, Thailand, Transportation
The manufacturing and sales of vehicles in Thailand fell by more than 20.56% in August compared to last year, the Federation of Thai Industries (FTI) reports. Surapong Phaisitpattanapong, advisor and spokesman of FTI’s automobile club, says 119,680 vehicles were...
by Teuvo Tuomi | Jul 12, 2024 | Business, Economy, News, Thailand
Thailand’s GDP growth is unlikely to increase in the second half of this year as anticipated by the Bank of Thailand (BOT), according to the chairman of the National Economic and Social Development Council (NESDC), Mr. Supavud Saicheua. Supavud says the...
by Teuvo Tuomi | Jul 5, 2024 | Economy, Business, Inflation, Infrastructure, Innovation, Investment, News, Thailand, Tourism, Trade
Thailand’s economic growth potential is expected to hover around 3% for the next five years, according to Bank of Thailand governor Sethaput Suthiwartnarueput. This is a decline from closer to 3.5% reported in the years before the Covid-19 pandemic. Many households in...
by Teuvo Tuomi | Jun 20, 2024 | News, ASEAN, OECD, Thailand, Trade
The OECD Council has unanimously decided to commence the accession process with Thailand. Thailand has now attained the status of an OECD Accession Country. Joining the 38-nation group would enable Thailand to play a more prominent role on the global stage and elevate...
