by Teuvo Tuomi | Jun 12, 2024 | Business, Manufacturing, News, Thailand
KKP Research reports that Thailand’s manufacturing production index declined over 15 months between December 2022 and March 2024, despite a global trade recovery. The number of factory closures in the country has been rising since the second half of last year....
by Teuvo Tuomi | May 27, 2024 | Business, Economy, Infrastructure, Investment, News, Thailand, Tourism
In the first quarter of this year, major real estate conglomerates have invested over 56 billion baht into projects in Phuket, Pattaya, and Hua Hin. Prasert Taedullayasatit, president of the Thai Condominium Association, describes the status of the real estate...
by Teuvo Tuomi | May 20, 2024 | Thailand, Culture, Economy, Lifestyle, News
Thailand wants to boost its economy by attracting international filmmakers to its scenic locations. The Tourism and Sports Ministry and the Culture Ministry are promoting these film locations, aiming to generate 7.5 billion baht (US$206.5 million) in earnings from...
by Teuvo Tuomi | Apr 17, 2024 | Economy, News, Thailand
The Thai Chamber of Commerce expects Thailand’s GDP for the second quarter of 2024 to likely exceed 3% and continue to perform well for the remainder of the year, citing the disbursement of the budget and the growing tourism sector as positive factors. There are...
by Teuvo Tuomi | Jan 31, 2024 | Thailand, Economy, News, Travel
Thailand’s Ministry of Transport has allocated about 390 billion baht to fund transportation projects to create a seamless transportation system in Thailand. According to the Transport Ministry, the transportation projects for this year include 64 projects set...
