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 | Jul 3, 2024 | Tourism, Economy, Lifestyle, News, Thailand, Travel
Thailand’s Cabinet confirms that all duty-free shops in the arrivals areas of Thai airports will be closed to boost domestic spending. Deputy government spokesperson Rudklao Suwankiri says the move would promote Thailand as a shopping hub and stimulate the...
by Teuvo Tuomi | Jul 1, 2024 | Food & Drinks, Business, Lifestyle, News, Technology, Thailand
Thailand exported over 220,000 tonnes of canned tuna in the first five months of 2024 with a value of 979 million USD, up 19.4% in volume and 13.4% in value, compared to the same period last year. Factors for the surge of Thai canned tuna exports this year are lower...
by Teuvo Tuomi | Jun 26, 2024 | ASEAN, Art, Culture, Indonesia, Lifestyle, Media, News, Philippines, Society, Southeast Asia, Thailand
Streaming giant Netflix has set its focus this year on highlighting works by creators from Southeast Asia through recent and upcoming projects on its over-the-top (OTT) platform. Southeast Asian films and series have fared consistently well on Netflix, with some even...
by Teuvo Tuomi | Jun 25, 2024 | Thailand, Bangkok, News, Reports, Tourism, Travel
Koh Samui is the best island and Bangkok the best city in Asia Pacific, according to Travel+Leisure, a leading travel and lifestyle magazine. The awards were based on votes from Travel+Leisure readers between January and March 2024. Samui Airport ranked fourth among...
by Teuvo Tuomi | Jun 24, 2024 | Bangkok, Infrastructure, Investment, News, Thailand, Tourism
Thailand’s Cabinet has asked the Interior Ministry to amend the Condominium Act by increasing the foreign ownership limit from 49% to 75% and to amend the Land Act by allowing foreigners to lease land for 99 years, up from the current 50. However, although...
