by Teuvo Tuomi | Mar 15, 2025 | Economy, Investment, News, Reports, Thailand
Strategists warn that a boost from gold prices won’t be enough to protect Thai baht as tariff risks and interest-rate cuts start to bite. The baht is up around 1.2% against the dollar this year, more than double the gain of other main Asian currencies. A key reason is...
by Teuvo Tuomi | Mar 2, 2025 | Culture, Entertainment, News, Philippines, Thailand
Thailand’s plan to legalize casinos is a “big threat” to the Philippines’ gaming sector, which would face fierce competition from a tourism giant. According to Alejandro Tengco, president and CEO of Philippine Gaming and Amusement Corp. (Pagcor), says the gaming...
by Teuvo Tuomi | Feb 25, 2025 | ASEAN, News, Thailand, Trade, Vietnam
Vietnam and Thailand have agreed to facilitate trade, expand market access, and work to achieve a bilateral trade target of US$25 billion soon. This commitment was made during talks between Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn and Thai...
by Teuvo Tuomi | Feb 20, 2025 | Business, Economy, Manufacturing, News, Thailand
Thailand’s factory closures are accelerating nationwide. For the past two years, an average of at least 100 businesses have shuttered their doors each month, according to data from the Kasikorn Research Center (KResearch). The forecasts suggest closures will continue...
by Teuvo Tuomi | Feb 18, 2025 | Business, Economy, News, Thailand
Gross domestic product expanded by 2.5%, the Office of the National Economic and Social Development Council (NESDC) said. This is lower than the 2.7% forecast as the manufacturing and agriculture sectors contracted. The figures come after the current government...
by Teuvo Tuomi | Feb 7, 2025 | Business, Economy, Inflation, News, Thailand
Thailand’s inflation grew 1.32% year-on-year in January, making it the 10th consecutive monthly rise. Higher fuel costs and food and beverage prices drove the increase. According to Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office...
