Thai News - Thailand Business News
WEBAug 30, 2024 · Countdown is on to Asia Fruit Logistica. by Pr News. August 30, 2024. Thailand Business News is a comprehensive news service about Thai News with a business and financial perspective edited in Bangkok by Siam News Network.
Food delivery and ride-hailing sales hits $5bn in H1
WEB9 hours ago · A A. The first half of 2024 has been a remarkable period for Thailand’s online food delivery and ride-hailing services, with the combined gross merchandise value (GMV) hitting an impressive US$5 billion. This milestone is a testament to the country’s rapid digital transformation and the growing consumer demand for convenience and efficiency.
Fewer Than 40 Million Will Receive Handouts in Thailand
WEB2 days ago · Thailand anticipates under 40 million sign-ups for its digital wallet scheme, distributing 10,000 baht to 14.5 million vulnerable individuals starting September 25, as part of a 450 billion baht stimulus program. BANGKOK (Reuters) — Thailand anticipates that fewer than 40 million people will enroll in its digital wallet initiative.
Thailand Set to Raise Minimum Wage to Nearly $12 a Day Starting …
WEB2 days ago · Thailand will raise its nationwide minimum wage to THB400 (US$11.7) per day starting October 1, 2024, despite concerns from businesses. The decision was confirmed by Labour Minister Phiphat Ratchakitprakarn after consultations and a study by the Ministry of Labour. The increase will apply to companies with at least 200 employees, with measures ...
Thailand to strengthen regulations on foreign businesses
WEBAug 15, 2024 · BANGKOK (NNT) – The Department of Business Development (DBD) in Thailand is intensifying its efforts to enforce laws governing foreign businesses, ensuring fair competition for Thai entrepreneurs. Auramon Supthaweethum, the Director-General of the DBD, has confirmed the department’s commitment to working closely with law enforcement to ...
Thailand’s Foreign Investment Hits 71.7 Billion Baht in Early 2024
WEBJun 29, 2024 · From January to May, an influx of investments totaling 71.702 billion baht was recorded in the Thai economy due to new foreign business registrations in the country according to a Thai Governement press release. Japan positioned itself as the leading country in the region regarding foreign investment, with an investment amount of 40.214 billion baht and 84 newly arrived firms.
Thailand BOI reports 43% Investment surge Driven by Large FDI …
WEBFeb 10, 2024 · Thailand’s investment applications surged by 43% in 2023, reaching a five-year high of USD 24 billion, driven by large foreign investments in priority sectors and the relocation trend in key industrial sectors. Foreign Direct Investment (FDI) in Thailand soared by 72% in 2023, with significant contributions from countries like China ...
Stock Exchange of Thailand releases new plan to attract more …
WEBJun 8, 2024 · SET’s Strategic Plan The Stock Exchange of Thailand (SET) has unveiled a new strategic plan for 2023-2025, aiming to boost the Thai capital market by attracting foreign industries, family businesses, and new economy companies. Key Objectives The plan focuses on three key objectives: attracting foreign industries with operations in …
Thailand’s Economy Exhibits Encouraging Trends
WEBAug 19, 2024 · The Thai Industries Sentiment Index (TISI) rose to 89.3 points in July, marking its first increase in four months. This growth is attributed to increased demand for food, medicine, and cosmetic products, according to the Federation of Thai Industries (FTI). The uptick follows a significant low of 87.2 points in June, reflecting ongoing economic ...
Thailand’s economy lags behind peers with protracted recovery
WEBApr 3, 2024 · A A. Thailand’s economy is facing a significant slowdown, growing only 1.9 percent last year, in stark contrast to its Southeast Asian neighbors. Key Takeaways. During 2023 the Thai economy only grew 1.9%, while other neighboring countries like Indonesia, and Vietnam achieved a GDP growth of 5.5% and the Philippines 5.6%.
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