The EV Board approved measures to promote investment in battery cell production and energy storage systems, attracting leading battery manufacturers to invest in Thailand. This article was originally published here: Thailand Strengthens EV Support Program to Promote Battery Innovation ..read more

In June 2022, Thailand made a significant decision by removing cannabis from its narcotics list, establishing itself as a pioneer in the cannabis industry in Asia. This article was originally published here: Thailand’s Cannabis Rush: A Budding Opportunity Amidst Regulatory Changes ..read more

Thai billionaires, including CP patriarch Dhanin Chearavanont, are among the top names on the list, with Dhanin's net worth estimated at $12.5 billion, making him the highest-ranked Thai billionaire at 159th globally. This article was originally published here: Twenty-six Thais listed on Forbes’ global billionaires list ..read more

The decline in car production is attributed to a combination of different factors such as increase in imported electric vehicles (EVs) and a decrease in the production of pickup trucks, among others. This article was originally published here: Thailand’s car production declined by 19.3% in February ..read more

Thailand's economy is characterized by a mix of state-owned enterprises and family-owned conglomerates. These entities often cross over multiple industries, creating a complex network of interrelated businesses that can stifle competition and innovation. This article was originally published here: Uncovering the Oligopoly and Monopoly Market Structure in Thailand’s Economy ..read more

Thailand’s Prime Minister, Srettha Thavisin, met with 22 CEOs of major French companies during his bilateral visit to France. They explored business opportunities in sectors such as automotive, aviation, clean energy, fashion, sports, hospitality, and tourism. This article was originally published here: Thailand and France aim to bolster their economic collaboration ..read more

Among the many players in the Thai e-commerce scene, three stand out as the most influential and dominant: Lazada, Shopee, and Central. These platforms have different strategies, strengths, and challenges, but they all share a common goal: to capture the loyalty and trust of Thai shoppers. This article was originally published here: How Lazada, Shopee, and Central Are Shaping Thailand’s E-commerce Landscape ..read more

Convenience stores in Thailand have one of the highest shares of the packaged grocery market of any country globally with over one-third of all sales going through the channel . This article was originally published here: The Battle for Convenience: 7-Eleven, Tesco Lotus, and Family Mart ..read more

Starting next year, companies in Singapore hiring foreign professionals will need to pay higher minimum salaries to qualify for work visas, with the minimum monthly salary for an employment pass being raised to SG$5,600. This article was originally published here: Singapore to increase minimum salary requirement for work visas ..read more

The China-Laos high-speed rail project is seen as crucial for transforming Thailand's Northeast into an economic center of the Greater Mekong Subregion. This article was originally published here: Northeast Thailand: An Emerging Economic Hub fostered by The China-Laos high-speed rail project ..read more