Growth in East Asia and Pacific (EAP) is projected to decline to 4.8 percent this year, as a slowdown in China offsets faster growth in several other large economies. Growth in EAP is then expected to continuing softening, to 4.2 percent in 2025 and 4.1 percent in 2026, This article was originally published here: Global Growth to Stabilize for the First Time in Three Years ..read more

The Tourism Authority of Thailand will host the "TAT Skill Factory" workshop on June 15-16, 2024, to enhance the skills of tourism workers. This initiative aligns with the "Ignite Tourism Thailand" policy, which seeks to establish Thailand as a premier global tourism destination and boost revenue. This article was originally published here: “Ignite Tourism Thailand: TAT Skill Factory” to upskill workers in tourism sector ..read more

The World Bank has significantly lowered its GDP growth projection for Thailand in 2024, from an initial estimate of 3.2% to a revised figure of 2.4%. This marks a further reduction from their April forecast of 2.8%. This article was originally published here: World Bank cuts GDP growth forecast for Thailand to 2.4 ..read more

Foreign investors have been consistently selling Thai shares worth 24.4 billion baht for 13 consecutive trading days from May 21 to June 10, 2024, due to high uncertainty in Thai politics, according to the Stock Exchange of Thailand. This article was originally published here: Thai Stocks Plummet to four-year low amidst Judicial Turmoil ..read more

The Monetary Policy Committee voted 6 to 1 to maintain the policy rate at 2.50 percent, reflecting confidence in the economy's convergence to its potential and macro-financial stability. This article was originally published here: Bank of Thailand holds key interest rate unchanged at 2.50 ..read more

The Minister of Finance has revoked Zipmex's digital asset business licenses owing to financial instability and insufficient management. Clients are advised to reclaim their assets through official channels or by contacting the SEC. This article was originally published here: Zipmex’s digital asset exchange and broker licenses revoked (SEC News ..read more

The approved measures, effective from May 1 to November 30, 2024, are multifaceted, targeting both businesses and individual travelers. This article was originally published here: Thailand Approves Tax Incentives to Stimulate Domestic Tourism ..read more

According to GlobalData's 2023 Financial Services Consumer Survey, more than 92% of Thai consumers have made online purchases in the last six months, with only 4% indicating that they have never shopped online. This article was originally published here: Thailand’s e-commerce market is expected to grow by 13.7% in 2024 ..read more

The Thai government aims to boost economic growth to 3% by increasing foreign arrivals, accelerating fiscal budget disbursement, and urging private investment. This article was originally published here: Thai government aims to boost economic growth to 3 ..read more

The Royal Thai Police (RTP) has achieved significant progress in a seven-month operation targeting online fraud. This effort led to the apprehension of over 14,000 individuals involved in call center scams, investment fraud, and illegal online gambling operations. This article was originally published here: Thousands detained as Thailand ramps up cybercrime suppression campaign ..read more