Thailand is backing green technology startups to build a cleaner, smarter, and brighter future. Today’s business trend is that customers are concerned about environmental issues, and organizations that prioritize sustainability will get more support. Thailand, including Bangkok, is making bold moves to support a cleaner and more sustainable future, and it’s doing it through green […]
Green Technology Start-up Read More »
The proposed 36% tariff on US imports of Thai products could pile pressure on the manufacturing sector, with workers likely to bear the brunt, says the Employers’ Confederation of Thai Trade and Industry (EconThai). The rate, scheduled to take effect on Aug 1, is higher than Thailand’s key rivals in Southeast Asia, as a 20%
Thai manufacturers poised to take massive hit from US levy Read More »
Washington, D.C. — On May 11, 2025, the opening day of the SelectUSA Investment Summit 2025 in Washington, D.C., Dr. Nalinee Taveesin, President of Thailand Trade Representatives, led a high-level delegation from both the Thai public and private sectors to the biggest investment conference in the USA. The mission aims to deepen economic cooperation with
Thailand showcases potential as one of Asean”s top investors in the US Read More »
In Southeast Asia, in particular, President Donald Trump’s implementation of a comprehensive tax reform plan in early 2025 has had a profound impact on global investment patterns. Knowing the direct and indirect impacts of this strategy is particularly important for foreign investors, including opportunities in Thailand, especially in Bangkok. Let’s see the direct and indirect
Trump’s 2025 Tax Policy: Direct and Indirect Impacts on Investment in Bangkok Read More »
An increase in the daily minimum wage to 400 baht for all workers in Bangkok will take effect on July 1, the national wage committee said on Tuesday. The 400-baht minimum rate will also apply to workers in most hotels and entertainment venues nationwide. Previously, it was limited to major tourist provinces and to upmarket
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As consumers tighten their budgets, leading sukiyaki restaurants are engaging in a price war to attract customers. This strategy has advantages and drawbacks, while the effect on sales can be uncertain. Local suki giants MK Restaurants and Suki Teenoi are going head-to-head in a battle for diners, as the sluggish economy affects purchasing power and
Sukiyaki battle boils up Read More »
The government on Tuesday welcomed the latest assessment by global credit rating agency S&P Global Ratings, stating that the rating reflected confidence in the country’s economic management. S&P on Monday affirmed Thailand’s credit rating at BBB+ and retained its stable outlook for the country. The agency projected Thailand’s gross domestic product (GDP) growth at 2.3%
S&P credit rating cheers Thai government Read More »
Central Group has spent over 300 million baht on revamping Huamark Center to turn it into a next-generation lifestyle shopping mall. Pong Skuntanaga, head of corporate business development at Central Group, said the primary goal of the investment was to create a vibrant space that meets the diverse needs of people of all ages and
Huamark Center 2.0 making its mark Read More »
Under President Donald Trump, the U.S. administration presented a comprehensive tax policy revision in early 2025 to boost U.S. competitiveness. These adjustments include corporate tax advantages for multinational corporations, repatriation of American money, and increased tariffs on Asian imports. Although these policies are changing worldwide investment patterns, Thailand is reacting proactively by strengthening its position
Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International. The operator is interested in investing in a US$3-5
MGM Resorts urges ‘competitive’ casino tax Read More »