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Almost 10 million foreign tourists have visited Thailand this year, generating 391 billion baht in revenue, deputy government spokesperson Traisulee Traisoranakul said on Saturday.Tourist arrivals between January 1 and May 15 totalled 9.47 million, Traisulee said. Most were from East, South, and Southeast, she added.The ...

The Commerce Ministry pledges to handle agricultural production and price management, especially for cassava and palm oil, as the income guarantee scheme for these crops was not extended, awaiting the new government’s policy. Udom Srisomsong, deputy director-general of the Internal Trade Department, said the agency has ...

Thailand is actively promoting its pioneering role in the regional energy transition in the context of a strong energy transition wave emerging globally.Speaking at the opening ceremony of the Future Energy Asia and Future Mobility Asia Summit on May 17, Veerapat Kiatfuengfoo, Deputy Permanent Secretary ...

Thai voters backed radical reform at last Sunday’s general election, handing victory to the Move Forward Party, a youth-oriented party advocating for wholesale changes to the nation’s bureaucracy, economy, military and monarchy. The election result comes as the country is pursuing plans to move from a ...

Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy. The influx of visitors — totalling 6.5 million in the first quarter of 2023 ...

Thailand wants to conclude free-trade agreement (FTA) talks with the European Free Trade Association (Efta), Sri Lanka and the United Arab Emirates (UAE) by the middle of next year to improve trade and investment. The Thai-Sri Lankan FTA is of particular interest in terms of location, ...

Thai household debt rose to 15.09 trillion baht at the end of last year, after a 180-billion baht increase in the fourth quarter of 2022.However, the debt-to-gross domestic product (GDP) ratio saw a marginal quarter-on-quarter decline from 87% to 86.9% in the fourth quarter of ...

Local economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed’s funds rate has already peaked.According to ttb analytics, the research centre of TMBThanachart Bank (ttb), the central bank’s Monetary Policy ...

More than two million Thais who registered for early voting began casting their ballots Sunday ahead of next week’s general election, with opposition parties projected to win a majority. The vote is taking place amid an intensifying struggle for power in Thailand. The May 14 election ...

Thailand’s general election on May 14 will see a 52-million electorate vote for their next government. This is what you need to know:Parliament and the pollThailand’s Parliament consists of 250 appointed senators in the Upper House, and 500 MPs in the Lower House, also known ...