Thailand’s Economy Surpasses Expectations as Tourism Rebounds in Q1 2023
Thailand's economy has shown remarkable resilience in the first quarter of 2023, outperforming expectations due to a rebound in the tourism sector. Despite looming political uncertainty following Sunday's elections,...
NH Hotel Group’s share trading suspended as parent company offers to buy outstanding shares
The Spanish stock market regulator, CNMV, has suspended trading of shares in NH Hotel Group SA, just as its Thailand-based parent company, Minor International, announced an offer to buy...
Economists Anticipate Bank of Thailand to Raise Policy Rate to 2% This Month
Economists are speculating that the Bank of Thailand (BOT) is poised to hike its policy rate to 2% this month, following in the footsteps of the U.S. Federal Reserve’s...
Thailand’s Inflation Rate Drops to 16-Month Low Despite Price Hikes
Thailand's inflation rate has reached a 16-month low at 2.67%, according to the Trade Policy and Strategy Office (TPSO). The director of TPSO, Poonpong Naiyanapakorn, stated that the inflation...
Thai Government Aims to Earn 100 Billion Baht from Durian Exports to China
Thailand is banking on its durian fruit to rake in 100 billion baht from exports to China this year. According to Anucha Burapachaisri, spokesperson for the government, the Ministry...
Thai exports expected to grow modestly in 2023
Despite signs of a recovery in exports, the value of Thailand's exports has contracted from the previous year. According to the Thai National Shippers' Council (TNSC), export growth is...
