Economy news of Thailand

Thai Airways International and its wholly owned subsidiary Thai Smile Airways will merge following creditor approval, THAI CEO Chai Imsiri said.

The Budget Bureau and the Thai Ministry of Finance have scheduled a meeting to discuss possible changes to the budget bill for the next fiscal year.

Thailand, aiming to become a global electric vehicle (EV) manufacturing hub, is making it easier for European and other foreign battery electric vehicle.

Promises to lower energy bills may prove difficult to keep, two senior energy sector officials said.

The Thai banking community is worried about the populist policies of the new coalition government, led by the Forward Party, which could lead to a widening budget deficit.

Thailand's economy continues to show strong growth, proving its ability to overcome economic challenges. 

Following the victory of the Progressive Democratic Party Move Forward in the May 14 general election, the National Economic and Social Council (NESDC) expects the next government to present concrete strategic plans to improve Thailand's export sector.

In light of pledges by some Thai political parties to raise the minimum wage, there have been fears that foreign investors could move their manufacturing bases from Thailand to other countries. 

Thailand's 3-day Plastic & Rubber Exhibition 2023, which ended Sunday, was hailed as a success with a focus on sustainable plastics, rubber and the latest digital green solutions.

Thailand's Consumer Confidence Index (CCI) rose for the 11th consecutive time in April, reaching its highest level in 38 months, thanks to positive factors such as increased tourism and election campaigns. 

Thailand's farmers are calling on the next government to help alleviate their debt crisis, driven largely by high production costs. 

Таиланд продолжает активно работать над привлечением иностранных инвестиций, и в этот раз страна обратила свой взгляд на Южную Корею.