thailand

Thailand’s Wage Hike: A Double-Edged Sword?

The government in Thailand plans to raise the daily minimum wage by 14%, reaching 400 baht ($10.88) by October 1.…

6 months ago

Thailand’s Strategic Tax Cut on Alcohol to Revitalise Tourism

In a notable effort to rejuvenate its tourism sector, Thailand has announced a reduction in alcohol tax rates. This policy,…

9 months ago

Japan Automakers Invest $4.3 Billion in Thailand’s EV Future

Major Japanese automotive manufacturers have pledged an investment of 150 billion baht ($4.34 billion) into Thailand over the next five…

11 months ago

Thai Exports Struggle: Western Demand Slumps, China Begins Recovery

Thai exports faced a 4.7% year-on-year (YOY) decline in February 2023, marking the fifth consecutive month of contraction. The drop…

2 years ago