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65 articles
MGM Resorts urges ‘competitive’ casino tax
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 […]
Bangkok-Butterworth train service to resume by July Please
A passenger takes a photo with a train on a platform at Krung Thep Aphiwat station in Bangkok on Jan 3. (Photo: PR SRT Facebook account) Thailand and Malaysia will revive a train line between Bangkok and Butterworth in the next three months following a pledge by their leaders to expand transport links. Transport Minister […]
Himel Unveils Global Growth Strategy in Bangkok
Himel hosted its first global distributor conference since 2019 in Bangkok, spotlighting innovation, market expansion, and sustainability to power future growth across 60+ countries. BANGKOK – Himel, a globally acclaimed manufacturer and supplier of electric products, convened its first global distributor conference in Bangkok since 2019, bringing together distributors from over 40 countries. The event […]
Data centre service market to expand 8%
Thailand’s data centre services market is projected to grow by 8% this year to 12.7 billion baht, driven by rising demand for greater processing power to support companies’ adoption of artificial intelligence (AI) and enlarged data storage. The finance, wholesale and retail, and healthcare sectors are taking the lead in data centre service demand, according […]
Don Mueang airport preps for 700,000 Songkran travellers
Don Mueang international airport expects about 700,000 passengers to pass through its portals during the Songkran holiday, up10% on last year. Airports of Thailand Plc (AoT) president Kerati Kijmanawat said on Wednesday that Don Mueng airport was ready to handle the influx. Don Mueang airport director Wichit Kaewsaitiam said the peak period for workers returning […]
More than 50 Thai ESG X funds planned for May unveiling
The Association of Investment Management Companies (AIMC) announced the establishment of more than 50 Thai ESG Extra (ESG X) funds from over 20 member companies on May 2, with expectations for new liquidity of more than 20 billion baht flowing to the Thai stock market. The association anticipates roughly half of the maturing long-term equity […]
Thai February exports jump 14%, beating forecast
Thailand’s exports rose for an eighth consecutive month in February and more than expected, the Commerce Ministry said on Friday, although uncertainty over US trade policy is clouding the outlook for the remainder of the year. Exports, a key driver of Southeast Asia’s second-largest economy, jumped 14.0% in February from a year earlier, above a […]
Thai economy to grow slightly above 2.5%, recovery uneven, BoT minutes show
Thailand’s economy was seen growing by slightly more than 2.5% this year, less than earlier expected, the minutes of the Bank of Thailand’s (BoT) Feb 26 monetary policy meeting showed on Wednesday, with economic recovery becoming more uneven. At the meeting, the BoT’s monetary policy committee voted 6-1 to cut the one-day repurchase rate by […]
Thailand launches new investment fund to bolster stock market.
The initiative aims to stabilise the domestic stock market amid global economic uncertainties sparked by US trade policies The Cabinet has approved the launch of the “Thai ESG Extra” fund, designed to encourage investment in sustainable and high-growth equities through substantial tax incentives. This initiative aims to support Thailand’s domestic stock market amid global economic uncertainty. Investors […]