Thailand’s GDP Grew 2.5% in Q2 With Economy On Recovery Path


Thailand’s GDP Grew 2.5% in Q2 With Economy On Recovery Path

Thailand’s gross domestic product grew 2.5% year-on-year in the second quarter, the National Economic and Social Development Council (NESDC) announced on Monday, continuing its course of recovery from the COVID-19 pandemic, supported by hefty exports and the revival of tourism. After the Thai economy expanded 2.2% in the January-March quarter compared with the same period last…

Thailand’s First Space-themed Hotel in Pattaya


Thailand’s First Space-themed Hotel in Pattaya

Grande Center Point Space Pattaya, a new landmark in the heart of North Pattaya, a city that never sleeps, is Thailand’s first space-themed hotel. Escape the hustle and bustle to explore new leisure experiences in a concept design hotel with a full space theme from the front to the interior and services. Grande Centre Point…

Standard Chartered: Vietnam’s GDP growth will reach 6.7% this year


Standard Chartered: Vietnam’s GDP growth will reach 6.7% this year

In a report released this afternoon, Standard Chartered Bank forecast that Vietnam’s GDP growth will reach 10.8 percent in the third quarter and the bank maintained its GDP growth projection for Vietnam at 6.7 percent for this year. Regarding retail sales growth, the bank projected that it will continue to improve strongly at 30.2 percent…

Travel to Thailand Gets Easier With Scrapping of Entry Pass


Travel to Thailand Gets Easier With Scrapping of Entry Pass

Thailand will end a mandatory pre-travel registration for foreigners and extend the service hours of bars and pubs, as the tourism-reliant nation woos global visitors to fuel its economic recovery. The country’s main Covid-19 task force approved the proposal to scrap the so-called Thailand Pass requirement for overseas tourists, Tourism Minister Phiphat Ratchakitprakarn told reporters…

Thailand To Start Charging An Entry Fee from August


Thailand To Start Charging An Entry Fee from August

Thailand is finally reopening for tourism after two years of consecutive border closures and complex entry restrictions. Even though it is slowly coming out of its shell and allowing more foreigners to visit again, the entry process for Thailand is bound to undergo some permanent changes, as the country intends to start charging an entry…

Toyota set to sign MoU for Thai EV subsidy package


Toyota set to sign MoU for Thai EV subsidy package

Toyota Motor Thailand will sign a memorandum of understanding (MoU) with the Excise Department on Friday to make its future electric vehicles eligible for the government’s price subsidy, the department chief. Excise director-general Lawaron Saengsanit said the signing ceremony would be presided over by Finance Minister Arkhom Termpittayapaisith. Lawaron expressed confidence that other EV manufacturers…

Thailand’s CP Group Interested in Expanding Investment in Vietnam


Thailand’s CP Group Interested in Expanding Investment in Vietnam

Senior Chairman of Thai CP Group Dhanin Chearavanont has pledged to continue to prioritise investment in Vietnam, which he described as the most potential and attractive country in Southeast Asia. At a meeting with Vietnamese Ambassador to Thailand Phan Chi Thanh on April 18, Dhanin Chearavanon briefed the Vietnamese diplomat on the production and business…

TAT Announces Songkran 2022 Festivities in ‘New Normal’


TAT Announces Songkran 2022 Festivities in ‘New Normal’

The Tourism Authority of Thailand (TAT) is hosting “Amazing Songkran 2022 Celebrations” at 10 temples in Bangkok and the “Songkran Music Heritage Festival 2022” in Ayutthaya and Songkhla. It is also supporting other Songkran festivities in Bangkok, Chiang Mai and Samut Prakan. TAT governor Yuthasak Supasorn said this move comes after the government gave the…

Thailand & Vietnam Tighten Ties to Achieve US$25bn in Trade Value


Thailand & Vietnam Tighten Ties to Achieve US$25bn in Trade Value

Thailand and Vietnam have pledged to tighten economic cooperation in a bid to push the value of bilateral trade to US$25 billion by 2025. The resolution was made at a discussion between the Thai ambassador to Vietnam, Nikorndej Balankura, and Vietnam PM Pham Minh Chính in Hanoi. The two met to discuss economic cooperation at…

Nearly 32,000 Vehicles Sold During Bangkok Motor Show


Nearly 32,000 Vehicles Sold During Bangkok Motor Show

Orders were placed for a total of 31,896 vehicles during the 43rd Bangkok International Motor Show which ended on Sunday, the organisers said. Jaturon Komolmit, chief of operations of the Grand Prix International that organised the show at Bitec Bangna, said bookings increased by 14.4% compared to the 2021 motor show. He said a total…