Thailand News

Thailand Embraces Green and Worker-Friendly Office Spaces: A Trend Set to Shape the Future

Thai businesses are transitioning to green, worker-friendly office spaces, influenced by global trends towards sustainability and technology integration. This shift aims to attract...

Thailand's Border Trade Sees a 6% Surge: A Closer Look at the Driving Forces

Thailand's border trade has grown by 6%, driven by increased demand for Thai consumer goods and better economic conditions. Key exports include diesel, refined petroleum products, ...

Economic Slowdown and Tight Auto Loans Lead to a 25% Drop in Thailand's Luxury Car Sales in 2024

Thailand's luxury car sales dropped by 25% in 2024 due to economic slowdown and stricter auto loan conditions. The decline also affected the pickup truck segment, marking the lowes...

Thailand's Office Space Supply Set to Surge by 1.1 Million Square Metres Amid Oversupply Concerns

Thailand's office space supply is expected to grow by 1.1 million square metres in three years, amidst concerns of oversupply and falling demand. Colliers Thailand highlights poten...

Thailand Joins Global Movement with 15% Minimum Corporate Tax Starting 2025

Thailand announces a 15% minimum corporate tax starting 2025, aligning with the Global Minimum Tax framework to curb tax competition. This move follows the OECD's guidelines and mi...

Thailand Emerges as Asia's Luxury Branded Residences Hub

Thailand leads Asia's luxury branded residences market with a 23.3% share, driven by destinations like Phuket and Bangkok. The sector has grown at a 11% CAGR, with 43,100 new units...

Thailand's Central Bank Maintains Key Interest Rate at 2.25%: A Strategic Pause or a Sign of Future Cuts?

Thailand's central bank maintains key interest rate at 2.25%, a decision following a surprise cut in October. Economists widely expected this move, with forecasts pointing towards ...

Thailand Dominates Asia's Branded Residences Market: Insights and Trends

Thailand leads Asia's branded residences market with a 23.3% share, experiencing 11% growth in 2024. Bangkok and Phuket dominate, followed by the Philippines and South Korea. Luxur...

Thailand Plans to Enforce Global Minimum Corporate Tax from 2025

Thailand plans to enforce a global minimum corporate tax from January 2025, following the OECD's new regulations. The current corporate tax rate in Thailand is 20%, but companies r...

Thailand's Average Employee Salary Projected to Surge by 5% in 2025

Thailand's average employee salary is projected to grow by 5% in 2025, influenced by factors like performance and market competitiveness. The survey highlights increased short-term...

Thailand's Consumer Confidence Rises: Stimulus Measures and Tourism Boost

Thai consumer confidence increased for the second month in November, driven by government economic measures and tourism. The consumer index rose to 56.9, reflecting growing economi...

Thailand's Cabinet Approves Measures to Alleviate Household Debt

Thailand's cabinet has approved debt support measures including interest suspensions and reduced principal payments to help tackle household debt, according to Prime Minister Paeto...

Thailand's Digital Durian Initiative: Empowering Farmers with Technology

Thailand's Digital Economy Promotion Agency launches the OTOD Digital Durian initiative to engage over 6,100 durian farming households in adopting digital platforms for recording c...

Thailand's Generous Handout: $289 for Senior Citizens in January

Thailand's government is launching the second phase of its US$14 billion stimulus program in January, targeting senior citizens with a cash handout of 10,000 baht each. This initia...

Thailand's Hotel Sector Booms as Tourism Rebounds

The resurgence of Thailand's tourism industry has sparked significant interest from foreign investors in the country's hotel sector. According to a recent report by Colliers Intern...