Month: February 2024
- Business News
Thailand’s manufacturing sector set to rebound by 2024 despite 2023 contraction
Despite the economic slowdown causing a 5.1% contraction in Thailand’s Manufacturing Production Index (MPI) last year, it is expected to rebound in 2024. The forecasted improvement comes in response to an increase in the export of industrial products, which grew by 3.22% in December, marking the third consecutive month of growth, according to Warawan Chitaroon, the director-general of the Office…
Read More » - Thailand News
Thailand’s tourism sector remains stable despite court ruling, says TCT president
The Tourism Council of Thailand (TCT) president, Chamnan Srisawat, has reassured that the Constitutional Court ruling will not destabilise the government or the country’s tourism sector. He confidently stated that international tourism demand would remain unaffected unless there was severe violence. Chamnan credited Prime Minister Srettha Thavisin’s government with beneficial tourism-driving initiatives, such as visa-free travel for high-potential markets. Despite…
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