Economy News
Thailand economy news, business updates, financial markets, and government policies—stay informed on economic developments shaping the nation. Get the latest from The Thaiger, your trusted source for Thailand economic news.
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Thailand SEC cracks down on margin loan misuse
The Securities and Exchange Commission (SEC) will initiate a second round of public hearings regarding tighter regulations on margin loans. This comes amid concerns that certain brokerages have allowed margin credit to be utilised for non-investment purposes. Surasak Ritthongpitak, the Assistant Secretary General of the SEC, indicated that forthcoming regulatory amendments will likely prevent securities firms from granting margin loans…
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Thailand’s 157 billion baht stimulus scramble begins
Time is running out for government agencies to grab their slice of a massive 157 billion baht stimulus budget — and if they don’t move fast, the money disappears for good. Today, June 18, Thailand’s Economic Stimulus Committee will review a long list of proposals from ministries scrambling to secure funding before the clock runs out on September 30. If…
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Bangkok workers score 400-baht payday in wage shake-up
Workers in Bangkok are about to get a pay bump — and it’s not just the capital cashing in. From July 1, the minimum daily wage in Bangkok will jump to 400 baht, up from the current 372 baht, according to the national wage committee. The hike will also apply to thousands of hotel and entertainment venue staff across the…
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Cambodia bans Thai fruit and vegetables amid border dispute
In a dramatic escalation of tensions, Cambodia has slapped a ban on all imports of Thai fruit and vegetables following Thailand’s refusal to fully reopen all border checkpoints. The decision, announced today, June 17, comes after weeks of simmering tension between the two countries over unresolved border issues. Lieutenant General Sok Veasna, Director General of Cambodia’s General Department of Immigration,…
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Thailand and US to begin trade tariff talks
Commerce Minister Pichai Naripthaphan has announced that Thailand and the United States are currently in talks, set to initiate technical-level discussions regarding the US tariff regime. Both countries have been actively preparing for these discussions, with the Thai Cabinet approving a negotiation framework last on June 10. On June 7, the US expressed its willingness to engage in talks, a…
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Thailand’s 157 billion baht stimulus budget pending approval
The government’s economic stimulus budget of 157 billion baht is pending final approval this month, while funding requests from various ministries have exceeded 400 billion baht. There is concern over transparency and the economic impact of these proposals, with fears that some projects might serve electoral or specific group interests. The Commerce Ministry requested a budget of 3 billion baht,…
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PM Paetongtarn calls for proactive diplomacy to boost economy
In a bold call for action, Prime Minister Paetongtarn Shinawatra has urged Thai diplomats around the world to take a more proactive approach to support the country’s economy, navigate shifting global dynamics, and maintain peace in the region. Speaking at the closing ceremony of the 2025 annual meeting of Thai heads of missions in Bangkok, Paetongtarn outlined clear strategies for…
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Cambodia’s Hun Sen calls for Thai film ban amid rising tensions
Cambodia is threatening to pull the plug on Thai culture and commerce as tensions with Thailand continue to boil over. Senate President Hun Sen has urged the Royal Government of Cambodia to consider banning Thai films and halting imports of Thai goods, citing rising hostility from Thai extremist groups. The bold remarks were made in a fiery social media post,…
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Thai-Cambodia border tensions rattle SET index
Tensions at the Thailand-Cambodia border have unsettled investors, with the Stock Exchange of Thailand (SET) index declining by 4.8% since May 15. Krungsri Capital Securities (KCS) reported that cross-border commerce disruptions and shaken confidence in sectors linked to Cambodia, such as beverages, food, cinemas, and hospitality, are contributing factors. Carabao Group, which generates 10% of its sales from Cambodia, and…
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Thailand sukiyaki price war heats up as restaurants slash prices
Sukiyaki restaurants are slashing their prices in a fierce battle to attract customers, as tighter budgets and the sluggish economy continue to affect consumer spending. However, while the price war promises short-term gains, its long-term impact on sales and brand perception remains uncertain. Leading the charge are MK Restaurants and Suki Teenoi, two major players in the local sukiyaki scene.…
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5th Thai-Laos bridge to boost trade to over 28 billion baht
The fifth Thai-Laos Friendship Bridge is set to open by the end of the year, boosting cross-border trade to over 28 billion baht. Deputy Prime Minister and Transport Minister Suriya Jungrungreangkit, alongside Lao Deputy Prime Minister Saleumxay Kommasith, attended the concrete pouring ceremony for the bridge connecting Bueng Kan in Thailand and Bolikhamxai in Laos. This development aims to enhance…
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Thailand urged to cut interest rates amid economic challenges
Thailand needs to adopt a more assertive approach in reducing interest rates due to its challenging growth outlook and low inflation, according to Somprawin Manprasert, a candidate for the position of Bank of Thailand (BoT)’s new governor. The benchmark interest rate, currently set at 1.75%, could be reduced by 75 to 100 basis points, Somprawin stated during an interview in Bangkok.…
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Thai coalition parties face economic challenges amid political unity
Thai politics is not at an impasse, but the sluggish economy may impact the future of the main coalition parties, Pheu Thai and Bhumjaithai, according to political economy scholar Kiatanantha Lounkaew. Despite internal tensions, these parties are united in their intent to maintain their coalition status. Kiatanantha, an economics professor at Thammasat University, in a statement shared with Bangkok Post,…
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Krungsri forecast for Thailand economic growth cut to 2.1%
Research by Krungsri has revised Thailand’s economic growth forecast for 2025 to 2.1%, down from an earlier estimate of 2.7%. This adjustment comes amid layered risks, including US trade policy uncertainties and domestic pressures. The government is advised to exercise caution in policy-making while responding effectively to rapidly evolving situations. Pimnara Hirankasi, head of economic research and executive researcher at…
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People’s Party MP slams 26.5 billion baht budget for inequality
People’s Party MP Pukkamon Nunarnan criticised the government’s 26.5 billion baht provincial budget yesterday, arguing that it perpetuates inequality and fails to meet local communities’ needs. During the third day of the debate on the 2026 fiscal budget bill, Pukkamon, also known as “Lisa,” targeted the Interior Ministry’s budget. She asserted that the allocation model demonstrates a lack of power…
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Thai business closures rise 8.3% amid economic concerns
Thailand’s business landscape is facing stormy skies as nearly 4,000 companies shut their doors in just the first four months of 2025 — an 8.3% increase from the previous year, according to the Department of Business Development (DBD). This surge in closures, with a combined registered capital of almost 16 billion baht, has alarmed lawmakers during this week’s heated budget…
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Thai commerce ministry unveils 10 policies to boost exports
Commerce Minister Phichai Naripthaphan led a policy meeting at the Ministry of Commerce in Bangkok, attended by over 200 participants, including directors from the Department of International Trade Promotion and Thai ambassadors to the World Trade Organisation (WTO). The aim was to address challenges in Thai exports and present 10 urgent policies to advance international trade. The meeting saw collaboration…
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Thai PM proposes 3.78 trillion baht budget amid opposition criticism
Prime Minister Paetongtarn Shinawatra submitted a 3.78 trillion baht budget proposal for the fiscal year 2026 to the House of Representatives, initiating a four-day debate with the vote set for Saturday, May 31. The People’s Party criticised the proposal for not addressing current economic challenges, indicating their intention to reject it. Paetongtarn explained that the spending plan was crafted based…
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Double numbers dominate June 1 lottery history
Excitement is building as the Government Lottery Office (GLO) prepares for the June 1 draw, set to take place at The One Convention Hall in Bueng Kan Province. But before the big day, lottery enthusiasts are already analysing a decade of results to uncover fascinating patterns and lucky numbers. From 2015 to 2024, Khaosod Online has tracked government lottery results…
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Thai billionaire passes empire torch to next generation
Thailand’s second-richest man, Charoen Sirivadhanabhakdi, is handing over the reins of his sprawling business empire to his five children as he steps back from day-to-day management. The 81 year old billionaire has transferred ownership of two major listed companies to his offspring, signalling a major shift in the country’s corporate landscape. According to filings made late yesterday, May 26, by…
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Thailand tightens checks on frozen durian imports to boost safety
Agriculture and Cooperatives Minister Narumon Pinyosinwat has directed a thorough inspection of frozen durian imports to Thailand, ensuring they are contaminant-free as part of the ministry’s aims to elevate standards and boost the value of this high-demand product. Narumon has tasked the National Bureau of Agricultural Commodity and Food Standards (ACFS) and the Department of Agriculture with inspecting facilities that…
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Thailand eyes F1 street race to boost tourism and economy
Prime Minister Paetongtarn Shinawatra has indicated promising developments for Thailand as the government continues its pursuit to host a Formula 1 street circuit race in the country. Yesterday, May 24, the PM engaged in discussions with Stefano Domenicali, CEO of Formula One Group, at the Monaco Grand Prix to assess the possibility of organising an F1 race in Thailand. This…
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Thailand’s Visa payments slow despite higher visitor spending
Visa Thailand is experiencing slower growth in Visa card payments by inbound tourists, correlating with stagnant foreign tourist arrivals. Despite this, there has been an increase in spending per visitor, attributed to “higher quality travellers,” according to the card company. During April and May, foreign tourist spending in Thailand using Visa cards increased by 10% year-on-year. This is a decrease…
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PM Paetongtarn pushes UK trade and jobs boost in London talks
Prime Minister Paetongtarn Shinawatra engaged the UK private sector and Thai businesses in London this week to enhance trade, promote a free trade agreement, and boost employment opportunities for Thais. The discussions on Thursday, May 22, centred around increasing the trade value of agricultural and food products and expanding import channels for Thai goods, including lifestyle products. A Thailand-UK Free…
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‘Little Moscow’ boom: Russians fuel Phuket property frenzy
Phuket’s luxury property scene is getting a flashy new address—“Little Moscow.” Tucked in the serene north of the island, Nai Thon Beach is rapidly transforming into Thailand’s next ultra-luxe real estate hotspot, fuelled by foreign money, especially from Russian buyers escaping war and winter. The sleepy seaside village, nestled within Sirinat National Park and just minutes from Phuket International Airport, is…
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Thailand’s Pride Celebration 2025 boosts rainbow tourism economy
Central Pattana Plc (CPN), part of Central Group and operator of Central shopping centres, is reinforcing its dedication to diversity and equality with the launch of Thailand’s Pride Celebration 2025: Pride For All. Nattakit Tangpoonsinthana, CPN’s chief marketing officer, highlighted that the campaign celebrates Pride Month as a recognition of human rights and a strategic element for economic expansion. Thailand’s…
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Bangkok job fair to offer over 600k opportunities next month
The Ministry of Labour will be hosting a significant job fair in Bangkok next month, presenting over 600,000 opportunities across various age groups to enhance national employment and prepare the workforce for future demands. Labour Minister Phiphat Ratchakitprakarn announced that Job Expo Thailand 2025 will take place June 6-8 at the Queen Sirikit National Convention Centre. The event will feature…
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New Thai apps take on delivery giants with just 5-baht fees
Thailand’s motorcycle taxi drivers and street food vendors are getting a long-overdue digital lifeline, thanks to two new low-cost platforms designed to beat big tech at its own game. On Monday, May 19, the Thai Health Promotion Foundation (ThaiHealth) and Chulalongkorn University’s Asia Research Cluster for Social Solidarity and Inclusive Economy unveiled two groundbreaking platforms: “Nong Khoei Ma Thao Rai?” (“Have…
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Robinhood takes over as Foodpanda bows out of Thailand
Thailand’s food delivery game just got a major shake-up — and it’s Robinhood taking the wheel. Yesterday, May 20, Thai-born delivery platform Robinhood announced a strategic redirection agreement with Foodpanda Thailand, as the international giant prepares to exit the country after 13 years of operations. The move, effective immediately, allows Foodpanda customers, restaurant partners, and delivery riders to transition smoothly…
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Krungsri delays new credit lines amid US tariff uncertainty
Companies are delaying the utilisation of new credit lines due to waiting for further clarification on US tariffs following the recent announcement of a 90-day suspension period, as reported by a Bank of Ayudhya (Krungsri) executive. Prakob Phiencharoen, who leads Krungsri’s corporate and investment banking group, stated that the bank is maintaining vigilance over corporate loan demand for the rest…
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