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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Sponsored How to reduce out-of-pocket medical expenses in Thailand?
Managing medical expenses in Thailand is important as healthcare costs continue to rise. The country’s healthcare system includes both public and private options, but even with the Universal Coverage Scheme (UCS) for citizens, many still face high out-of-pocket medical expenses....
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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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Phuket Port to transform into cruise and cargo hub
The Deputy Minister of Finance, Phaophum Rojanasakul, visited the Phuket Port Improvement Project in Wichit subdistrict, Mueang district, Phuket province, yesterday, May 2. The project aims to enhance the port’s capacity to accommodate large cruise ships and stimulate tourism in the Andaman region. The Treasury Department is overseeing the transformation of the Phuket Port into a tourism and cargo hub.…
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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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