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Thailand economy

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Thai Legalization Advocates Rally as Government Moves Toward Cannabis Ban

Thai Legalization Advocates Rally as Government Moves Toward Cannabis Ban

By Sebastian Strangio
Late last week, a drug control committee approved a proposal to relist the drug as a narcotic by the end of the year.
China’s BYD Opens EV Factory in Thailand, Expanding Regional Presence

China’s BYD Opens EV Factory in Thailand, Expanding Regional Presence

By Sebastian Strangio
The factory is the Chinese automaker's first in Southeast Asia, where it already dominates the fast-growing market for electric vehicles.

Will Thailand’s Continued Political Instability Hamstring Its Economic Recovery?

Will Thailand’s Continued Political Instability Hamstring Its Economic Recovery?

By Sebastian Strangio
Three high-profile political court cases threaten to push the country into a new cycle of domestic political conflict.

Looking At Demographics, Thailand’s Minimum Wage Hike Makes Sense

Looking At Demographics, Thailand’s Minimum Wage Hike Makes Sense

By David Hutt
The country's shrinking workforce is primarily a problem for consumption, not production.

Thai Cabinet Formally Approves Bid For BRICS Membership

Thai Cabinet Formally Approves Bid For BRICS Membership

By Sebastian Strangio
Bangkok says that membership would help boost the country's global economic and political profile.
Thailand’s Showdown Over Interest Rates, Explained

Thailand’s Showdown Over Interest Rates, Explained

By James Guild
The economic rationale of the Bank of Thailand, and the political incentives of the current government, have been at odds since the COVID-19 pandemic.

Does Thailand’s Plan to Finance Its 500 Billion Baht Stimulus Make Sense?

Does Thailand’s Plan to Finance Its 500 Billion Baht Stimulus Make Sense?

By James Guild
Prime Minister Srettha Thavisin's government has struggled to fund its massive "digital wallet" stimulus program.
Thailand-EU Free Trade Pact On Track for Completion in 2025, Thai PM Says

Thailand-EU Free Trade Pact On Track for Completion in 2025, Thai PM Says

By Sebastian Strangio
Srettha Thavisin is acting as a roving economic salesman on state visits to France and Germany this week.

How China’s EVs are Taking Thailand by Storm

How China’s EVs are Taking Thailand by Storm

By Li Xirui
Chinese automakers have succeeded in the Thai market by adopting comprehensive localization strategies.

Debt-stricken Sri Lanka Signs a Free Trade Pact With Thailand

Debt-stricken Sri Lanka Signs a Free Trade Pact With Thailand

By Bharatha Mallawarachi
The two countries have agreed to promote investment in areas such as fisheries, food processing, tourism, and green energy.

Thailand’s Stimulus Program on Schedule for May Launch, PM Says

Thailand’s Stimulus Program on Schedule for May Launch, PM Says

By Sebastian Strangio
There is still a lack of clarity about the government's plans to take out foreign loans to fund the $14.3 billion scheme.
Thailand and China to Introduce Visa-Free Travel From March

Thailand and China to Introduce Visa-Free Travel From March

By Sebastian Strangio
The move extends makes and permanent a temporary visa waiver that the Thai government introduced in September.

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