5 million tourists from China expected to visit Thailand

The Tourism Authority of Thailand (TAT) has revealed that the overall number of tourists from East Asia has diminished significantly. However it still expects 5.4-million Chinese tourists to choose Thailand as their travel destination. Srisuda Wanapinyosak, TAT’s executive director of East Asia Regions, reported that the number of tourists from China, Japan, South Korea, Taiwan, […]

MAS shares hit record low after #MH370 jet disappearance

Shares of Malaysian Airline System (MAS) hit a record low on Monday after a Boeing 777 operated by the airline went missing over the weekend. Shares in the ailing national airline fell almost 18 percent at the open, but regained some ground to be at 23 sen per share at 0123 GMT. MAS posted a […]

Entreprenurship: Supporting, buying local OTOP products

One Tambon One Product (OTOP) entrepreneurship program is very popular among lower income and Thais in the rural areas. In the Thai language, “tambon” is the local district-level government entity. The grassroot-based program aimed to support the locally made products of each tambon. The OTOP program encourages village communities to improve the local products’ quality and […]

Thailand’s Economic Fallout

Thailand announced a slump in trade figures on Tuesday with the biggest drop in imports in more than four years in January, as months of anti-government protests extended their economic toll beyond falling tourism numbers. The protesters, whose disruption of a general election this month left Thailand in political limbo, aim to topple caretaker Prime […]

Thailand Political Crisis Hurting the People, Economy

The worsening conflict is beginning to take a toll on the country’s economy, with Thailand’s currency falling to a fresh three-year low of 32.82 baht to the dollar in early trading Thursday. The Finance Ministry’s Fiscal Policy Office on Thursday lowered its economic growth forecast for 2014 to 4.0% from 5.1%, but warned that growth […]

What Will Happen to Thai Economy if Election was Postponed?

The strengthen and momentum of the Thai economy has weakened considerably since the start of the protest in early November 2013. The Ministry of Finance has conceded Thai economic growth will deteriorate to less than 3% GDP in 2013. I believe the Thai economy will “at best attain” a 2.8% GDP growth in 2013. Furthermore, […]

Lucrative business deals for New Zealand, Thailand

Yingluck Shinawatra welcomed New Zealand Prime Minister John Key to Bangkok. The New Zealand leader was on a 2-day visit, accompanied by a team of corporate captains. Recommended Read: Thailand is New Zealand’s 10th largest trading partner  

Doing Business in Thailand

The World Bank has ranked Thailand in the 18th spot as the easiest in economy in a global report called “Doing Business 2014“. The World Bank has ranked #Thailand in the 18th spot as the easiest in economy in the world http://t.co/lUuDKOd5n2 pic.twitter.com/SQxdCh7Kur — Areva Aamy (@ArevaAamy) October 30, 2013      

Yingluck’s visit to Mukdahan and Nakhon Phanom

Prime Minister Yingluck Shinawatra visited Mukdahan and Nakhon Phanom provinces in light with the developments of the two provinces. She participated in discussions with the provincial government, and was briefed about the strategic progress of the people. Recommended Read: Naga Fireball in Nong Khai  

China, Thailand on strategic cooperation in region

  China and Thailand have charted the course for their future cooperation, so as to further develop the bilateral relations. A joint document issued on Friday said Chinese Premier Li Keqiang‘s ongoing visit to Thailand is of milestone significance to further deepen the China-Thailand comprehensive strategic cooperative partnership. The two countries agreed that their relations have […]

Thailand is Switzerland’s 2nd largest trading partner

Thai Prime Minister at a formal gathering of Swiss and Thai business leaders. Yingluck Shinawatra said Switzerland is a major market for Thailand’s exports gems and jewelry, clothes and home decoration items, becoming Thailand’s second largest trading partner in Europe and the ninth in the world.

Business lunch in Switzerland

The Thai government is considering to restore free trade agreement (FTA) talks with Switzerland, the second largest trading partner of the Thai economy in Europe. Prime Minister Yingluck Shinawatra told Thai News Agency of the plan, after her meeting with Thailand’s private sector association in Switzerland on Monday, in which Thai Deputy Prime Minister and […]

Yingluck’s European tour starts with Switzerland

Switzerland and Thailand have enjoyed close relations for more than 80 years. Thailand is home to Asia’s largest Swiss expatriate community and is a favorite destination for Swiss tourists. Recommended read: CNN iReport Switzerland is the first stop on Thai Prime Minister Yingluck’s trip through Europe, from where she will continue to Italy.  

Boosting China-ASEAN ties through Thailand

Thai Prime Minister Yingluck Shinawatra was invited to attend the opening ceremony of the tenth China-ASEAN Expo and the China-ASEAN Business and Investment Summit. Chinese Premier Li Keqiang on Monday called on Thailand to continue play a positive role in boosting China-ASEAN ties. He met with Yingluck in Nanning, the capital of south China’s Guangxi […]

Foreign investments to improve quality of life in Thailand

The Democrat Party has criticized Prime Minister Yingluck Shinawatra of making trips to other countries.  Whether the Democrat Party and the Opposition Leader is out of ammunition to attack the Government on national issues is immaterial, though it seems that they are grasping at straws. Yingluck has this to say: The visits are aimed at […]