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Thailand expects similar tariffs to other regional countries: minister
Published on 18/07/2025
» Thailand expects to receive US tariff rates by Aug 1 that are close to those imposed on other countries in the region, the finance minister said on Friday following talks with the United States Trade Representative.
Retail association touts recovery strategies
Business, Published on 18/07/2025
» The Thai Retailers Association has recommended two strategies to accelerate economic recovery amid the prolonged global economic slowdown and rising uncertainties.
K-Research puts GDP growth at 1.2%
Business, Nareerat Wiriyapong, Published on 18/07/2025
» GDP growth this year could be as low as 1.2% or even less if the government fails to clinch a deal with the US that ensures the reciprocal tariff is competitive with those granted to neighbouring countries, said Kasikorn Research Centre (K-Research).
Signs and symptoms of Thai stagnation
Oped, Thitinan Pongsudhirak, Published on 18/07/2025
» That Thailand is faring poorly in the world is no longer in dispute. Not so long ago, many were in denial and adamant that Thailand could still bring a good game to engage abroad, that "Teflon" Thailand could bounce back. Now, just about all indicators are pointing south. The causes of this country's decline and stagnation are not singular but multifaceted over a two-decade period. As Thailand's situation is likely to worsen before hopes for a better future can arise, it is instructive to start counting the costs.
China's visa-free boom picks up steam as entries soar in first half of 2025
Published on 17/07/2025
» China's expanded efforts to encourage visitors continued to pay off in the first half of 2025, with the number of visa-free foreign entries rising by more than half compared to the same period a year earlier.
Indonesian shoemakers fear Trump tariffs despite lower levy
AFP, Published on 16/07/2025
» BANDUNG — At a leather boot shop in the Indonesian city of Bandung, workers handle an order from Texas but owner Etnawati Melani says she fears such business will dwindle when Donald Trump's tariffs hit exports.
Thai industrial sentiment hits 9-month low on tariff woes
Reuters, Published on 16/07/2025
» Thailand's industrial sentiment index fell for a fourth straight month in June, hitting its lowest level in nine months due to worries over the impact of US tariffs, the Federation of Thai Industries (FTI) said on Wednesday.
Trump says Indonesia goods to face 19% tariff under new pact
Bloomberg News, Published on 16/07/2025
» US President Donald Trump said he reached a deal with Indonesia that will see goods from the country face a 19% tariff, while US exports will not be taxed.
TAT forecasts record level of arrivals from India
Business, Molpasorn Shoowong, Published on 16/07/2025
» Despite the recent crash of an Air India aircraft, Indian arrivals remain robust against the sluggish short-haul markets trend, as the Tourism Authority of Thailand (TAT) anticipates a record level of 2.4 million arrivals from the market this year.
Bankers' association pushes formal economy to the fore
Business, Somruedi Banchongduang, Published on 16/07/2025
» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).