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BUSINESS

Panel calls for new tourism investment

Business, Molpasorn Shoowong, Published on 17/07/2025

» Thai tourism should not underestimate rivals in the region, notably Vietnam, which are investing heavily in tourism infrastructure such as high-speed rail as well as new attractions and hotels, said the subcommittee of the National Soft Power Strategy Committee.

BUSINESS

National crypto sandbox for tourists in the offing

Business, Nareerat Wiriyapong, Nuntawun Polkuamdee and Narumon Kasemsuk, Published on 17/07/2025

» Digital asset exchange operators have welcomed a joint effort between the Securities and Exchange Commission (SEC) and the Bank of Thailand to launch a crypto sandbox to allow foreign tourists to use digital assets in Thailand, saying the new initiative would drive crypto adoption across Thailand.

BUSINESS

Mounting economic woes pummel industry's morale

Business, Lamonphet Apisitniran and Somruedi Banchongduang, Published on 17/07/2025

» A storm of economic pain has hit local entrepreneurs, causing the Thai Industries Sentiment Index (TISI) to fall to an eight-month low in June, with the situation likely to lead to a dim industry outlook over the next three months, says the Federation of Thai Industries (FTI).

BUSINESS

WHA shrugs off impact of US tariffs

Business, Lamonphet Apisitniran, Published on 16/07/2025

» While the US's controversial reciprocal tariffs are causing some delays to international investment, Thailand is not expected to face a serious impact, according to WHA Corp, a Thai developer of industrial estates and built-to-suit logistics facilities.

BUSINESS

Charges dropped against ex-KTBST chair

Business, Nuntawun Polkuamdee, Published on 16/07/2025

» Win Udomrachtavanich, the former executive chairman of KTB Securities (Thailand) (KTBST), has been officially cleared of all stock manipulation charges in a case filed by the Securities and Exchange Commission (SEC) nearly two years ago, after the Economic Crime Suppression Division (ECD) issued a final non-prosecution order.

BUSINESS

Cabinet preps Financial Hub Bill draft

Business, Wichit Chantanusornsiri, Published on 16/07/2025

» The cabinet is preparing to propose the draft Financial Hub Bill for parliamentary deliberation in the near future.

BUSINESS

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.

BUSINESS

Infineon, TESA to create new AI platform

Business, Suchit Leesa-nguansuk, Published on 16/07/2025

» Infineon Technologies, a global leader in semiconductor solutions, has signed a memorandum of understanding (MoU) with the Thai Embedded Systems Association (TESA) to establish a National Secure Artificial Intelligence of Things (AIoT) platform.

BUSINESS

AIS banking on Premier League for growth

Business, Komsan Tortermvasana, Published on 16/07/2025

» Advanced Info Service (AIS) is targeting strong growth of its fixed broadband business in the second half of this year, driven by English Premier League (EPL) content through pub-bar events and its network capability.

BUSINESS

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).