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BUSINESS

Flooding leads to downgrade of GDP forecast

Published on 02/12/2025

» The University of the Thai Chamber of Commerce (UTCC) has reduced its economic growth projection to 1.9% this year from 2%, mainly due to the Hat Yai floods, which are expected to cause losses of at least 40 billion baht.

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BUSINESS

China floods the world with gasoline cars it can't sell at home

Reuters, Published on 02/12/2025

» WARSAW — China's electric vehicle (EV) industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers.

BUSINESS

YouTrip to expand into Australia after Thailand

Reuters, Published on 02/12/2025

» SINGAPORE — Singapore-based fintech firm YouTrip said on Tuesday it will launch in Australia, its first new market since the coronavirus 2019 (Covid-19) pandemic, aiming to use it as a springboard for further expansion into other high-travel Asia-Pacific markets.

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BUSINESS

What's next for China's economy in 2026 - and how it plans to tackle challenges

Published on 02/12/2025

» After a turbulent year marked by the trade war and domestic headwinds, China will head into 2026 cautiously as it grapples with structural challenges to growth.

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BUSINESS

Nok Air to expand after red flag lifted

Business, Narumon Kasemsuk, Published on 02/12/2025

» Nok Air expects to fix the red flag issued by the Civil Aviation Authority of Thailand (CAAT) within this year, expanding international flights and adding frequencies to domestic routes, with a goal to exit the rehabilitation plan by 2028.

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BUSINESS

BoT to ease baht pressure

Business, Somruedi Banchongduang, Published on 02/12/2025

» The Bank of Thailand has proposed the Finance Ministry raise the limit for foreign income repatriation to Thailand, aiming to ease pressure on the baht.

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BUSINESS

Minister touts progress on 'five pillars'

Business, Wichit Chantanusornsiri, Published on 01/12/2025

» The government's "Five Pillars and One Foundation" economic policy under Prime Minister Anutin Charnvirakul has already implemented many of its measures.

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BUSINESS

Stagnant tourism hits Onyx revenue

Business, Molpasorn Shoowong, Published on 28/11/2025

» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.

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BUSINESS

Income tax break sought for flood victims

Business, Wichit Chantanusornsiri, Published on 27/11/2025

» The Finance Ministry plans to use tax measures to remedy the impact of the floods, allowing expenses for home and vehicle repairs to be deducted from personal income tax.

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BUSINESS

Bualuang Securities predicts investment trends

Business, Boonsong Lipimas, Published on 27/11/2025

» Bualuang Securities (BLS) expects Thailand's economy to stage a gradual recovery in 2026, supported by rising foreign direct investment (FDI), a firmer tourism rebound, and improving export momentum in the latter half of the year.