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BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

BUSINESS

Bank of Thailand to monitor KBank after Gulf purchase

Business, Somruedi Banchongduang, Published on 18/02/2026

» The Bank of Thailand is monitoring the increased shareholding in Kasikornbank (KBank) of 10% by Gulf Development Plc, saying KBank will be placed under intensified supervisory oversight.

BUSINESS

Phuket up in arms on long‑stay visa

Business, Molpasorn Shoowong, Published on 18/02/2026

» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.

BUSINESS

Kiatnakin Phatra Financial Group plans to expand EV loan portfolio

Business, Somruedi Banchongduang, Published on 18/02/2026

» Kiatnakin Phatra Bank, a subsidiary of Kiatnakin Phatra Financial Group (KKP), wants to grow its electric vehicle (EV) loan portfolio this year, following strong adoption of EVs in the Thai market.

BUSINESS

Thai banks’ bad loans dip slightly

Reuters, Published on 17/02/2026

» Thai banks’ non-performing loans ​stood at 2.84% ‌of outstanding credit at the end of December, down from 2.94% at the end of September, the central bank said on Tuesday.

BUSINESS

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

NCB frets over potential uptick in informal debt

Business, Somruedi Banchongduang, Published on 17/02/2026

» The National Credit Bureau (NCB) has expressed concern about a potential rise in informal debt amid subdued loan growth in the banking sector and an easing household debt-to-GDP ratio.

BUSINESS

Economy has 'left ICU', says finance chief

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 17/02/2026

» Thailand's economy has now "left the intensive care unit [ICU]", reflected in fourth-quarter growth of 2.5%, which surpassed the earlier projection of 1.8% and lifted full-year 2025 growth to 2.4%, above the 2% forecast, said caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Emerging markets to triumph in 2026

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» 2026 is expected to see a decisive rotation in global asset allocation, with emerging markets (EM) positioned to outperform developed markets (DM) as the US dollar enters a weakening cycle, according to analysts.

BUSINESS

Baht to remain volatile despite foreign fund flows

Business, Somruedi Banchongduang, Published on 16/02/2026

» Although positive domestic sentiment has supported baht appreciation against the US dollar, the local currency is expected to remain highly volatile amid persistent external uncertainties.