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BUSINESS

Phuket enjoys surprise off-season arrivals hike

News, Achadthaya Chuenniran, Published on 17/07/2025

» Phuket is seeing a big shift in tourism patterns as European travellers embrace off-season travel, with tourism revenue expected to grow by over 40 billion baht, or around 10%, this year, says the Phuket Tourist Association.

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THAILAND

Risks and rewards of Beijing's BRI

News, Poramet Tangsathaporn, Published on 17/07/2025

» Thailand may play a pivotal role in advancing China's vision of regional connectivity through the Belt and Road Initiative (BRI), but scholars caution that while the initiative presents substantial opportunities, it also brings significant challenges.

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BUSINESS

Biofuel for ships yields promise

Business, Yuthana Praiwan, Published on 17/07/2025

» Major energy companies are interested in launching biofuel for ships as demand for this cleaner fuel is expected to rise, following a requirement issued by the International Maritime Organisation (IMO).

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PROPERTY

Eastern Economic Corridor land prices surge in Q1 amid strong foreign demand

Business, Kanana Katharangsiporn, Published on 17/07/2025

» The land price index in the Eastern Economic Corridor (EEC) provinces rose by 24.9% in the first quarter of 2025, marking the fifth consecutive quarterly increase, led by Rayong, where the index surged 43.5% due to strong foreign investment in the industrial sector.

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BUSINESS

Industrial property fund receives B1.1-billion investment

Business, Nuntawun Polkuamdee, Published on 17/07/2025

» AIM Group has announced an additional investment of 1.1 billion baht in the AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust (AIMIRT), bringing total investment in the fund to 14.1 billion baht.

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BUSINESS

BoI preps measures to withstand tariffs

Business, Lamonphet Apisitniran, Published on 17/07/2025

» The Board of Investment (BoI) is launching measures to help Thai entrepreneurs withstand the impact of the US tariff policy and the trade war, ranging from abandoning the promotion of solar panel manufacturing to encouraging factories to adopt new technologies.

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BUSINESS

B3bn credit guarantees to aid firms hit by trade war

Business, Wichit Chantanusornsiri, Published on 17/07/2025

» Thai Credit Guarantee Corporation (TCG) has launched a credit guarantee measure worth 3 billion baht to support entrepreneurs affected by the ongoing trade war.

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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.

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BUSINESS

National crypto sandbox for tourists in the offing

Business, 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.

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THAILAND

DSI zeroes in on 10 suspects in Senate vote-rigging case

News, Post Reporters, Published on 17/07/2025

» The Department of Special Investigation (DSI) expects to initially identify around 10 suspects in the Senate vote-rigging case involving alleged collusion and money laundering.