A collection of 13 posts
Bambang Brodjonegoro, dean of the ADB’s Tokyo-based think tank, said Southeast Asia’s largest middle-income economies are at risk of long-term stagnation as demographic advantages fade and productivity growth stalls.
Thailand’s Entertainment Complex (EC) bill, which includes provisions to legalise casinos, has been delayed as Thai Prime Minister Paetongtarn Shinawatra deemed it unready for cabinet review. Speaking to reporters outside Government House on Tuesday, she said the government must consider all stakeholders’ views before the bill moves forward. A
Malaysia, Thailand, and Singapore have made significant advances in economic development and infrastructure, efforts on sustainability and equality targets remain uneven, the United Nations’ ESCAP 2025 SDG (sustainable development goals) Progress Report found. Thailand leads the trio in overall SDG achievement and ranks first in ASEAN, which is comprised of
Thailand’s economy grew 3.2% year-on-year in the fourth quarter of 2024, falling short of projections, as sluggish private investment and slower government spending weighed on growth. Analysts warn that trade tensions and global uncertainties could pose further challenges in 2025, prompting calls for government stimulus measures to sustain
Thai Prime Minister Paetongtarn Shinawatra has visited the country’s southern provinces, promising new investments and infrastructure projects as part of its levelling-up agenda. The Thai premier met local leaders in Phatthalung and Songkhla to discuss flood management and economic development. She wrote on Facebook that her government is “ready
A new report from Transparency International (TI) sees mixed results for Southeast Asia (SEA) with Singapore maintaining its position as the region’s least corrupt nation, while Malaysia and Thailand grapple with governance challenges. “Asia Pacific is home to a third of the world’s population, has the second largest
Thailand’s automotive industry, the nation’s fourth-largest sector, contributes around 11% to the nation’s GDP and employs over 750,000 workers. However, recent government policies and agreements with China aimed at boosting EV production have led to issues including factory closures and EV price wars due to oversupply.
Thai electricity authorities will increase renewables in the energy mix in the national grid while securing new domestic energy sources, reducing reliance on imports and bolstering energy independence, according to the Thailand government’s strategic policy for 2025. The three key electricity authorities – the Electricity Generating Authority of Thailand (EGAT)
Amid heightened US-China tensions, Singapore reaffirmed its neutral stance at the ASEAN summit in October 2024, with Singaporean Prime Minister Lawrence Wong emphasising economic stability and strategic balance. Singapore continues to maintain strong trade ties with both superpowers, even as the US and Beijing intensify pressure on regional allies to
Chinese President Xi Jinping on Thursday commended Thai Prime Minister Paetongtarn Shinawatra for her government’s “strong measures” against scam centres targeting Chinese nationals, a growing issue fueling safety concerns among potential tourists. Gangs at border threaten Thai tourism numbers A multi-billion-dollar industry has grown along the Thai-Myanmar border, as
Thailand confirmed its adoption of the global minimum corporate tax rate of 15% on January 1, 2025, aligning with the Paris-based Organisation for Economic Cooperation and Development (OECD) global tax reform framework. The new regulation is expected to impact multinational corporations operating in Thailand, particularly in the manufacturing and finance
The digital sectors of Thailand, Malaysia, and Singapore contributed to a 24% regional increase in profits in 2024, reaching USD 11bn, according to a new report. Thailand and Malaysia strategic cost measures in e-commerce and digital finance, optimising take rates and reducing customer subsidies to improve margins. In Thailand, e-commerce
Thailand is positioning itself as a key beneficiary of the US-China trade war escalated by US President Donald Trump’s return to office, offering fresh incentives to attract global companies seeking alternatives to China. Thai Commerce Minister Pichai Naripthaphan said Thailand is an appealing and safe manufacturing hub with a