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Thailand Projects 2.2% GDP Growth in 2025 Amid Border Clashes and Economic Challenges

Bangkok: The Ministry of Finance reveals that GDP in 2025 will grow by 2.2 percent, factoring in Thai-Cambodian border clashes, northern region flooding, and impacts from Trump’s tax bill. The Ministry remains optimistic that a stimulus budget will help rejuvenate the border economy, while foreigners caution tourists about border-related incidents, which are not expected to affect the broader economic outlook.

Pichai Anticipates 2.2% GDP Growth for Thailand in 2025 Amidst Border Dispute

Bangkok: Pichai Chunhawichorn, Deputy Prime Minister and Finance Minister, expressed confidence that Thailand’s GDP will experience a 2.2 percent growth in 2025. This expectation comes despite ongoing challenges, including a slowdown in tourism due to the Thai-Cambodian border dispute. According to Thai News Agency, Pichai highlighted that while exports performed well during the first half of the year, the latter

CAAT Implements Nationwide Drone Flight Ban Amid Border Unrest

Bangkok: The Civil Aviation Authority of Thailand (CAAT) has issued an urgent announcement prohibiting the flying or launching of all types of unmanned aircraft (drones) in areas nationwide, effective from July 30 to August 15, 2025, or until further notice. According to Thai News Agency, this announcement is made to prevent national security and safety risks from the unrest along

Minister of Commerce Anticipates U.S. Tariff Announcement on Thai Imports

Bangkok: The Minister of Commerce expects the United States to announce tariffs on imported goods from Thailand within 24 hours, believing they will be similar to rates in the same region. He confirmed the continued implementation of relief and support measures for all affected sectors. According to Thai News Agency, Mr. Chatuporn Buruspat, Minister of Commerce, stated that the trade

IMF’s Optimistic Forecast Boosts Thai Stocks Amid Global Economic Shifts

Bangkok: Thai stocks continued their upward trend this morning, driven by several factors, particularly fund inflows and the IMF’s upward revision of its global and Thai economic forecasts following US tariffs. The overall outlook is lower than initially announced. According to Thai News Agency, Mr. Korapat Vorachet, Senior Executive Vice President of Krungsri Securities, stated that the market atmosphere continues

Baht Remains Stable Amid Global Economic Watch and Regional Tensions

Bangkok: The baht is maintaining its position within a narrow range, with the market’s attention focused on US trading partner negotiations and the ongoing Thai-Cambodian situation. This morning, the baht opened at 32.38 baht per dollar, remaining stable and unchanged from the previous day’s close. According to Thai News Agency, Mr. Poon Panichpibul, a market strategist at Krungthai GLOBAL MARKETS,

Thailand Accuses Cambodia of Ceasefire Breach Along Disputed Border

Bangkok: Thailand’s military accused Cambodian forces on Wednesday of breaching a ceasefire agreement at three separate locations along the disputed border, warning that continued aggression could compel Thai forces to respond more decisively. According to TRTworld.com, the allegations come less than two days after both governments agreed to a ceasefire brokered in Malaysia, which took effect at midnight on Monday.

Thailand Invites 25 Countries to Participate in TILOG-LOGISTIX 2025 to Strengthen Logistics Supply Chains

Bangkok: Thailand has extended invitations to 25 countries to participate in “TILOG-LOGISTIX 2025,” an event aimed at bolstering the logistics supply chains and enhancing the transport and export of goods for Thai businesses. According to Thai News Agency, the event is being organized by the Department of International Trade Promotion (DITP) in collaboration with RX Tradex. TILOG-LOGISTIX 2025 is set