Exports in September continued to expand despite surrounding pressures, increasing the likelihood that the annual growth…

Thai exports in September 2024 grew by 1.1%YOY, slower than previous months and below analysts’ expectations. Three out of four major categories experienced slower growth, with mining and fuel products contracting. Exports to the US and CLMV markets expanded, while imports increased, leading to a trade surplus.

Thailand Launches the ‘Amazing Thailand Grand Year of Tourism and Sports’ Initiative

Thailand’s Minister of Tourism, Sorawong Thienthong, announced 2025 as the “Amazing Thailand Grand Tourism and Sports Year,” aiming to boost tourism with major events and improved infrastructure. This initiative seeks to generate £75.55 billion in revenue through enhanced experiences, including MotoGP races and the Songkran Festival, emphasizing tourism’s economic significance.

Thailand Steel Industry Analysis Report, 2018-2023

Thailand’s steel industry has a 10 million-ton capacity, heavily relying on imports, particularly flat steel, with Japan, China, and South Korea as main sources. Domestic production is limited by high costs and inadequate local resources. Local firms like GSteel and Tata Steel Thailand face challenges from cheap imports, necessitating cost reduction and product diversification.

GDS International Enters Thailand with a $1 Billion Investment to Establish a Hyperscale Data Center Park

GDS International announced a $1 billion investment to establish a hyperscale data center park in Chonburi, Thailand, over the next five years. This initiative aims to enhance Thailand’s digital infrastructure, supporting its economy as a hub for cloud and AI technologies, with government backing for future growth and innovation.

ASEAN+3 Economic Cooperation and Financial Stability Forum (AMRO Forum) 2024

The AMRO Forum, co-organized with the IMF and Bank of Korea, addresses regional resilience in ASEAN+3, considering climate and technological challenges. It facilitates dialogue among experts to enhance macroeconomic stability. The Forum, themed “Sustainable Growth: Reinforcing Resilience, Revitalizing Productivity,” features keynote speeches, panel discussions, and offers online participation.

The Culinary Transformation of Northern Thailand

Northern Thailand’s culinary scene merges tradition with innovation, emphasizing local ingredients and sustainability. Chiang Mai’s renowned fine dining includes Locus Native Food Lab, Blackitch Artisan Kitchen, and Cuisine de Garden. Chefs creatively blend traditional Lanna cuisine with global techniques. This fusion highlights sustainability and farm-to-table practices, earning Northern Thailand global culinary recognition.

Cross-Border Payments: What Blockchain Needs to Do to Change the Game

In our global economy, cross-border payments are crucial but often complex and frustrating using traditional methods. Blockchain technology and stablecoins offer a promising solution by enabling faster, cheaper, and more direct transfers. Businesses should consider blockchain options for smoother transactions as they weigh factors like cost and speed.

Transformative Population Shifts in Asia Expected to Impact Thailand’s Real Estate Market

Thailand’s $2 trillion real estate sector is evolving due to demographic shifts and consumer needs, driven by trends like multigenerational living, semi-retirement, and hospitality-residence hybrids. With 34% of Thai homes being multigenerational, flexible home designs are prioritized. There’s rising demand for dual-purpose properties blending work and leisure, illustrating market transformation.