Exports performed well in May, supporting signs of continual growth in H2/2024 and 2025.

Thai exports in May 2024 saw a 7.2%YOY increase, with strong growth in agricultural and manufacturing products, particularly fruits. Exports to China and India were robust, while those to Australia and the Middle East declined. SCB EIC expects continued export growth in June and the second half of 2024, with a positive outlook for 2025.

Hong Kong Airlines Strengthens Flight Attendant Recruitment in Thailand

Hong Kong Airlines resumes daily flight volume to pre-pandemic levels and plans…

Amazing Beach Life Festival promotes Thailand during this green season

The Tourism Authority of Thailand (TAT) is hosting the “Amazing Beach Life…

ASEAN exchange leaders discuss transition finance and the economic shift to net zero

The roundtable discussed transition finance in ASEAN, with leaders from exchanges sharing…

Outlook Quarter 2/2024

Global economy is expected to grow steadily at 2.7% in 2024 and 2025, with US improving, Asia showing promising prospects, and Eurozone and Japan experiencing subdued growth. Thai economy will slowly rebound in 2024 and continue growth in 2025. Thailand’s policy interest rate is expected to be cut, while geopolitical tensions may benefit some Thai industries.

Ascend Money secured investment from MUFG to accelerate digital financial inclusion in Thailand

Ascend Money and MUFG Bank have made a joint investment of $195…

TAT organises ‘Eco-Discovery in Amazing Thailand’ event to promote responsible tourism

The Tourism Authority of Thailand hosted the “Eco-Discovery in Amazing Thailand” event…

TAT and Jeollanam-do jointly promote Songkran and Jeongnamjin Jangheung Water Festivals

The Tourism Authority of Thailand and Jeollanam-do signed an MOU to promote…