Thailand

The finance minister stated on Monday that the key interest rate should remain low in order to underpin recovery in the economy of Thailand, which could grow by 3.0%-3.5% this year, which is less than an earlier forecast due to the rising cost of oil brought on by the conflict between Russia and Ukraine. Arkhom Termpittayapaisith, who was interviewed by …

This week, a legal struggle that might result in the ouster of embattled Thai Prime Minister Prayut Chan-o-cha is set to be heard by the nation’s constitutional court, posing a new threat to the country’s political stability only months before general elections. The former general has managed to hold onto office despite significant anti-government demonstrations in 2020, a brutal pandemic, …

According to comments made by Thailand’s Minister of Finance on Monday, the country’s GDP is projected to expand by 3.0 to 3.5 percent this year, with support coming from public investments and an uptick in activity within the country’s crucial tourism industry. Arkhom Termpittayapaisith told a seminar for state agencies that the country’s economy, which is the second largest in …

The craze for instant noodles is quite genuine, and it’s not just because they’re easy on the wallet or make for a soothing midnight snack. We just can’t get enough of this salty and occasionally spicy umami-bomb, and it’s showing up everywhere from viral challenges to picturesque museums. Despite the fact that it has also been affected by the growing …

On Wednesday (August 17), police in Thailand reported that explosions and acts of arson took place in more than a dozen different locations in the volatile deep south of the country, resulting in the injuries of seven persons. According to the officials, the majority of the targeted locations were convenience stores that were housed within gas stations. These convenience stores …

Just two months after new laws were established that essentially decriminalized the drug, Thailand’s Minister of Public Health issued a statement on Wednesday discouraging tourists from visiting the nation solely for the purpose of smoking marijuana. When challenged by reporters about the prevalence of recreational marijuana usage among tourists from other countries, Anutin Charnvirakul responded, “We do not welcome those …

During the next five years, Thailand plans to invest 2.2 trillion baht, which is equivalent to $61.97 billion, in the industrial east of the nation, according to a government official who spoke on Monday. This is part of Thailand’s effort to strengthen the country’s long-term economic growth. Thanakorn Wangboonkongchana, a government spokesperson, said in a statement that the plan for …

Following a hiatus caused by COVID-19, Thailand and China have begun their first combined air force exercise in years on Sunday (August 14), according to the military of the kingdom. These drills are the first of their kind in years. Following China’s greatest military drills around Taiwan, which were carried out as a form of retaliation for a visit to …

According to a poll conducted by Reuters, the high cost of living in Thailand and a slowdown in China pose threats to the country’s economic outlook. However, it is likely that Thailand’s economy grew at its fastest pace in a year last quarter, thanks to increased tourism as pandemic restrictions were eased. According to the median forecast of 16 economists …

According to Mr. Tanee Sangrat, director general of Thailand’s Information Department, Foreign Affairs Ministry, on Wednesday, the Sri Lankan government has filed a request to Thailand for its former president Gotabaya Rajapaksa to enter the country. Gotabaya Rajapaksa is seeking asylum in Thailand (Aug 10). “The present government of Sri Lanka made a request to the Thai side for the …