Thai Times

Asset World Corporation Announces 48 Billion Baht Real Estate Investment Trust Launch

Asset World Corporation plans to package five prime commercial and hospitality properties into a new real estate investment trust valued at a minimum of 48 billion baht to fund further domestic expansion.

Google to Build Sustainable Data Center and Launch Skills Initiative in Thailand

Google has reaffirmed its plan to build an environmentally sustainable data center in Thailand alongside the launch of an Open Data Institute aimed at upsking the domestic technology workforce.

Stock Exchange of Thailand and New York Stock Exchange Sign Cooperation Agreement

The Stock Exchange of Thailand and the New York Stock Exchange have signed a memorandum of understanding covering five key capital market areas to help Thai corporations access global capital and facilitate dual listings.

Thai Government Delays 4 Billion Baht Domestic Travel Stimulus Until April 2027

The Ministry of Tourism and Sports has postponed the "Thai Tiew Thai Plus" program to the 2027 low season to ensure government subsidies support hotels during periods of lower occupancy, while extending the existing "Thai Chuay Thai Plus...

Thailand and Bhutan Launch Joint Tourism Campaign to Attract High-Spending Japanese Travelers

The Tourism Authority of Thailand and Bhutan have introduced a "Two Kingdoms, One Destination" partnership at the Tourism EXPO Japan 2026 to target premium travelers through a shared luxury wellness and nature-focused itinerary.

Stock Exchange of Thailand and New York Stock Exchange Sign Agreement to Connect Capital Markets

The Stock Exchange of Thailand has signed a five-point memorandum of understanding with the New York Stock Exchange to facilitate dual-listing opportunities for Thai companies and attract global institutional investors.

Thai Immigration Bureau Launches New Digital App to Speed Up Visitor Processing

Thai immigration authorities have introduced a new mobile application designed to streamline processing times for international tourists and modernize border infrastructure to manage rising arrival volumes.

Phuket Vegetarian Festival Expected to Generate 1.4 Billion Baht for Local Economy

Local officials estimate that the annual Vegetarian Festival in Phuket will inject approximately 1.4 billion baht into the regional hospitality sector, supporting high hotel occupancy rates heading into the peak travel season.

Tourism Authority of Thailand Raises Revenue Target to 2.7 Trillion Baht

Driven by increased airline capacity and high-value travel campaigns, the Tourism Authority of Thailand expects up to 33 million foreign arrivals this year, targeting a total sector revenue of 2.7 trillion baht.

Stock Exchange of Thailand and New York Stock Exchange Partner on Dual Listings

The Stock Exchange of Thailand has signed a cooperative agreement with the New York Stock Exchange to explore dual listings and new financial products, aiming to attract more foreign institutional investment to Bangkok.

World Bank Forecasts 12% GDP Per Capita Increase via $20 Billion Secondary City Strategy

A new World Bank framework suggests that directing 20 billion dollars toward regional hubs such as Chiang Mai, Khon Kaen, and Phuket could raise Thailand's national GDP per capita by more than 12% by 2050.

Thailand Courts U.S. Institutional Investors as First-Half Investment Applications Reach US$44 Billion

Prime Minister Anutin Charnvirakul used a New York investment roadshow to promote Thailand as a gateway to ASEAN’s 700 million consumers, highlighting a 37% year-on-year rise in first-half investment applications as the government seeks ...

Thai Public and Private Sectors Align on AI-Led Push Toward High-Income Status

Government and business leaders are aligning economic reforms around artificial intelligence, automation, digital skills and green investment as Thailand seeks to move beyond low-cost manufacturing and capture more domestic value from fu...

Anutin and Google Discuss Expansion of Green Data Centers in Thailand

Anutin Charnvirakul is holding talks with Google on environmentally sustainable data centers in Thailand, with clean energy, digital skills and artificial intelligence among the priorities as the country seeks greater long-term value fro...

Thailand Targets $80 Billion in Semiconductor Investment by 2050

Thailand’s national semiconductor and advanced electronics strategy aims to build a domestic ecosystem spanning chip design, advanced manufacturing and packaging, with more than 230,000 jobs projected as the country seeks a larger role i...

New Private Equity Trust Targets Thailand's Technology Startups

A newly established private equity trust has launched funding mechanisms for early-stage and growth-phase Thai technology companies, with a focus on artificial intelligence, financial technology and broader digital innovation.

HSBC Expands Focus on Growing Japan-Thailand Investment Flows

HSBC is stepping up efforts to support rising corporate investment and trade between Japan and Thailand as Japanese companies expand their presence in Thai manufacturing, digital infrastructure and consumer markets.

Fitch Outlook Revision Seen Supporting Confidence in Thai Banking Sector

A favorable outlook revision by Fitch Ratings is expected to improve international sentiment toward Thai commercial banks, reinforcing perceptions of financial-sector stability and supporting conditions for lending and corporate expansion.

State Infrastructure Funds Expected to Raise Up to 70 Billion Baht in Thailand

Thailand's state-backed infrastructure funds are projected to raise as much as 70 billion baht from institutional and retail investors to support transport, utility and connectivity projects across the country.

Mercedes-Benz to Expand Electric Vehicle Manufacturing in Thailand

Mercedes-Benz plans to produce new electric vehicle models at its facilities in Thailand, expanding the country's premium EV manufacturing capacity and supporting its position as a major automotive production hub in Southeast Asia.

Thailand Fast-Tracks 17 Industrial Projects Worth 121 Billion Baht

Thailand's Board of Investment is accelerating 17 manufacturing and industrial projects worth more than 121 billion baht under its FastPass initiative, with investment focused largely on electronics, electrical appliances and advanced ma...

Thailand Targets $80 Billion in Semiconductor Investment by 2050

Thailand is seeking $80 billion in semiconductor manufacturing and supply-chain investment by 2050 as the government looks to strengthen advanced technology capabilities and expand the country's role in global electronics.

Pringles Commits More Than 7 Billion Baht to New Thailand Manufacturing Base

Pringles will invest more than 7 billion baht in a major Thai production facility serving export markets, reinforcing Thailand’s position in regional food manufacturing and highlighting the appeal of its agricultural supply chains and As...

ADB Raises Thailand’s 2026 Growth Forecast to 2.0%

The Asian Development Bank upgraded Thailand’s 2026 growth outlook to 2.0% on stronger technology exports and private investment, while trimming its 2027 forecast to 1.9% and warning that deeper reforms are needed to reach high-income st...

Google Plans $1 Billion Thailand Data Center and Cloud Region

Google will invest $1 billion to establish a data center and cloud region in Thailand while supporting digital workforce training, strengthening the country’s role in Southeast Asia’s cloud and artificial intelligence infrastructure.

Thailand Prepares 4 Billion Baht Domestic Tourism Stimulus With One Million Travel Entitlements

The Thai Tiew Thai Plus programme is designed to support one million travel entitlements with accommodation subsidies of up to 2,000 baht per night and digital travel benefits, directing more spending toward tourism businesses and second...

Thailand Courts Global Funds Managing More Than $40 Trillion at New York Investment Roadshow

Prime Minister Anutin Charnvirakul and Thai capital-market leaders met about 25 major institutional investors in New York, including BlackRock and Blackstone, while holding separate discussions with PIMCO and Microsoft as Thailand promot...

Fitch Restores Thailand’s Stable Credit Outlook as Political and Fiscal Confidence Improves

Fitch Ratings raised Thailand’s sovereign outlook from Negative to Stable while affirming its BBB+ rating, bringing all three major global rating agencies to a Stable outlook as stronger political continuity and an improved fiscal trajec...

Thai Teenager Nene Royal Wins America’s Got Talent in High-Profile International Breakthrough

Thai performer Nene Royal won the America’s Got Talent championship, drawing widespread attention in Thailand and giving the country a prominent new cultural success on an international entertainment stage.

Thai Airways Climbs Global Aviation Rankings as Restructuring and Network Expansion Continue

Thai Airways International has improved its position in international airline quality and performance rankings as cabin upgrades, expanding routes and recovering global travel demand support the carrier’s post-restructuring momentum.

Mercedes-Benz Expands Electric Vehicle Line-Up as Thailand’s Auto Market Shifts Toward Battery Power

Mercedes-Benz is introducing new long-range electric vehicles in Thailand as the country’s automotive industry moves further into battery-powered mobility and strengthens its position as a regional manufacturing and consumer market for e...

Thailand’s Telecom Sector Eyes Growth From Rapid Enterprise Adoption of Artificial Intelligence

Analysts expect stronger demand for connectivity, cloud services and secure data storage as Thai companies increase their use of artificial intelligence, creating new growth opportunities for telecommunications and digital infrastructure...

Eastern Economic Corridor Draws New Investment in Green Manufacturing and Electric Vehicle Batteries

Foreign investment is expanding across Chonburi and Rayong as companies build smart industrial estates, circular waste-management facilities and battery-cell production capacity, strengthening the Eastern Economic Corridor’s role in Thai...

Thailand Targets 2.7 Trillion Baht in Tourism Revenue as International Arrivals Strengthen

The Tourism Authority of Thailand expects as many as 33 million foreign visitors this year and is focusing on long-haul markets, wellness travel and higher-value experiences as expanded air connectivity supports the high-season recovery.

Thailand Accelerates Power Grid and Regulatory Upgrades for Artificial Intelligence Data Centres

The National Economic and Social Development Council is preparing streamlined rules for hyperscale data centres as the Electricity Generating Authority of Thailand plans major grid upgrades in the Eastern Economic Corridor to meet rising...

Thailand Fast-Tracks 121 Billion Baht in Strategic Investment and Adds IPO Incentives for Tech Companies

The Board of Investment approved 121 billion baht in manufacturing and technology projects under the Thailand FastPass programme, while new tax incentives developed with the Stock Exchange of Thailand and Securities and Exchange Commissi...

Thai Conglomerates Step Up Sustainability Push Ahead of IMF-World Bank Meetings in Bangkok

Major Thai companies are aligning sustainability and ESG practices with national goals ahead of the IMF and World Bank annual meetings in Bangkok this October, with executives including those at Thai Beverage incorporating the Sufficienc...

Gastech 2026 in Bangkok Generates More Than $20 Billion in Energy Deals

Thailand’s Energy Ministry said Gastech 2026 generated more than $20 billion in international business deals, helping connect global energy companies with regional policymakers as Thailand pursues long-term liquefied natural gas contract...

Thailand’s Uneven Recovery Deepens as More Than 11,000 Businesses Close

More than 11,000 Thai businesses with 112 billion baht in registered capital closed during the first eight months of the year, according to SCB EIC, as large companies report stronger profits while smaller firms face mounting liquidity p...

LOT Polish Airlines to Resume Direct Warsaw-Bangkok Flights in October

LOT Polish Airlines will restart scheduled nonstop flights between Warsaw and Bangkok in October using Boeing Dreamliner aircraft, adding European capacity for Thailand’s winter tourism season.

Thailand Expects 250,000 Chinese Visitors During Golden Week, Generating 11.5 Billion Baht

The Tourism Authority of Thailand expects about 250,000 Chinese visitors during the upcoming Golden Week holiday and forecasts 11.5 billion baht in tourism revenue, supported by the continued recovery of Chinese travel and recent promoti...

Thailand Advances Bill to Restrict Cannabis to Medical Use and Phase Out Recreational Dispensaries

Thailand’s cabinet has approved a draft law that would tighten cannabis regulation through grower registration and tougher penalties, while requiring existing retail outlets to become licensed medical facilities staffed by qualified prac...

Thailand Approves Four-Year Fuel Crisis Plan Centered on Domestic Biofuels

Thailand has endorsed a four-year energy strategy that will increase reliance on domestically sourced agricultural materials for biofuel production, aiming to reduce exposure to global oil price swings while addressing the widening defic...