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Business

Moving Supply Chains from China to Southeast Asia

Shifting supply chains from China to Southeast Asia due to rising production costs and geopolitical factors. Southeast Asia’s investment in infrastructure and energy makes it attractive for manufacturing. Introduction This article, titled “Shifting Supply Chains from China to Southeast Asia,” discusses the geopolitical and economic factors that have prompted many multinational companies to move segments […]

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Business

Thai Authorities Shut Down Major Illegal Torrent Website

The Royal Thai Police and ACE raided four locations in Bangkok and Surat Thani, targeting the largest torrent tracker site in Thailand, Siambit.me, with over 100,000 VIP members. Four Thai nationals have been arrested. Royal Thai Police and ACE Conduct Raids The Economic Crimes Department (ECD) of the Royal Thai Police, with support from the […]

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Business

Nasdaq extends risk platform into Thailand

Nasdaq’s Risk Platform has its first client in Asia, Kiatnakin Phatra Securities in Thailand. The platform offers real-time risk monitoring, decision support, and scalability during market volatility. Nasdaq Secures First Client in Asia Nasdaq has achieved a major milestone by securing its first client in Asia, Kiatnakin Phatra Securities (KKPS) in Thailand, for its Risk […]

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Thailand Business News
Business

Thailand sees significant increase in spending for inbound Chinese New Year (CNY) bookings with 44.3% jump

Thailand’s inbound spending during Chinese New Year is projected to rise by 44.3% according to data from Trip.com Group. Longer trips beyond Southeast Asia and increased booking windows are contributing factors. Trip.com Group Data Shows 44.3% Rise in Spending for Thailand during Chinese New Year Trip.com Group, a prominent global travel service provider, has released […]

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Business

Thailand’s Industrial Production Declined by 5.1% in 2023

Thailand’s industrial output contracted by 5.11% in 2023 due to slow economic recovery, trade slowdown, high household debt, cautious consumer spending, and rising interest rates. The December expansion and domestic recovery signal a positive future for the manufacturing sector. The government implemented measures to mitigate the impact, but full recovery depends on global economic conditions […]

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Thailand Business News
Business

Thai car production experiences a 15.7% decrease in December and a 2.2% drop in 2023

Car production in Thailand declined by 15.75% in December 2023, marking the fifth consecutive monthly decline. Pickup truck output decline due to bank loan tightening. Decrease in Car Production Car production in Thailand saw a decrease of 15.75% in December 2023 compared to the previous year, marking the fifth consecutive month of decline. This downward […]

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Business

China’s Return to Economic Stagnation: The Long March Ahead

China’s economic success is attributed to market forces and the private sector following Mao Zedong’s death. Yasheng Huang’s book criticizes the current regime and examines past success and potential decline in China. China’s Economic Success China’s economic success has been widely attributed to its adoption of market forces and the private sector, which were key […]

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Business

Thailand is listed as the 6th must-visit destination in Telegraph’s “The 20 places you should see in 2024” roundup

Thailand is the top winter destination for Chinese tourists, with over 3.5 million visitors in 2024. Five Thai cities, including Phuket and Bangkok, are among the top 20 most-searched destinations by Chinese guests on Airbnb during the winter season. The Telegraph ranks Thailand at 6th place in their list of “The 20 places you must […]

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