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Thailand is adjusting its tourism strategies after losing its title as the most visited ASEAN country. Businesses are shifting focus to attract high-spending travelers, improve service quality, and diversify offerings beyond traditional hotspots. The move aims to sustain growth amid rising regional competition, especially from Malaysia and Vietnam.
Amid a sluggish economy and declining consumer demand, major Thai corporations are increasingly offloading subsidiaries to raise capital and streamline operations. The trend, driven by rising debt and lower profit margins, reflects broader concerns over Thailand’s economic outlook. Analysts warn of a cautious investment climate ahead.
Deputy PM Phichai Chunhavajira assured investors of Thailand’s market stability amid global tensions. To curb volatility, SET introduced temporary measures: reducing price limits to ±15% and intraday movement to ±5%. Effective until June 27, these steps aim to maintain orderly trading and protect investor confidence during uncertain geopolitical conditions.
The SLF Expo, themed “Creating Opportunities, Building the Future,” will be held on July 3 at PIM Convention Hall. The event offers free career guidance, loan consultations, reskill sessions, and job opportunities. Over 20 institutes and top employers will participate. Admission is free. More info at www.studentloan.or.th.
Chinese EV maker Neta Auto has paused Thai production amid a subsidy controversy and financial troubles. Despite receiving 400M baht in subsidies, the company failed to meet local EV output requirements. Dealers allege deceit and losses over 200M baht, prompting government scrutiny and a freeze on further payments.
