In its new Country Climate and Development Report, the World Bank advised that climate-smart investments totaling $219 billion over 25 years are essential for Thailand to achieve its high-income nation goals. The report emphasized that shifting production toward greener goods and services will not only meet net-zero targets but also create high-qua
Billion-Baht Investment Approved to Accelerate National AI Development Plan
The Thai government has greenlit a sweeping THB25 billion (approx. $774 million) investment to fast-track its national Artificial Intelligence (AI) development plan over the next two fiscal years. The strategy focuses on establishing nine AI Centres of Excellence (CoEs) across key sectors, including healthcare, education, and manufacturing, positio
World Bank Warns Thailand’s GDP Growth to Slow to 1.8% in 2025
The World Bank released a concerning overview, forecasting that Thailand's GDP growth is expected to slow to just 1.8% in 2025, down from earlier estimates. The revised outlook is attributed to the combined pressure of weakening global exports, slowing domestic consumption, and a moderating tourism recovery, underscoring the need for immediate, tar
New Tourism Minister Confirms Plans to Implement 300-Baht Tourist Tax
Thailand’s new Minister of Tourism and Sports has publicly reaffirmed the plan to soon begin collecting a 300-Baht (approximately $8) tourism tax from air arrivals, a scheme previously approved but repeatedly delayed. The minister stressed the importance of clearly communicating the tax’s benefits, which will fund visitor insurance and infrastr