Thai Economy News

Amid positive signs of a tourism revival,international tourist arrivals in the first five months of this year rose 24.36% to 8.2 million, according to the Tourism Authority of Thailand (TAT).

The Thailand Restaurant Association (TRA) warns that foreign food chains are posing a greater threat to Thai restaurant operators amid government indifference and failure to promote the local industry.

Colliers Thailand has announced the sale of the former Embassy of Japan to Singha Property Development and Max Future Co, both wholly-owned subsidiaries of Boon Rawd Brewery which produces Thailand’s famous Singha Beer.

CAT Telecom and TOT Plc plan to merge their third generation (3G) networks to provide blanket high-speed wireless broadband coverage nationwide through a roaming agreement.

As the world's biggest shrimp exporter, Thailand employs advanced shrimp-farming technology such as bio-security farming, a system that increases yield and ensures high quality.

Asian are expanding their investment in Thailand's property market, both in Bangkok and upcountry, as prices here are still lower than elsewhere in the region and because the Asean Economic Community (ABC) will come into full effect in 2015.

Land prices in Bangkok have surged following the Treasury Department's first review in eight years, with significant increases in Yaowarat, Silom, and Phloenchit roads affecting land taxes.

Established in 1982 as Amarin Plaza Plc, The Erawan Group Plc has a mission to be an explorer and well-diversified leader.

Property firms are planning to ask the incoming government after next month's election to revise the taxation system related to buying and selling residences and to introduce fixed interest rates for first-home buyers as a long-term policy.

Saha Farms plans expansion to meet soaring demand for Thai chicken