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Bank of Thailand (BoT) increases key rate 25 basis points to 2%

31. May 2023

The move was widely anticipated by analysts and economists, who cited the need to contain inflationary pressures and maintain financial stability amid a strong economic recovery and global uncertainties.

This article was originally published here: Bank of Thailand (BoT) increases key rate 25 basis points to 2%

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China’s largest EV manufacturer takes aim at Southeast Asia market

31. May 2023

BYD Co., China's leading electric vehicle maker, is expanding its presence in the Southeast Asian market, where it faces strong competition from Japanese rivals. The company has recently announced plans to build its first EV production facility in Thailand, and is also exploring opportunities in the Philippines, Vietnam and Indonesia.

This article was originally published here: China’s largest EV manufacturer takes aim at Southeast Asia market

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TAT and Visa sign MoU to boost tourists spending

30. May 2023

The Tourism Authority of Thailand (TAT) and Visa have signed a Memorandum of Understanding (MoU) for the latest collaboration on innovative data-driven marketing strategies with the objective of encouraging Visa cardholders from overseas to spend more while travelling in Thailand.

This article was originally published here: TAT and Visa sign MoU to boost tourists spending

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Investing in Thailand: A Guide for Expats

30. May 2023

Whether you are interested in real estate, stocks, bonds, businesses, or cryptocurrencies, there is something for everyone in Thailand's investment landscape.

This article was originally published here: Investing in Thailand: A Guide for Expats

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Thailand’s auto exports surged 43% in April

29. May 2023

According to the latest data from the Federation of Thai Industries (FTI), Thailand exported 79,940 finished cars in April, a 43.53% increase from the same month last year.

This article was originally published here: Thailand’s auto exports surged 43% in April

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Thailand has welcomed one million Chinese tourists since January

28. May 2023

In 2019, before the pandemic, Thailand received 11 million Chinese tourists, who accounted for 28% of the total foreign arrivals. In 2022, only 274,000 Chinese tourists visited Thailand, due to travel restrictions and quarantine measures.

This article was originally published here: Thailand has welcomed one million Chinese tourists since January

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China tops Thailand’s FDI but Vietnam also receiving a lot of Chinese investment

28. May 2023

Some of the major sectors that China invests in Thailand include manufacturing, real estate, energy and transportation. For example, China Railway Construction Corporation (CRCC) is involved in the construction of a high-speed railway linking Bangkok with Nakhon Ratchasima, which is part of a larger project to connect Thailand with Laos and China.

This article was originally published here: China tops Thailand’s FDI but Vietnam also receiving a lot of Chinese investment

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