Thailand's Finance Minister Pichai Chunhavajira has emphasized the urgency of finalizing a crucial tax deal with the United States before the July 9th deadline. The government aims to secure a mutually beneficial "win-win" agreement to mitigate the impact of potential US tariffs and navigate evolving global trade dynamics. The negotiations are crit
World Bank Lowers Thailand's Economic Growth Forecast to 1.8% for 2025
The World Bank has significantly downgraded Thailand's economic growth forecast for 2025, projecting an expansion of just 1.8%. This revised outlook, a notable decrease from earlier projections, is attributed to a combination of weaker exports, slower-than-anticipated tourism recovery, particularly from China, and subdued domestic demand. Political
DSI Nabs Key Figure in Extensive Transnational Scam Network
The Department of Special Investigation (DSI) in Thailand has announced a major breakthrough with the arrest of a Thai woman believed to be a central figure in a sprawling transnational scam network. The operation involved 29 bogus companies and is estimated to have caused financial damages exceeding 2 billion baht. This successful operation is par
Thai-Cambodian Border Tensions Ease After Diplomatic Interventions
Tensions along the Thai-Cambodian border appear to be de-escalating following recent armed clashes that resulted in casualties. Diplomatic talks between high-ranking officials from both nations have focused on establishing clearer protocols and resolving underlying territorial disputes peacefully. The incident highlights the delicate nature of rela
Thailand Signals Major Policy Shift to Re-Criminalize Cannabis
Thailand is reportedly moving towards a significant policy reversal by re-criminalizing cannabis, less than two years after its landmark legalization. This decision, driven by concerns over public health and social order, has drawn sharp criticism from the burgeoning cannabis industry, which has invested heavily and fears a return to illicit market