Small businesses in Thailand, known as MSMEs, are adapting to a changing economy through the SHE Commerce Bootcamp, a program aimed at empowering women and LGBTQ+ entrepreneurs with AI-driven tools and digital marketing skills. This initiative enhances their competitiveness in the ASEAN market, supporting growth and access to broader consumer bases.
Tag: thailand
Can Electrification Rescue Bangkok’s Struggling Bus Authority?
Thailand plans to replace 2,320 combustion-engine buses with electric vehicles to reduce annual losses of seven to eight billion baht. The switch to electric buses, projected to cut maintenance and fuel costs significantly, is set for completion by 2027. The initiative also includes workforce restructuring and debt management aimed at achieving financial stability by 2030.
Thailand Cabinet Endorses Long Term Safeguards for Energy Prices
Thailand’s government has approved a fuel crisis response framework for 2026-2029 to stabilize its economy amid global energy fluctuations. Key price thresholds for intervention in diesel and LPG have been established, alongside measures to manage shortages. The plan promotes biofuels and enhances financial sustainability through a transparent fuel fund.
Thai Tourism Plus Initiative Set to Drive 20 Billion Baht in Economic Activity
The Thai government plans to launch the Thai Tourism Plus initiative on September 22, aiming to generate over 20 billion baht by boosting domestic travel in late 2026 and early 2027. The program offers accommodation support and coupons for various services, with strict anti-fraud measures to ensure fairness and transparency.
Thailand’s Automotive Tax Restructuring: A Catalyst for ASEAN Integration and Long‑Term National Competitiveness
Thailand’s automotive industry is at a pivotal moment with plans to restructure the excise tax, aiming to boost investment, domestic production, and supply chain collaboration. Encouraging the use of local parts, the initiative seeks to position Thailand as a global automotive hub, enhance ASEAN integration, and foster sustainable growth, particularly for SMEs.
Electric Vehicle Surge Drives Thailand’s Push to Become a World‑Class Automotive Hub
The Federation of Thai Industries supports restructuring the automotive excise tax to enhance investment, boost domestic production, and strengthen supply chains, particularly for SMEs. A recent meeting discussed leveraging tax policy to position Thailand as a global automotive hub, capitalizing on the growing electric vehicle market and ensuring fair competition and technological advancement.
Thailand’s SMEs Eye Global Growth Through Free Trade Agreements
Thailand’s Department of Foreign Trade is prioritizing support for small and medium-sized enterprises ahead of the 2027 Thailand–EFTA Free Trade Agreement. This initiative aims to enhance market access in Europe and improve the quality of Thai exports. Promotions and strategies are planned to maximize FTA benefits, particularly in emerging markets.
Thailand’s Export Reinvention Amid China’s Changing Import Demands
China’s agricultural sector is achieving self-reliance, drastically cutting imports of grains and meats while boosting exports. Thailand faces pressure on rice and sugar exports but can capitalize on rising demand for premium fruits and seafood. To succeed, Thai exporters must enhance quality, diversify markets, and adapt to changing consumer preferences in China.
Thailand sees rise in COVID and flu infections
Thailand’s public health faces challenges as COVID-19 and influenza cases rise simultaneously. With nearly 100,000 COVID-19 cases and 15 deaths, vulnerable demographics are notably older adults. Influenza infections have exceeded 330,000, leading to 48 deaths, primarily in schoolchildren and seniors. Health officials advocate for preventive measures to protect high-risk groups.
Thailand’s Bold Bet on Producing Food from Thin Sky
Air to Food technology is a transformative innovation leveraging biotech to convert carbon emissions into protein, addressing global food security and sustainability. Thailand aims to lead in this sector, tapping into lucrative markets like aquafeed and nutraceuticals. Challenges exist, but existing strengths in food production provide a solid foundation for development.
