Foreign investment in Thailand may decline in the long term if the government fails to tackle expensive power bills, making the nation less competitive than its neighbours, warns the Federation of Thai Industries (FTI).

Commerce Minister Jurin Laksanawisit will lead Thailand's trade negotiating team to Brussels on Wednesday to rev up negotiations on a free-trade agreement (FTA) with the EU, with the joint political will likely to be agreed upon and announced during the two-day official visit.

Business leaders have been participating in trade negotiations at the eighth edition of the Italian-Thai business forum.

An upswing in tourism from China’s reopening will help boost Thailand’s economy, but isn’t sufficient to restore growth to pre-pandemic levels just yet, according to analysts.

The Department of Business Development (DBD) is preparing to check the profiles of Thai nominees at 400 to 500 foreign-run businesses to see if they violate any laws.

Hong kong: Thai startups are being encouraged to explore business opportunities in Hong Kong, after Beijing eased its Covid-19 rules and reopened borders on Jan 8.

More than 4,000 Chinese business leaders are expected to attend the 16th World Chinese Entrepreneurs Convention (WCEC) in Bangkok in June, giving an added boost to the economy and the tourism sector, according to the Thai-Chinese Chamber of Commerce.

China's reopening, continued inflows of foreign funds, and anticipated spending for Thailand's national election scheduled for early May should put the Thai stock market in the spotlight in the first half this year, according to analysts.

Thai consumer confidence rose for a seventh straight month in December, reaching a 25-month high, boosted by improved economic activity and higher foreign tourist arrivals, a survey showed on Thursday.

The Stock Exchange of Thailand (SET) has unveiled a three-year strategic plan focused on improving its trade monitoring system and enhancing the competitiveness of the Thai capital market as it seeks to handle an expected increase in stock trading this year.

Thai exports are forecast to grow by 6-6.5% in 2022, missing the target estimate of 7-8%, as global demand slowed in the final quarter, says the national shipping trade group.

The Industrial Estate Authority of Thailand (IEAT) is utilising marketing tactics at four of its industrial estates to attract more Thai and foreign investors.

The Federation of Thai SMEs is asking the government to draw more foreign tourists to second-tier provinces in a move to help drive local economies and support small and medium-sized enterprises (SMEs).

Thailand's electric vehicle (EV) market will continue to gain momentum in 2023, with sales expected to reach between 25,000 and 35,000 units, says the Federation of Thai Industries (FTI).

For more than 40 years he represented New Zealand as a diplomat with postings in Bangkok, London, Brussels and the United Nations.

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Thai tourism stocks soared yesterday on news that Beijing is lifting travel curbs earlier than expected, boosting hopes that Thailand's tourism sector, trade and spending would recover much faster than the previous forecast.

The government is upbeat about sales of Thai geographical indication (GI) products, expecting sales including exports to outstrip the 42 billion baht originally projected for this year.

Enforcement of the financial transaction tax could give foreign investors a reason to exit the Thai stock exchange and focus on other bourses, according to investment analysts.

Muji Retail (Thailand) Co, the homewear and lifestyle retailer, has fine-tuned its business strategies to reach more Thai customers and drive its sales growth in the longer term.