Hefty U.S. Tariffs Threaten Southeast Asia’s Economic Gains
Southeast Asian countries found themselves grappling with economic shockwaves on Thursday as they faced some of the highest tariffs imposed by the U.S. President Donald Trump. These hefty duties now threaten the economies that previously thrived on investments since Trump’s first-term tariffs on China redirected manufacturing to the region. Vietnam,
Thailand Sets Sights on Reducing Trade Surplus with the U.S.
In a move to balance trade relations, Thailand is looking to cut down its trade surplus with the United States to $20 billion. The plan? More U.S. products—specifically agricultural goods like corn, soybeans, and ethylene- are being imported. This initiative aims to address trade disparities while aligning with evolving U.S.
Is Thailand About to Become Google’s New Tech Hub?
Google announced on Monday that it plans to invest 36 billion Thai baht, equivalent to $1 billion, in Thailand to expand its presence in Asia. With the investment, Google plans to develop a data centre and expand Thailand’s cloud infrastructure. This will be Google’s first data centre in Chonburi, an
Is Thailand a Crypto-Friendly Country? Find Here
Thailand is emerging as a global hub for cryptocurrency activities. Its supportive regulatory framework develops the economy to present opportunities for global investors. The constant support of government initiatives and regulations and the regular adoption of the latest technology can lead to a rise in Thailand’s crypto investment. Even though
Why Thailand is a Gem for New Technologies?
Thailand technology sector has been witnessing continuous growth, expanding its position as a strong economic player in Southeast Asia. Also, Thailand 4.0 was rolled out as a prominent government initiative that contributes to the growth of the digital economy and predicts a GDP rate of 25% by 2027. With an