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Thailand will introduce a 45% tax on imported vintage cars in fiscal year 2026, a strategic move projected to boost government revenue by an additional THB1-2 billion (US$31.4-62.9 million) annually. The regulations accompanying this tax will restrict these…
According to a recent report from Knight Frank, Bangkok is entering the second half of 2025 amidst a complex mix of challenges and opportunities in its tourism and hospitality sector. The initial half of the year witnessed a noticeable dip in hotel occupancy,…
In a bold move that underscores the dynamic landscape of Asian retail, luxury fashion powerhouse Dior has announced plans to open a stunning new boutique in Bangkok’s prestigious Iconsiam shopping complex. Set to launch in early 2024, the new store will not…
Bangkok’s hotel market is seeing a shift as it navigates the complexities of 2025. According to a report from Knight Frank, average occupancy rates dipped to 75.1% in the first half of the year, marking a 3.7 percentage point decrease from the same period in…
The Thai government is weighing a tax on physical gold trading as a strategy to temper the surging value of the baht, a move that could have significant repercussions for the country’s export and tourism sectors. Discussions are ongoing between the Bank of…
Bangkok’s condominium market continued to feel the squeeze in the second quarter of 2025, with only two new projects launching and a mere 405 units introduced. This staggering figure marks the lowest level of new launches in 15 years, as reported by Knight…
The National Broadcasting and Telecommunications Commission (NBTC) of Thailand is stepping up its game in the race towards Thailand 4.0 by announcing a groundbreaking allocation of free spectrum aimed at factories and enterprises. This initiative is set to…
Swiss-based sportswear retailer, On, has proudly unveiled its new flagship store located within the luxurious confines of Bangkok’s prestigious IconSiam mall. This exciting venture was launched in collaboration with their Singaporean counterpart, Gill…
According to a recent JLL report, six new projects are poised to make their debut in the Bangkok market by 2025, boasting an impressive average presales rate of 70%. However, most developers are adopting a conservative stance, prioritizing inventory clearance…
Central Marketing Group (CMG), a division of Central Retail, has recently attained exclusive distribution rights for Aveda in Thailand, marking a significant step into the high-end haircare market. A Strategic Move This development resonates with the…
In a significant development for Bangkok’s commercial landscape, two major office projects are set to reshape the city’s Grade A office market by the end of 2025, introducing an impressive 161,000 square meters of new stock. According to a recent report from…
True Corporation is making waves in network management with the rollout of its AI-CODC (Cell Outage Detection & Compensation) system, an innovative artificial intelligence-driven solution aimed at enhancing communication reliability along the tumultuous…
Zus Coffee, the well-established Malaysian chain, has announced its expansion into Thailand with the opening of two new outposts in Bangkok. This move marks a key stage in the brand’s previously stated intentions for regional growth. Expansion into Bangkok…
Thai Airways is embarking on an ambitious expansion, aiming to nearly double its fleet from 78 to 150 aircraft by 2033. The airline’s CEO, Chai Eamsiri, revealed in an interview that the company has struck a deal with Boeing for 45 787 Dreamliners, yet…
In a significant development for the Asian tech landscape, France-based data center operator Etix Everywhere has inaugurated its latest facility, BKK#2, in Bangkok, Thailand. This new addition boasts a robust capacity of 23 megawatts (MW), positioning it as a…
Boots Thailand has recently unveiled one of its largest outlets yet located at the bustling One Bangkok mall. The aim is to expand its network further across the nation. Expansive Features and Focus on Wellness The newly opened concept store, situated on the…
