Can Vietnam Sustain Double-Digit Growth?

Thailand Business News - Oct 12, 2026

Vietnam’s export and foreign direct investment led growth model has underpinned strong economic performance and supported its transition to upper-middle income status.

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Thai Listed Companies Face Nearly $11 Billion in Annual Climate‑Risk Costs by 2050, S&P Global Warns

Oct 8, 2026

Thai Listed Companies Face Nearly $11 Billion in Annual Climate‑Risk Costs by 2050, S&P Global Warns

Thailand’s largest listed companies are on track to absorb almost USD 11 billion per year in climate‑related physical risk costs by the 2050s if no adaptation measures are taken, according to new analysis from S&P Global Sustainable1. The study evaluates 84 companies representing 97% of the SET100 market capitalization and applies high‑resolution climate‑risk modelling to […]

SCB EIC forecasts robust economic growth in Asia for 2026 fueled by global electronics cycle and AI

Oct 7, 2026

SCB EIC forecasts robust economic growth in Asia for 2026 fueled by global electronics cycle and AI

SCB EIC projects strong economic growth in Asia in 2026, driven by the accelerating global electronics cycle and AI investment. However, the region’s growth faces pressures from high energy prices, uncertainty surrounding US trade policy, and tighter financial conditions, impacting countries differently depending on their energy structure, export base, and role in the global AI […]

Asian stocks retreat as oil rises above $100 and investors reassess global rate risks

Oct 7, 2026

Asian stocks retreat as oil rises above $100 and investors reassess global rate risks

Asian equities weakened on Wednesday despite another record-setting session on Wall Street, as rising oil prices and renewed concerns over global bond yields offset optimism about corporate earnings and AI-related growth. The MSCI Asia-Pacific index excluding Japan fell about 0.5%, while Hong Kong and Singapore declined and technology shares in South Korea also came under […]

Time to Rewrite Energy Rules: Unavoidable Transition for Thailand

Oct 7, 2026

Time to Rewrite Energy Rules: Unavoidable Transition for Thailand

Recent Middle East conflict and oil price volatility have highlighted Thailand’s dependence on imported fossil fuels, prompting calls to accelerate its clean energy transition. A seminar involving energy experts, policymakers, and industry representatives concluded that reducing fossil fuel dependence is now an economic and security necessity, not just an environmental goal, with ASEAN neighbors facing […]

Phuket named top wellness destination by Canadian travellers

Oct 7, 2026

Phuket named top wellness destination by Canadian travellers

Phuket has won Air Canada Vacations’ 2026 Travellers’ Top Picks Award for Wellness, voted for by Canadian travellers.

World Bank raises Thailand’s 2026 growth outlook to 2% but warns AI dependence and climate risks remain

Oct 6, 2026

World Bank raises Thailand’s 2026 growth outlook to 2% but warns AI dependence and climate risks remain

The World Bank has upgraded Thailand’s 2026 growth forecast by 0.7 percentage points to 2.0%, citing stronger exports linked to the global AI boom, but warned that flooding, a potential severe El Niño and weak domestic adoption of AI could limit the benefits. The upgrade comes even as Thailand continues to face unusually heavy flooding, […]

What Would an ASEAN-Canada Free Trade Agreement Mean for Foreign Investors?

Oct 6, 2026

What Would an ASEAN-Canada Free Trade Agreement Mean for Foreign Investors?

summarize this content to 20 words The proposed ASEAN-Canada Free Trade Agreement (ACAFTA) could reduce trade barriers between Canada and Southeast Asia while creating new opportunities for companies using ASEAN as a manufacturing, sourcing, services, or regional investment base. Canada-ASEAN bilateral merchandise trade reached C$52.5 billion (US$38 billion) in 2025, up 23.6 percent from C$42.4 billion (US$31 billion) in 2024. ASEAN’s member states collectively represented Canada’s fifth-largest merchandise trading partner. From ASEAN’s perspective, Canada ranked as its 16th-largest trading partner and 10th-largest source of foreign direct investment in 2025. ASEAN now comprises 11 member states following Timor-Leste’s admission in October 2025. Where ASEAN-Canada trade and investment stand today Manufacturing in ASEAN frequently involves regional production networks. A product assembled in Vietnam, for instance, may contain inputs from Malaysia, Thailand, or Indonesia. Whether those inputs count toward the product’s originating status could determine whether it qualifies for preferential tariffs when exported to Canada. Canada’s negotiating objectives specifically seek rules allowing the cumulation of materials and production and recognizing existing regional production patterns. If reflected in the final agreement, these provisions could give manufacturers greater flexibility to divide qualifying production and sourcing among ASEAN countries rather than concentrating activities in one jurisdiction solely to obtain tariff preferences.

Thailand’s Floods Expose Severe Vulnerabilities in Its Automotive Supply Chain

Oct 6, 2026

Thailand’s Floods Expose Severe Vulnerabilities in Its Automotive Supply Chain

Thailand's floods have disrupted Toyota and Honda production, highlighting supply-chain vulnerabilities that could threaten the nation's automotive dominance as climate risks grow.

Phuket Vegetarian Festival 2026 Expected to Generate Over 1.4 Billion Baht

Oct 6, 2026

Phuket Vegetarian Festival 2026 Expected to Generate Over 1.4 Billion Baht

Phuket is preparing to host the 2026 Vegetarian Festival from October 9–18, with more than 140,000 visitors expected and at least 1.4 billion baht in local economic activity. Deputy Government Spokesperson Ploytalay Laksmeesangchan stated that the annual festival, locally known as Jia Chai, is a significant cultural tradition that reflects the religious faith and heritage […]

Thailand’s LTR visa program has reached 12,000 approvals over the past four years

Oct 5, 2026

Thailand’s LTR visa program has reached 12,000 approvals over the past four years

Thailand's Long-Term Resident (LTR) visa program has approved 12,010 high-potential foreigners since its September 2022 launch, generating an estimated USD 1.28 billion in economic value through fees, spending, investment, and tax revenue.

The Changing Map of Growth: Why East Asia and the RCEP Are More Important Than Ever

Oct 4, 2026

The Changing Map of Growth: Why East Asia and the RCEP Are More Important Than Ever

The RCEP region, led by ASEAN+3, is becoming a significant global economic center. Key focuses include deepening regional integration, enhancing supply chains, managing risks, and driving global growth.

Thailand Business News — Morning Briefing

Oct 4, 2026

Thailand Business News — Morning Briefing

Thailand & Asia | 5 October 2026 Thailand’s floods are hitting 1,315 businesses as renewed rain threatens to prolong the economic damage Thailand’s flood crisis is increasingly becoming a business-continuity problem rather than a short-lived disruption. The Ministry of Industry says 1,315 businesses across 40 provinces have been affected, including 77 factories, 1,179 SMEs, two […]

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