Thailand Publishes Rules for Virtual Bank Licenses
The Bank of Thailand (BoT) recently published rules, procedures, and conditions for the application for and the issuance of a virtual bank license. This will allow applicants with expertise in technology, digital services, and the utilization of diverse types of data...
BMW Group to Construct High-Voltage Battery Assembly Plant in Thailand
Construction work is underway for the BMW Group’s Thai manufacturing facility for Gen-5 high-voltage batteries. With that, the BMW Group is readying a production facility to manufacture fully electric vehicles, with local battery electric vehicles (BEV) production...
Survey from Tourism Authority of Thailand Reveals Rises in Tourist Spending
A Tourism Authority of Thailand (TAT) survey has revealed that foreign tourists in the country have increased their spending on accommodation post-pandemic, showing a preference for luxury hotels or resorts despite higher airfares. The survey, which involved 30,054...