Despite record production and ample stocks, the Philippines is expected to import a record volume of rice in the 2024-2025 crop year.
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Thailand to become official partner of BRICS in January
Thailand will become an official partner of BRICS from January 1 onwards, the Thai Ministry of Foreign Affairs said on December 30.
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Thailand attracts over 35 million international tourists in 2024
The Tourism Authority of Thailand announced that international tourist arrivals in 2024 surpassed 35 million, generating over 1.8 trillion THB (52.81 billion USD) in revenue.
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Thailand to adopt global minimum tax from early 2025
Thailand will implement a global minimum corporate tax of 15% on multinational enterprises from January 1, 2025, the country’s finance ministry said on December 27.
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Thailand’s exports in 2024 poised to hit record high
Thailand’s exports are on track to achieve a historical high of 300 billion USD this year, up 5.2% year-on-year, according to the Ministry of Commerce.
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Thailand plans to cut armed forces
Thailand’s Defence Council on December 23 approved a white paper that outlines a plan to downsize the armed forces and reduce spending on weapons.
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Thailand’s tourism forecast to grow strongly in New Year 2025
The Tourism Authority of Thailand (TAT) has predicted exponential growth for the country's tourism industry during the upcoming New Year festivities, which are expected to generate over 62 billion THB in revenue.
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Major defence industry corporations compete for market share in Vietnam
Major western aerospace companies are competing to capture market share in Vietnam, seeing this as a potential market for military aircraft and helicopters, reported Canada’s aviation news website flightglobal.com.
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Indonesia to build first nuclear power plant
Indonesia is planning to build its first nuclear power plant on Kelasa island in Bangka Belitung province.
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Thailand: flooding continues in five southern provinces
Flooding continued in five southern provinces of Thailand, affecting at least 128,000 families, the country’s Department of Disaster Prevention and Mitigation (DDPM) reported on December 16.
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Thai police arrest two suspects of festival booming
Authorities in Thailand have arrested two suspects following a blast at a festival near the border with Myanmar that killed three people and wounded dozens.
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Philippine President urges residents to evacuate after Mt Kanlaon eruption
Philippine President Ferdinand Marcos Jr. on December 13 urged residents affected by the eruption of Kanlaon Volcano in the central part of the country to comply with local government evacuation orders.
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UNESCO announces Asia-Pacific heritage award winners
The winners of the 2024 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation have been announced, with eight outstanding projects from across the region.