The Thai economic recovery remained on track in June, with the tourism sector expanding on higher foreign tourist arrivals and exports decreasing, according to the Bank of Thailand (BoT).
Bangkok (VNA) – TheThai economic recovery remained on track in June, with the tourism sectorexpanding on higher foreign tourist arrivals and exports decreasing, accordingto the Bank of Thailand (BoT).
Thailand recorded a currentaccount surplus of 1.4 billion USD in June, after a deficit of 2.8 billion USD inMay, the BoT said. Exports, a key driver of growth, dropped 5.9% year-on-yearin June, the same pace as in May.
In the first six months, Thailand welcomed 12.9 million foreign visitors.
In the second quarter of2023, Southeast Asia's second-largest economy displayed a moderate improvementfrom the previous quarter as foreign tourist numbers increased and the serviceand private consumption expanded, the central bank said.
The Tourism Authority of Thailand (TAT) estimated that next year, the country willhost 25.8 million foreigners, who participate in short-term tourism programmesand contribute 1.2 trillion THB to its total tourism revenue./.
The Thai economy grew 2.7% in the first quarter from a year earlier, higher than the 1.4% expansion in the previous quarter, according to the National Economic and Social Development Council (NESDC).
Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, said Thai Finance Minister Arkhom Termpittayapaisith on May 29.
Thailand's economy remains stable and is projected to continue growing for the rest of 2023, according to the country’s National Economic and Social Development Council (NESDC).
Thailand's finance ministry has lowered the country's economic growth projection for 2023 to 3.5 % from the previous forecast of 3.6% despite a strong recovery in tourism.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
A specialist police unit has acquired a fleet of off-road vehicles to help officers navigate rough, unpaved terrain – and flood waters – to respond more quickly to public security incidents.
The pact covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement and economic cooperation.
The talent programmes mark another milestone in the technical partnership between PETRONAS and the Energy Institute, which focuses on three pillars: promoting decarbonisation and operational excellence through innovative solutions, enabling informed decision-making with expert advice, and nurturing the next generation of energy professionals.
The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.
Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
Tourists in Bangkok, Thailand (Photo: AFP/VNA) 
