The closure of the Strait of Hormuz since 28 February 2026 has triggered the largest disruption to global energy supply in the history of the oil market. Thailand, among the most exposed economies in Asia to rising oil prices, is already feeling the commercial and legal consequences, underscored by
Thailand’s Commerce Ministry has asked businesses across the country to keep prices of goods unchanged for 60 days to help control the cost of living. The request covers essential items such as food and daily necessities. Officials said there is enough supply in the market, so people should not
It was a great and enlightening experience to listen to Vice-President Lars R. Nielsen’s detailed and engaging introduction, which was clearly reflected during the presentations on the background of the Pandora factory in Lamphun, its layout, and its management. The participants and the chamber were very impressed and thoroughly
Vietnam is predicted to overtake Thailand in economic size. The Vietnamese government aims for a real GDP growth of 8% in 2025 and over 10% in subsequent years, whereas Thailand's growth is projected to decelerate due to domestic political instability and border tensions with Cambodia. Nikkei Asia reports that
Last Friday 26 September 2026 the Danish – Thai Chamber of Commerce was invited by Index Living Mall to observe the opening of the latest franchise newcomer Flying Tiger Copenhagen. The new store was opened on 2nd floor in the EmSpere mall, close to Phrom
Index Living Mall is expanding its business diversification strategy in Thailand by acquiring the exclusive franchise rights for Flying Tiger Copenhagen, the well-known Danish lifestyle retail brand. This move will bring creative and affordable lifestyle products to Thai shoppers, further strengthening Index Living Mall’s and Danish design's presence in
LEGO is finally opening the doors of its new manufacturing factory in Vietnam, driving sustainability and innovation and creating new labour opportunities. With the “state of the art” factory in Vietnam’s southern province of Binh Duong, Lego set new benchmark on “how to build safer, cheaper, faster but without
The Thai economy in 2024 is still recovering slowly and growing below expectations. The Bank of Thailand has lowered its GDP forecast for 2023 and 2024 to 2.4% and 3.2%, respectively. Tourism, which was a major driver of the Thai economy before the pandemic, is still a concern. What
The continued conflict between Israel and Hamas has economic consequences that reaches far beyond the Middle East region. This is impacting Thai exports and also lead to uncertainty for the future. The conflict has led to increased transportation costs and delayed delivery times due to affected shipping through the