1. Police are closing in on a hacker who threatened to release data stolen in an alleged security breach affecting millions of Thais, said DES Ministry.
  2. Authorities aim to bolster GDP by pushing ahead with a plan to generate Bt2.2trnl worth of investment in five targeted industries in the EEC by 2026, such as Evs and medical tech.
  3. Thai National Shippers’ Council sees exports dropping 7.4% in 1H23, after -10% in 1Q23, due to high growth in 2022.
  4. Consensus builds: Asian Development Bank predicts Thai growth of 3.3% this year, based on a recovery in tourism and spending. Exports of goods and services in 2023 and 2024 are expected to moderate, growing 6.6% and 6.3%, down from 6.8% last year. Thailand’s economic growth is projected at 3.3% this year and 3.7% in 2024 as a recovery in tourism and private consumption help offset a slowdown in exports, according to the Asian Development Bank (ADB). Bangkok Post
  5. Fitch expects growth to be restricted to 3% this year: The Thai economy is set to expand by only 3% this year, well below the Bank of Thailand’s forecast of 3.6%, due to rising risks of a deeper slowdown in the global economy stemming from increasing uncertainty and banking stresses in the US and Europe, said Fitch Solutions. Bangkok Post
  6. Motor show bookings surge 35%: Economic recovery, EV policy push sales. Car and motorcycle bookings at the 2023 Bangkok International Motor Show rose by over 35% year-on-year to 45,983 units. Car and motorcycle bookings at the 2023 Bangkok International Motor Show, which ended on Sunday, rose by more than 35% year-on-year to 45,983 units, thanks to an improving economy and electric vehicles (EVs). Bangkok Post
  7. Agents predict 1m Chinese in Q2: The Association of Thai Travel Agents (Atta) expects 1 million Chinese tourists in the second quarter of this year, following positive signs of flight resumptions, while urging authorities to help regulate “zero-dollar” tours and illegal tour guides. Bangkok Post
  8. Pheu Thai pushes hi-tech: Policies tout digital wallet, soft power. The Pheu Thai Party launched its campaign policies yesterday promising to bring a better future to Thais by lifting income, reforming the justice system and upgrading infrastructure to boost competitiveness. Bangkok Post
  9. BOI’s approved Bt114b in EVs related tax privileges.
  10. The TAT expects Songkran holiday to generate total rev of Bt18.5b, with domestic trips exceeding the 2019 level based on pent-up demand.

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