Chiangraitimes

Thailand’s EV Dream Faces a 2027 Reality Check When Subsidies End

BANGKOK – Thailand has worked hard to become the electric vehicle manufacturing hub of Southeast Asia. The country rolled out the welcome mat for global automakers with a massive subsidy program called EV3.5. This bold move sparked a rush of foreign investment and a boom in local factory construction. However, this automotive success story might […]

The post Thailand’s EV Dream Faces a 2027 Reality Check When Subsidies End first appeared on Chiang Rai Times.

Behind the Curtain: Is China’s Economic and Population Data a Carefully Crafted Illusion?

BEIJING – In the high-stakes arena of global power, numbers are just as important as military might. Population size and economic growth are the scorecards that tell the world who is winning. For decades, the China’s Communist Party (CCP) has presented a picture of unstoppable rise. They have claimed record-breaking economic growth and a massive […]

The post Behind the Curtain: Is China’s Economic and Population Data a Carefully Crafted Illusion? first appeared on Chiang Rai Times.

The Slow-Motion Crisis: China’s Economic Miracle is Hitting a Wall

BEIJING – For decades, China’s economy looked like a perfect, unstoppable miracle. Gross Domestic Product (GDP) soared year after year. New skyscrapers appeared in massive cities, and property prices exploded to record highs. But behind this shiny surface, a different reality was taking shape. According to prominent Chinese economist Zhou Qiren, the true story is […]

The post The Slow-Motion Crisis: China’s Economic Miracle is Hitting a Wall first appeared on Chiang Rai Times.

Thailand’s State Corruption Exposed By Thailand’s Top Business Leaders

BANGKOK — A bombshell report released by Thailand’s top business leaders has sent shockwaves through the government bureaucracy. According to a joint survey by the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) and the Zero Corruption Organisation, bureaucratic bribery in Thailand is worsening. Leading the pack of the country’s ten most corrupt agencies […]

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Foreign Investors in Thailand Pull Back From Investments as Regional Tensions Rise

BANGKOK - The Thai economy is facing a new wave of uncertainty. Just as Thailand began to see a flicker of recovery, a major energy shock triggered by conflict in the Middle East has sent foreign investors rushing for the exits.

The post Foreign Investors in Thailand Pull Back From Investments as Regional Tensions Rise first appeared on Chiang Rai Times.

China Intensifies 20 Percent Tax Enforcement on Overseas Investments

BEIJING - China has moved to strengthen its oversight of taxes on profits earned from overseas investments, applying a 20% tax on income from offshore trading .

The post China Intensifies 20 Percent Tax Enforcement on Overseas Investments first appeared on Chiang Rai Times.

India’s Central Bank Cuts Interest Rates for First Time in 5 Years

The Reserve Bank of India has cut interest rates for the first time in almost five years to tackle the slowdown in the growth of Asia's third-largest economy.

The post India’s Central Bank Cuts Interest Rates for First Time in 5 Years first appeared on Chiang Rai Times.

Thailand Eases Visa Rules for Skilled Professionals and Investors

This week, Thailand's cabinet approved revisions to the nation to make it, which will appeal to qualified professionals, investors, and rich foreigners to get long-term permits.

The post Thailand Eases Visa Rules for Skilled Professionals and Investors first appeared on Chiang Rai Times.

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