thailand

Thailand is considering a major change to its electric vehicle tax policy.
The proposal could increase the excise tax on EVs without locally made parts from 10% to as high as 31–39%. EVs that use domestic components could continue to receive a much lower 2% rate.
Why is Thailand considering this?
👉 Protect local car manufacturers
👉 Encourage companies to produce EVs inside Thailand
👉 Increase the use of Thai-made components
👉 Reduce pressure from cheaper imported EVs, especially Chinese models
Thailand's EV market has grown rapidly. In 2025, EV sales reached around 140,000 units, nearly one-quarter of new car sales. Chinese-made EVs accounted for about three-quarters of the Thai EV market.
The policy could create a big shift in the market.
Imported EVs may become more expensive, while companies that invest in local production could get a major advantage.
🔥 But here's the big question:
Will higher taxes protect Thailand's auto industry — or make EVs too expensive for consumers?
What do you think?
🇹🇭 Good for Thailand
⚡ Bad for EV adoption
🤔 Too early to say
#Thailand #EV #ElectricVehicles

Thailand’s national agency has expressed optimism about the country’s economic outlook for the third quarter, expecting an improvement in GDP. The agency’s forecasts suggest a positive trajectory as economic activities continue to recover from previous slowdowns.
According to Jin10, officials indicated that the recovery is supported by several factors, including increased domestic consumption, a rebound in exports, and ongoing government stimulus measures. These elements are expected to contribute to a more robust economic performance in the upcoming months.
The outlook aligns with recent data showing steady improvements in various sectors, providing hope that Thailand’s economy will regain momentum after a challenging period. The agency’s statement underscores confidence that the economic fundamentals are strengthening, paving the way for a better Q3.
Economists and market analysts will be closely watching upcoming economic indicators and policy developments to assess whether the anticipated growth materializes. The positive outlook from the national agency offers some reassurance for investors and policymakers aiming to sustain economic stability and growth. #Thailand #GDP #EconomicRecovery

Thailand's second-quarter gross domestic product (GDP) grew by 1.9% compared to the same period last year, surpassing the expectations of a 1.7% increase according to a Reuters poll. The official data indicates a stronger-than-anticipated recovery for Thailand’s economy, driven by a combination of domestic consumption, exports, and government spending.
The GDP growth figures highlight a resilient economic performance amid global uncertainties and regional challenges. The stronger-than-expected increase suggests that Thailand’s economic rebound is gaining momentum, supported by improved export demand and ongoing domestic economic activities.
Economists and analysts view this positive growth rate as a sign of stabilization and recovery, potentially paving the way for continued expansion in the upcoming quarters. The Thai government has been implementing policies aimed at boosting economic activity, and these results may reinforce confidence in the country’s economic outlook.
As the country moves forward, market participants will be monitoring upcoming economic indicators and policy measures that could influence Thailand’s growth trajectory further. The Q2 GDP data provides a promising outlook for Thailand’s economic resilience and potential for sustained recovery. #Thailand #GDP #EconomicGrowth