Thai Government Moves Forward to Balance Trade with the U.S., Aims to Cut Trade Surplus by 50%
Thai Government Moves Forward to Balance Trade with the U.S., Targets a 50% Reduction in Trade Surplus within 5 Years
The Thai government is strengthening trade negotiations with the U.S. after being closely watched as one of the countries with the largest trade surpluses with the U.S. In 2024, Thailand recorded a trade surplus of over $35 billion, and the 2025 forecast could reach $45 billion, placing Thailand among the top 10 countries with the largest trade surpluses.
Thailand Considers Hosting MotoGP and F1 to Boost the Economy
Thailand is currently in the process of deciding whether to extend the contract to continue hosting MotoGP, as the current agreement ends in 2026. If the extension happens, discussions must begin this year.
OIC Partners with Insurance Companies to Enhance Earthquake Coverage
Following the earthquake on March 28, which affected many areas of Bangkok and its surrounding provinces, the Ministry of Finance has assured the public that the government is closely monitoring the situation. Relevant agencies have been instructed to urgently implement measures to assist affected citizens and businesses.
