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Thailand is at a crucial turning point in its economic and social development, as the country faces intensifying economi...
12/06/2026

Thailand is at a crucial turning point in its economic and social development, as the country faces intensifying economic competition, shifting global geopolitics and the need to restructure for the modern economy.

One of the government’s key missions is to secure Thailand’s membership of the Organisation for Economic Co-operation and Development, or OECD, by 2028.
Although many may view the OECD simply as an international economic organisation made up largely of developed economies, Thailand sees accession as a “historic opportunity” to raise standards of governance, improve regulations and restore confidence among global investors.

The issue was discussed in depth at the Thailand Rule of Law Leadership Forum 2026: Competitiveness and OECD Readiness, which brought together policymakers, academics and business leaders to exchange views on Thailand’s future under OECD standards.

Participants shared the view that the “rule of law” would be central to determining Thailand’s competitiveness over the next decade.



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The World Bank cut its forecast for global growth in 2026 to 2.5% on Thursday (June 11), blaming the war in the Middle E...
12/06/2026

The World Bank cut its forecast for global growth in 2026 to 2.5% on Thursday (June 11), blaming the war in the Middle East and warning that the outlook could deteriorate sharply if energy supplies suffer deeper disruption and financial markets come under heavy strain.

In its half-yearly Global Economic Prospects report, the bank said the world economy expanded by 2.9% in 2025, 0.2 percentage point higher than it had estimated in January.

Its latest 2026 projection, however, was trimmed by 0.1 percentage point from January and marks the weakest forecast since the Covid pandemic began in late 2019.



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Thailand’s rice policy committee has approved two measures and five projects worth Bt10.19 billion to stabilise paddy pr...
12/06/2026

Thailand’s rice policy committee has approved two measures and five projects worth Bt10.19 billion to stabilise paddy prices, support farmers and add value to Thai rice.

The government has approved more than 10 billion baht in funding to manage 11.5 million tonnes of paddy rice, aiming to shore up prices, support farmers’ income and add value to Thai rice.

Suphajee Suthumpun, Deputy Prime Minister and Minister of Commerce, said after Friday’s meeting of the National Rice Policy and Management Committee (NRPMC) that the panel had acknowledged the global rice outlook for the 2026/27 production year, which is expected to become tighter.



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Former South Korean president Yoon Suk Yeol has been handed another heavy prison sentence, this time over a military dro...
12/06/2026

Former South Korean president Yoon Suk Yeol has been handed another heavy prison sentence, this time over a military drone incursion into North Korea.

A Seoul court found him guilty of charges linked to the operation, which prosecutors said helped create the conditions for his failed martial law declaration in December 2024.

Yoon denies wrongdoing and can still appeal the ruling, adding another chapter to one of South Korea’s most dramatic political downfalls.



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FIFA has announced a record US$655 million prize fund for the 2026 World Cup, with the champions set to receive US$50 mi...
12/06/2026

FIFA has announced a record US$655 million prize fund for the 2026 World Cup, with the champions set to receive US$50 million, or around 1.63 billion baht.

FIFA has officially announced the prize-money structure for the 2026 FIFA World Cup, allocating US$655 million, or around 21.29 billion baht, in performance-based rewards to the 48 national teams that qualify for the finals.

It will be the highest prize fund in the history of the men’s national-team tournament.



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Thailand has discussed the idea of becoming a Medical Hub for more than 20 years.The country previously relied on medica...
12/06/2026

Thailand has discussed the idea of becoming a Medical Hub for more than 20 years.

The country previously relied on medical tourism, in which visitors travelled for treatment on a case-by-case basis, a model that generated huge revenue over the past decade.

But amid intense competition from neighbouring countries and structural demographic change, Thailand’s current Medical Hub policy direction appears to be seeking an upgrade towards becoming a “Premium Medical Destination”.



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India’s largest low-cost carrier, IndiGo, has announced that its direct service to Krabi will be suspended from July 1 t...
12/06/2026

India’s largest low-cost carrier, IndiGo, has announced that its direct service to Krabi will be suspended from July 1 to September 30, 2026, as part of a restructuring of its international route network.

The move is aimed at responding to higher operating costs and slower passenger demand during the third quarter, which falls outside the peak tourism season.
In addition to Krabi, IndiGo will also suspend flights to five other destinations: Langkawi, Hong Kong, Shanghai, Ho Chi Minh City and Siem Reap. Most of these routes will be paused from July 1, while the Siem Reap service will be suspended from July 3.

The airline explained that the decision formed part of its capacity management strategy to match current market conditions, while also addressing airspace restrictions and persistently high operating costs.



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His Majesty King Norodom Sihamoni of Cambodia has sent a Royal Message of condolence to His Majesty King Maha Vajiralong...
12/06/2026

His Majesty King Norodom Sihamoni of Cambodia has sent a Royal Message of condolence to His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua.

The message expressed profound sorrow over the passing of Her Royal Highness Princess Bajrakitiyabha.

His Majesty also conveyed prayers and moral support to the Thai Royal Family during this time of deep mourning.



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The United Nations Office on Drugs and Crime for Southeast Asia and the Pacific has joined Thailand in mourning the pass...
12/06/2026

The United Nations Office on Drugs and Crime for Southeast Asia and the Pacific has joined Thailand in mourning the passing of Her Royal Highness Princess Bajrakitiyabha.

In its tribute, UNODC praised Her Royal Highness’s lifelong commitment to justice reform, human dignity and the welfare of vulnerable people.

Her work on the Bangkok Rules was described as a lasting legacy for women across the world.



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Theerapat Kachamat, director-general of the Department of Disaster Prevention and Mitigation (DDPM), said at 10.30am on ...
12/06/2026

Theerapat Kachamat, director-general of the Department of Disaster Prevention and Mitigation (DDPM), said at 10.30am on Friday (June 12, 2026) that the Hydrographic Department of the Royal Thai Navy had announced water levels in the Chao Phraya River around Royal Thai Navy Headquarters, Phra Chulachomklao Fort and nearby areas from June 14 to 20.

The announcement, dated June 10, said that from June 14 to 20, between 6pm and 12am, high sea tides were expected and could result in water spilling over riverbanks and rising water levels in rivers and canals.

Water could flow into and flood low-lying areas along rivers and canals, communities outside flood embankments, and areas without permanent flood defences.



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