Thailand Re-Criminalizes Cannabis, Industry in Disarray

Thailand is moving to re-criminalize cannabis, a significant U-turn from its previous liberalized policy. This decision has sent the nation's multi-billion dollar cannabis industry into disarray, with businesses that flourished now facing uncertainty. New regulations are expected to ban recreational sales, allowing only medicinal use with a doctor'

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Malaysia Overtakes China as Top Tourist Source for Thailand

  For the first time in recent years, Malaysia has surpassed China to become Thailand's top source market for tourists, with 2.36 million visitors compared to China's 2.32 million. While this diversification is positive, Malaysian tourists typically have lower per-capita spending, posing a challenge to Thailand's overall tourism revenue ta

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Thai Baht's Recent Surge at Risk from Political Turmoil

A prominent financial forecaster has warned that the recent strengthening of the Thai Baht is precarious due to the country's ongoing political turmoil. Political instability often deters foreign direct investment and can lead to capital flight, potentially weakening the national currency. The stability of the Baht will largely depend on how quickl

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