Bangkok Local News

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The US-based World Bank recently announced that it had raised its full-year economic growth forecast for Thailand to 3.1 percent on the back of what has been a promising first half of this year.

Sukhumvit area businesses are starting to see more of an influx of visitors now as the high season officially starts up. That’s good news for everyone who suffered through an epic downturn over the last several months.

Last issue we took a short look at a number of BTS stations between Bearing and Bang Chak. As mentioned in that issue, some of the newer stations don’t really have a lot to encourage a traveller from making a special effort to disembark and go exploring.

Imagine you are sitting in your favourite bar, restaurant or coffee shop and you pick up a copy of the Bangkok Business Supplement. As you’re reading your eyes are drawn to an advertisement.

The never-ending construction project known as the Sukhumvit area is seeing some strange developments lately as the Soi 12 lot that has been empty of most businesses for about a year now – except Insanity and the V8 Diner – is undergoing some changes.

The Pattaya Business Supplement has been covering the various BTS stations each month for some time now, taking most stations individually and attempting to show what attractions there are nearby for the day tripper to the capital.

The central government has announced plans to significantly grow shipments of innovative and high-tech products as well as engage in stimulating a greater number of strategic partnerships during the next 12 months with the aim of boosting exports by three percent by the end of 2017.

The Transport Ministry recently announced an ambitious aim to open a new mass transit line every year between now and the end of 2020, with 10 more routes planned in Greater Bangkok.

First off, this month has had good news for area businesses. It looks like things are slowly getting better business-wise as more people are being seen on the streets now, certainly more than May and June and an informal survey of some local bar and restaurant owners has confirmed that they are indeed seeing more customers these days.