Government Aims for 3.5% GDP Growth Alongside New Social Laws
The Thai government has established an ambitious goal for economic growth in 2025, targeting a 3.5% increase in Gross Domestic Product (GDP), up from an estimated 2.7% for 2024. This forecast is bolstered by expected gains in tourism, foreign investment, and government stimulus initiatives.
Deputy Finance Minister Julapun Amornvivat emphasized plans to inject 150 billion baht (around $4.5 billion) into the economy via a cash handout program in the upcoming quarter, distributing 10,000 baht (approximately $300) to an estimated 45 million citizens.
Further initiatives include public housing projects aimed at low-income earners and the enhancement of universal healthcare services.
The government is also actively pursuing foreign investments in emerging sectors, particularly in semiconductors and printed circuit boards, in light of ongoing global trade conflicts.
On the social front, Thailand has implemented the Marriage Equality Act, which became effective on January 23, 2025. This law legalizes same-sex marriage, providing LGBTQ+ couples with the same legal rights and protections as heterosexual couples, including rights related to adoption and inheritance.
Thailand is the pioneering nation in Southeast Asia to legalize same-sex marriage, marking a significant achievement in the region.
Culturally, the 'Pattaya International Kite on the Beach 2025' festival is slated for February 26 to March 2, showcasing 150 vibrant kites, including large cartoon designs and sporting kite displays.
Moreover, the 'Starlit Suphan Buri Experience Nights' are scheduled for February 15 and 22, featuring opportunities for camping, expert-led astronomy sessions, and local music near Lam Ta Phern Reservoir.
These events aim to enhance tourism and showcase the cultural vibrancy of Thailand.
Collectively, these developments illustrate Thailand's commitment to fostering economic growth, social equity, and cultural enrichment as the country advances through 2025.
Deputy Finance Minister Julapun Amornvivat emphasized plans to inject 150 billion baht (around $4.5 billion) into the economy via a cash handout program in the upcoming quarter, distributing 10,000 baht (approximately $300) to an estimated 45 million citizens.
Further initiatives include public housing projects aimed at low-income earners and the enhancement of universal healthcare services.
The government is also actively pursuing foreign investments in emerging sectors, particularly in semiconductors and printed circuit boards, in light of ongoing global trade conflicts.
On the social front, Thailand has implemented the Marriage Equality Act, which became effective on January 23, 2025. This law legalizes same-sex marriage, providing LGBTQ+ couples with the same legal rights and protections as heterosexual couples, including rights related to adoption and inheritance.
Thailand is the pioneering nation in Southeast Asia to legalize same-sex marriage, marking a significant achievement in the region.
Culturally, the 'Pattaya International Kite on the Beach 2025' festival is slated for February 26 to March 2, showcasing 150 vibrant kites, including large cartoon designs and sporting kite displays.
Moreover, the 'Starlit Suphan Buri Experience Nights' are scheduled for February 15 and 22, featuring opportunities for camping, expert-led astronomy sessions, and local music near Lam Ta Phern Reservoir.
These events aim to enhance tourism and showcase the cultural vibrancy of Thailand.
Collectively, these developments illustrate Thailand's commitment to fostering economic growth, social equity, and cultural enrichment as the country advances through 2025.
