Following Thailand’s economic challenges, the Thai government through the Ministry of Finance has launched the Quick Big Win policy within a 4-month period. On October 21, 2025, the Cabinet approved a major set of measures to boost domestic tourism as follows:

On 24 June 2025, the Thai Cabinet approved in principle a comprehensive tax incentive framework to promote energy conservation and the adoption of renewable energy technologies. This framework consists of two key measures:

Thailand is positioning itself as a notable player in Southeast Asia’s electric vehicle (EV) market, offering both opportunities and challenges for businesses evaluating expansion. With supportive government policies, strategic regional advantages, and a commitment to EV development, Thailand is shaping its role in the evolving landscape. However, understanding the country’s current economic conditions and market dynamics is essential to assessing its potential for long-term success.

The Energy Regulatory Commission (ERC) announced a new regulation on September 20, 2024, titled "Regulation of the Energy Regulatory Commission on Procuring Electricity from Renewable Energy in the form of Feed-in Tariff (FiT) for the years 2022-2030 for groups without fuel costs, 2022 (additional)”.

Thailand's efforts to become a global leader in electric vehicle (EV) production have undoubtedly successful, but also have had some negative consequences. The government’s incentives to EV makers have led to an oversupply of EVs, sparking a price war in the conventional internal combustion engine (ICE) vehicle market, and threatening the survival of local auto parts suppliers.