Once a symbol of unrivaled dominance in Thailand’s duty-free sector, King Power has unraveled in just five years, falling from political favorite to financial pariah.

The Thailand Board of Investment (BOI) announced today the approval of investment applications totaling 28.6 billion baht (approximately US$870 million).

As of June 23, 2025, cannabis flower is a controlled substance in Thailand. Recreational use remains illegal. Tourists need valid prescriptions for medical purposes only.

Thai merchandise exports hit a record USD 31 billion in May 2025, driven by electronics and gold. Imports also rose strongly, but export growth may slow due to tariff risks and geopolitical tensions.