The Bank of Thailand (BOT) is reducing its estimation of GDP growth to 3.5% from 3.6% due to the country’s stagnant export sector and global economic slowdown.BOT governor Sethaput Suthiwartnarueput was speaking about Thailand’s economic trends on Monday at the bank’s annual seminar titled “Next ...

The second Thai-Myanmar Friendship Bridge across the Moei river in Tak’s Mae Sot district will be officially opened on Oct 30, according to a press release from the Highway Department.The opening ceremony will be co-chaired by Transport Minister Saksayam Chidchob and Myanmar’s Minister of Construction ...

The Asean region is set to experience a skilled labour shortage in the future, due to the mismatch between the qualifications held by existing workers and the skill sets needed to achieve and succeed in the fourth industrial revolution (4IR), a seminar was told.Keep reading ...

Thailand’s new traffic laws will be based on the more stringent Japanese model, according to the Ministry of Transport. The ministry has been working with Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT), according to Chirute Visalachitra, the ministry’s deputy permanent secretary. Keep reading ...

The tripartite committee studying the minimum wage has adhered to its previous resolution to increase the minimum wage by province within the range of 330 to 370 baht, a hike of 2-16 baht per day or an average of 2.37%, from January 1 onwards.The committee, ...

Thailand based Mekong Institute (MI) has taken on a mission to improve the lives of coffee growers in Vietnam and the outcome so far is encouraging.[] The project was part of the Regional and Local Economic Development – East-West Economic Corridor (RLED-EWEC) being implemented since ...

Thailand’s internet economy ranked No.2 in Southeast Asia, worth US$ 12 billion (394 billion baht) in 2018 out of $72 billion in the region, thanks to growth of the e-commerce and online media sectors, according to the latest Google-Temasek report.Keep reading ...

The 11th Lower Mekong Initiative and Friends of Lower Mekong Region Working Group Meeting, jointly organised by Myanmar and the United States, commenced at M Gallery Hotel in Nay Pyi Taw on May 3. The two-day meeting is being attended by delegates from Myanmar, the US, ...

Some timid but long overdue steps are now being taken towards reducing Thailand’s plastic waste. Baby steps to start with but there is no doubt that the issue has now entered the Thai national psyche. In reaction, so far, Thai businesses have, for the most ...

Global tourism revenues are expected to fall by up to US$3.3 trillion due to Covid-19 restrictions, with Thailand standing to lose $47 billion, according to a UN study published on Wednesday.The ‘Covid-19 and Tourism’ report released by the United Nations Conference on Trade and Development ...

While “returning the happiness” has been the government’s motto for five years, the UN’s latest assessment found The Land of Smile pouting more than ever before.Thailand dropped six spots to rank No. 52 of the 156 countries studied in the new World Happiness Report released ...

The Bangkok Metropolitan Administration (BMA) is likely to postpone the new garbage collection fee for another year, in a bid perceived as populist appeasement.The Bangkok Council on Wednesday gave initial approval to a proposal tabled by Bangkok governor Aswin Kwanmuang asking that the new fee ...

Laos exported as many as 50,712 workers in the fiscal year that ended in September, including 27,176 females, official statistics show. Most of the workers obtained jobs in Thailand, while just over 50 people found employment in Japan, according to statistics from the Ministry of Labour ...

E-commerce exporters in China and Australia, consumers in Malaysia, Thailand and Vietnam, and DHL eCommerce are all expecting benefits from the introduction of a Cross Border Cash-on-Delivery (COD) system by Deutsche Post DHL Group.Announced Monday September 17, the DHL e-Commerce Cash on Delivery (COD) service ...

Asean defence ministers have agreed with Thailand’s proposal for the community to boost regional cooperation in fighting illegal, unreported and unregulated fishing practices (IUU), according to defence spokesman Kongcheep Tantravanich. Keep reading ...

Knocking on the door is a life-and-death mission for now. While medical staff are combating the coronavirus outbreak on the frontline, under-resourced village health volunteers are conducting house-to-house visits to monitor the health of community residents at their own risk.Keep reading ...

How are Southeast Asian countries responding to growing tensions between the two powers? []Other Southeast Asian state — like Cambodia, Laos, Myanmar and perhaps nominal U.S. ally Thailand — appear to be moving toward China, preferring China’s economic incentives over the benefits of U.S. military “protection.” Keep reading ...

Prime Minister Srettha Thavisin outlined Thailand’s commitment to green energy in 2024, emphasising that sustainability was a top priority for the country.The premier said that Thailand ranks 43rd globally in the UN Sustainability Development Goals (SDG) Index, making the country No. 1 in ASEAN in ...

The Stock Exchange of Thailand is conducting tours of the EEC for the media to showcase the progress of its large investment projects.Keep watching ...

A consortium led by Charoen Pokphand Group (CP Group) has asked to put off Thursday’s talks with the State Railway of Thailand (SRT) over a high-speed rail project linking three major airports. The talks are likely to begin next Thursday. Keep reading ...