Thai April factory output drops 17.2%, smaller than forecast
Thailand’s manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday.That compares with a forecast for a drop ...
August factory output falls 4.4% y-o-y, worse than forecast
Thailand’s manufacturing production index (MPI) in August dropped 4.4% from a year earlier, dragged down by lower production of cars, electronics and rubber products, the industry ministry said on Tuesday. That compares with a forecast of a 3.6% decline in a Reuters poll, and July’s ...
Bad air worsens plight
The bushfires that have been raging near the tourist city of Chiang Mai over the past few days are heightening concerns for both residents and the authorities with the risk they pose of extreme air pollution, coming on top of worries about the coronavirus.Keep reading ...
Panumate Tanraksa
Deputy PM urges global action, seeks $100-bn annual climate fund commitment
Deputy Prime Minister Patcharawat Wongsuwan called on all developed nations to contribute to the yearly US$100-billion fund to combat climate change.Patcharawat made the call in his speech delivered to the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), ...
The Nation Reporter
Hitachi opens IoT centre in EEC estate
Hitachi Ltd, the Japan-based technology solutions provider, has opened its Lumada Center Southeast Asia in Thailand to become a test bed for Internet of Things (IoT) technology and capitalise on the country’s planned digital transformation and the upcoming Eastern Economic Corridor (EEC). Keep reading ...
Suchit Leesa-Nguansuk
3-airport rail link deal likely to be signed in mid-May
The State Railway of Thailand (SRT) and a consortium led by the Charoen Pokphand Group are likely to sign an agreement on the three-airport rail development in mid-May, Deputy Prime Minister Somkid Jatusripitak said.Keep reading ...
Chatrudee Theparat
Thai-China trade pact signed
Thailand is moving ahead with plans to upgrade economic cooperation with China, agreeing Wednesday (Nov, 7) to the comprehensive framework on enhancing trade and economic partnership between the two nations and aiming to double bilateral trade to UScopy40 billion (4.59 trillion baht) by 2021.Keep reading ...
Phusadee Arunmas
#SEAYOUTOMORROW : the future of the ocean
Vowing to achieve its goal of eliminating at least 50% of marine debris by 2027 through the principle of the circular economy at the recent 2019 Asean Summit, Thailand was ranked as the world’s sixth largest contributor to marine debris, and fourth in Asean.Keep reading ...
Lancang-Mekong tourist cities forum to be held in Sanya
A tourism cooperation forum featuring tourist cities in countries along the Lancang-Mekong River will be held in Sanya, south China’s Hainan Province, local authorities announced on Saturday. Delegations from 26 tourist cities in China, Cambodia, Laos, Myanmar, Thailand and Vietnam will participate in the forum, ...
Thai central bank seen cutting key rate to help economy in recession
Thailand’s central bank is widely expected to cut its benchmark interest rate to a new low at its policy review on Wednesday to cushion the economy from the impact of the coronavirus outbreak.Sixteen of 18 economists in the poll predicted the Bank of Thailand’s (BOT) ...
Thailand Targets $57 Billion Investment in Green, Tech Sectors
Thailand expects foreign and local companies to pump in about 2 trillion baht ($57 billion) into sectors such as electric vehicles, smart electronics and technologies to build a green and sustainable economy by 2030.The fresh investments may generate 625,000 new jobs and add 1.7 trillion ...
BOT reduces GDP growth estimate slightly in view of export slump
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 Nation Reporter
New joint bid to end wildlife trafficking
The Department of National Parks, Wildlife and Plant Conservation (DNP) is joining hands with several international organisations to launch a campaign to end wildlife trafficking.The campaign, called “A Good Life is Free of Killing”, is a collaboration between the Thai government, WildAid, and the United ...
Thana Boonlert
Second Thai-Myanmar Friendship Bridge to open Oct 30
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 ...
Assawin Pinitwong
Govts urged to 're-skill' workers
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 ...
Lamonphet Apisitniran
Govt to adopt 'tough' points-based driving penalties
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 ...
Thodsapol Hongtong
Committee retains wage adjustment of 2.37%
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, ...
The Nation Reporter
Mekong Institute transforms the lives of coffee growers
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 ...
Sumalee Suwannakorn
Deep dive into Thailand's EV perks package
The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...
Bangkok Post Reporter
Internet economy continues strong gains
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 ...
Suchit Leesa-Nguansuk