The government has approved a mid-term financial plan for fiscal 2024-2029 with estimated average gross domestic product (GDP) growth at 5.3% annually, said a news source familiar with the matter on Thursday.The plan was approved at a meeting on Thursday at the Ministry of Finance ...

Increasing government spending, higher public consumption as well as private investment could boost Thailand’s gross domestic product (GDP) growth in 2024 to 2.7 to 3.7 per cent, the National Economic and Social Development Council (NESDC) said on Friday.NESDC secretary-general Danucha Pichayanan said the council expected ...

Thai household debt rose to 15.09 trillion baht at the end of last year, after a 180-billion baht increase in the fourth quarter of 2022.However, the debt-to-gross domestic product (GDP) ratio saw a marginal quarter-on-quarter decline from 87% to 86.9% in the fourth quarter of ...

The cabinet yesterday approved an 11.3-billion-baht budget to deal with the re-emerging of Covid-19.The amount will be spent on 10 projects, grouped into preventive measures (4.3 billion baht), treatment (7 billion) and support (27 million), according to deputy government spokeswoman Rachada Dhnadirek.Keep reading ...

Experts have warned that despite the junta using special powers to unlock issues related to patent applications, Thailand still faces the risk of transnational pharmaceutical giants monopolising the cannabis medical market. However, Sontirat Sontijirawong, who stepped down as commerce minister yesterday, has been insisting that he ...

As one of the last refuges of Indochinese tigers, Thailand is working to protect the endangered big cats from poachers. A tiger conservation centre was launched last Friday in Huai Kha Khaeng Wildlife Sanctuary, where forest rangers will be trained to track the endangered big cats, ...

The Board of Investment (BoI) looks set to propose to the economic cabinet at its meeting on Friday a relocation package for foreign investors wishing to shift from China to Thailand.The package will focus largely on headquarters, research centres, talent and high technology industry, said ...

A group of Chinese investors has poured in close to 10 billion baht to develop a new city in Thmada, a border village in Veal Veng district in Cambodia’s Pursat province — a project which, upon completion, is expected to change the dynamics of trade ...

Though it’s been three years since the passing of the country’s revered monarch, Pid Thong Lang Phra Foundation, a royally sponsored initiative applying the sufficiency economy philosophy, is still keen to uphold King Rama IX’s legacy of caring for rural communities.Its chairman MR Disnadda Diskul ...

The Asia Pacific Leaders Malaria Alliance (APLMA) and DT Families Foundation have signed an agreement that will make a tangible difference to permanently eliminating malaria in Thailand.Malaria was once the biggest killer of mankind and remains an entrenched global health challenge. The threat from the ...

The year 2019 will be a challenging year for over 300 Thai universities as they struggle with two major challenges. The first comes from changes to the demographic structure of the country itself. Thailand is facing an unprecedented demographic challenge. Its population is ageing quickly, ...

Thailand’s cannabis industry is projected to grow to US$661 million (21 billion baht) by 2024, according to a report by Prohibition Partners, a cannabis research firm. This includes projected growth of the medical cannabis market of $237 million, for a combined recreational and medical cannabis ...

The United Nations Development Programme (UNDP) has reported that almost 50% of LGBT people in Thailand still face discrimination at home and school in the form of being expected to conform to heteronormative values.Speaking at the launch of the Tolerance but not Inclusion report at ...

The world has been witnessing increases in the price of rice following drought concerns and India’s export ban, but it is Thailand’s rice that has seen the sharpest rise, according to the Food and Agriculture Organisation (FAO) of the United Nations.In its monthly rice update ...

Thailand’s Administrative Court on 25 December dismissed complaints over the Xayaburi Dam against five state agencies. However, the 37 plaintiffs, from eight Mekong provinces, say they will appeal further. The judge, who read the verdict, said the defendants had fully complied with their obligation according to the law, ...

“Dams, disaster and ecological justice: Hydropower legacies in the Mekong” panel discussion and forum will be held in Bangkok, Thailand, on 18 October 2018.  The event aims to explore the roles of regional decision-makers, alongside development partners, financiers and investors, in relation to current policies as ...

Despite its best efforts, the Bangkok Metropolitan Administration (BMA) has run into controversy as it sizes up the landmark Victory Monument for renovations.  Responding to a request from the War Veterans Organisation of Thailand to establish a museum and pedestrian tunnels beneath the monument, the ...

The National Economic and Social Development Council (NESDC) will ask the cabinet to adopt its guidelines on infrastructure development on Tuesday, as the government seeks to start working on the long-awaited link that will connect the Dawei Special Economic Zone in Myanmar with Eastern Economic ...

Economic growth is expected to take a heavy hit due to the rising number of the elderly and the country urgently needs to tackle it by cutting in half the number of military personnel, increasing the number of foreign labourers and employing increased automation in ...

has arrived at the Phuket Deep Sea Port, where she will remain until Tuesday, with free tours on board the ship and a series of fun events and serious talks about critical issues affecting the environment in Thailand.Keep reading ...