Report unveils prospects for digital economy
A focus on high-value users, the environmental, social and governance (ESG) theme, digital inclusion and data infrastructure regulations will bring a sustainable digital economy to Thailand, according to Google.The fields of digital financial services (DFS), health, education, food and generative artificial intelligence (Al) are among ...
Bangkok Post Reporter
Private sector and Commerce Ministry to expedite exports
The government has developed urgent policies to cope with the volatility of the global economy especially the impact of the trade war between China and the United States. The Thai Chamber of Commerce (TCC) is ready to work closely with the Ministry of Commerce to ...
Supawadee Wangsri
Interview: How will plans to protect 30% of Earth work for Southeast Asia?
In May, Campaign for Nature announced that Southeast Asian nations were showing growing support for the goal of protecting 30% of the planet’s land and oceans by 2030. Dr Zakri Abdul Hamid is ambassador for the campaign, which is a partnership between the Wyss Campaign for ...
Tyler Roney
Adding value is key to moving Thailand to next
Adding value to Thai products by increasing the connectivity between the agriculture, manufacturing and tourism industries is key to achieving economic growth in 2019 and beyond, said deputy prime minister Somkid Jatusripitak during a meeting yesterday with the National Economic and Social Development Council (NESDC).Keep ...
Phuwit Limviphuwat
New Thai government must show more responsibility with the Mekong
Around this time of year when the rainy season begins, people living on the banks of the Mekong River along the Thai-Lao border always feel a little less stressed because rising water levels mean more fish and food to support their survival. Until the mid-1990s, these ...
Titipol Phakdeewanich
Thailand Post keen to cross borders
Thailand Post is launching a major expansion of its cross-border trading and e-commerce services for Indochina to become a leading regional player by year-end. The state postal enterprise hopes parcel delivery service crossing the Cambodian and Laotian borders to reach Chinese consumers has a bright future, ...
World News Day: All hands on deck to preserve ecosystems in Vietnam's Mekong Delta
The local authorities and environmental organisations in the Mekong Delta region are stepping up efforts to preserve and develop ecosystems vulnerable to the impacts of climate change. Located in southern Vietnam, the Mekong Delta has a diverse and unique ecosystem that includes marine life, islands, estuaries, ...
Blockchain VAT refunds this month
The Finance Ministry plans to adopt blockchain-based value-added tax (VAT) refund service for foreign tourists, starting from the end of this month.The blockchain technology for VAT refunds should speed up the process for tourists as details of their purchases will be immediately shared with the ...
Wichit Chantanusornsiri
BOT urges banks to boost digital services
The Bank of Thailand (BOT) wants to see commercial banks boost their digital services in order to match the increasing demand for online transactions, said Siritida Panomwon Na Ayudhya, the central bank’s assistant governor, Payment Systems Policy and Financial Technology Group.She added that the central ...
The Nation Reporter
Zoo agency sets up board to investigate illegal trade
The Zoological Park Organisation of Thailand (ZPO) board on Tuesday set up a panel to investigate the illegal wildlife trade across zoos nationwide in the wake of the disappearance of rare albino barking deer at Songkhla Zoo. Chavalit Chookajorn, the former permanent secretary of the Ministry ...
APINYA WIPATAYOTIN
Southeast Asia faces more currency risk than rest of region, World Bank says
Malaysia, and to a lesser degree Indonesia, Thailand and the Philippines, remain more exposed to exchange rate risk than other developing economies in East Asia and the Pacific as global financial conditions tighten, the World Bank said. Keep reading ...
Karl Lester M Yap
Bank of Thailand lifts growth forecast for 2015, but trims 2016 estimate
The Bank of Thailand trimmed its 2016 economic growth forecast on Friday, reflecting expectations of zero export growth and suggesting the military government will continue to struggle with a sluggish economy. At the same time, the central bank nudged its growth estimate for this year up ...
Krungthai Bank nears B100bn deal
The Finance Ministry plans to acquire the entire 55% stake in Krungthai Bank held by the Financial Institutions Development Fund (FIDF) in a deal worth 100 billion baht. The acquisition would pave the way for transferring the 12 corporatised state enterprises as planned to a holding company ...
Thai banks inefficient, says S&P
Academics have slammed the military’s iron grip on cyberspace following the 2014 coup. Surveillance and crackdown measures are creating a climate of fear and self-censorship, they argued. Since last year’s coup, the army has taken many steps to tackle content deemed sensitive or critical of the ...
GH Bank's cheap loans a success
Potential mortgage borrowers lined up for the government’s 10 billion baht in cheap loans at all branches of state-owned GH Bank on 19 October, the first day of the scheme. Keep reading ...
Thai banks face biggest default since 1997 crisis
Sahaviriya Steel’s UK steel business has failed with defaults on 50 billion baht of loans from Thai banks, biggest default for Thai banks since 1997 Asian crisis. Keep reading ...
Seminar talks marine planning, coastal ecosystems in Mekong Delta
A seminar was held in Hanoi on November 22 to look into marine spatial planning and a project on improving the human habitat and coastal ecosystems in the Mekong Delta. Keep reading ...
Digital hub in private sector call
The Digital Economy and Society minister has called on the private sector to work more closely with the ministry to help Thailand become a digital infrastructure gateway in ASEAN by 2020. The evolution of the country’s digital ecosystem, especially in many crucial development areas, needs ...
Thailand’s rich freshwater biodiversity under threat
The Thai government has taken efforts to tackle climate change by building a large number of water retention projects. But they could threaten the country’s freshwater biodiversity unless new sustainable solutions are taken into consideration. In a remote forest in Thailand’s western Ratchaburi province, a team ...
Pratch Rujivanarom
New law for foreign firms in the works
The Revenue Department plans to propose a law stipulating that foreign entities with no physical presence which earn income in Thailand must report their transactions here to be inspected for value-added tax (VAT) payment.Keep reading ...
Wichit Chantanusornsiri