Economy and commerce

Economic policy and administration

Thailand again delays launch of infrastructure fund, until October

A multi-billion dollar infrastructure fund planned by the Thai government, first announced in 2015, will be launched in October, delayed again from September, a senior finance ministry official said on Wednesday. (August 29)The government aims to use the “Thailand Future Fund”, intended to eventually reach ...

Thailand targets to connect Belt and Road Initiative and EEC to boost investment opportunities in ASEAN

Thailand aims to connect China’s Belt and Road Initiative (BRI) to accelerate more investment and trade opportunities in Asia, especially ASEAN and ACMECS, Thailand’s Deputy Prime Minister Somkid Jatusripitak told almost 1,000 participants from both China and Thailand at the “Thailand-China Business Forum 2018: Comprehensive ...

Minister Kobsak: Social Enterprise Promotion Bill will build sustainability

The government is confident that the draft act on the promotion of social enterprise will build sustainability in Thai communities. Minister Attached to the Prime Minister’s Office Kobsak Pootrakool made the comment during discussions held as part of the Thailand Social Expo 2018 in Nonthaburi province. ...

Nuppol Suvansombut

SBPAC discusses southern border trade, tourism promotion with Malaysia's Kelantan

The Southern Border Provinces Administrative Center (SBPAC) discussed trade and tourism promotion along the border areas with a high-ranking official from the Malaysian state of Kelantan. The meeting took place at CS Hotel in Pattani province on Monday (July 30th). Keep reading ...

Supawadee Wangsri

Japan confirms cooperation towards Thailand's entry into CPTPP

Japan and Thailand agreed on Wednesday (July 18) to work together towards the Southeast Asian country’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as the two nations boost economic cooperation aimed at promoting free trade.Keep reading ...

'Thailand 4.0': No Security in the Growing Thai Gig Economy

Thailand’s junta has expressed interest in promoting platform economies—such as Uber and Airbnb—as part of its “Thailand 4.0” digital economy strategy. Yet the government lacks fundamental understanding of how these economies operate, not to mention to the potential effects of nurturing them.Keep reading ...

Thai junta pushes for faster public investment as growth seen slowing

Thailand’s military-led government is pushing for faster public investment spending, which has missed expectations following the adoption of tougher rules on procurement, Deputy Prime Minister Somkid Jatusripitak said on Wednesday.Keep reading ...

What Is Needed For Thailand 4.0 To Really Take Off?

Thailand 4.0 is a new model being proposed by the Thai government as they look towards having a value-based economy. Thailand 1.0 saw emphasis on agriculture, 2.0 saw the focus switch to light industries and 3.0 was all about heavy industries. Thailand became stuck in ...

Min of Commerce discusses key policies of the past six months

The Ministry of Commerce has reported on the results of its policies in the first half of the year, which focused on improving local livelihoods, stimulating the grassroots economy, and supporting investment. Commerce Minister Sonthirat Sonthijirawong said that the aim of his ministry is to ...

Benjamin Rujopakarn

Marketing begins for junta’s 20-year national strategy

The junta’s controversial 20-year national strategy is all but ready for the National Legislative Assembly (NLA) to debate and the government will give priority to implementing projects that raise people’s incomes, Kobsak Pootrakool, the Minister of the Prime Minister’s Office, said yesterday (June 6).Keep reading ...

Wichit Chaitrong

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