Economy and commerce

With more public holidays coming up in November and December, the government is encouraging people to travel to different parts of the country and use the government’s spending stimulus measures.Keep watching ...

A seminar in Bangkok highlighted four key measures to promote a circular economy for sustainability by creating a water system to deal with drought, support agriculture to add Bt25 billion value per year, raising waste management to the national agenda and make changes in the ...

The Government Spokesperson has given assurance that cuts to the GSP (Generalized System of Preferences) privileges by the United States on certain Thai products will not have a significant impact on exports to the country, with response measures already in place.Keep watching ...

Thailand will attend the signing of the long-awaited Regional Comprehensive Economic Partnership (RCEP) at the 37th Asean Summit under the chairmanship of Vietnam next week.It will be the first-ever virtual signing of an agreement Asean has undertaken, a Foreign Ministry official said on Thursday.Keep reading ...

The total value of business investment applications fell 15 per cent in the first three quarters of 2020 despite a slight rise in the number of firms applying, the Board of Investment (BOI) said on Wednesday.Foreign and local applications from January-September rose to 1,098, as ...

Foreign investment applications in Thailand amounted to 118.5 billion baht in January-September, down 29% from a year earlier, as investors were deterred by the coronavirus pandemic, an investment agency said on Wednesday.Foreign investors remain interested in the country, despite months of political protests.Keep reading ...

Thailand’s economy will shrink this year by less than previously estimated as government support measures alleviate the impact of the coronavirus pandemic, according to the finance ministry.The Southeast Asian nation, which has seen trade and tourism battered by the pandemic, will contract 7.7% in 2020, ...

The Bank of Thailand has extended its debt repayment and interest reduction measures until June next year, to help debtors and alleviate their financial burden.Keep watching ...

The Bank of Thailand approved the extension of its 500-billion-baht soft loan scheme by six months, and allowed companies listed on the Market for Alternative Investment to apply for the loans, a previous obstacle to participation.The central bank announced the relaxation of the parameters on ...

The Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy.One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private ...