Economy and commerce

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday submitted a white paper proposing the government tackle six issues, including the revival of the Joint Public-Private Consultative Committee (JPPCC) and the acceleration of the flagship Eastern Economic Corridor (EEC).Keep reading ...

The Industry Ministry is being urged to speed up invitations to US companies for future investment in Thailand to benefit from rising trade between Southeast Asia and the US under the Free and Open Indo-Pacific Strategy, says Deputy Prime Minister Somkid Jatusripitak.Keep reading ...

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 ...

The Digital Economy Promotion Agency (Depa) plans to offer a 200% tax deduction for the purchase of smart devices, digital services, robotics and Internet of Things (IoT) devices by small and medium-sized enterprises (SMEs), in addition to software, starting next year.Keep reading ...

The Industry Ministry said that it will work with the Federation of Thai Industries (FTI) to boost the economy in the industrial sector.Keep watching ...

The Bank of Thailand has reported that data from commercial banks in the second quarter has revealed a spike in overdue debts, and that SME loans are on the rise and have the potential of becoming non-performing loans (NPLs).Tharit Panpiamrat, senior vice president of the ...

Two key economy-related state agencies have taken drastic measures to curb the impacts from the US-China trade war as the Thai economy slows.The Finance Ministry is pressing state enterprises to inject 130 billion baht into their investment projects by the end of this year, while ...

Japanese investors are calling on the government to carry out the Eastern Economic Corridor (EEC) scheme as they plan to invest and expand their operations further, says the Japanese Chamber of Commerce (JCC).Atsushi Taketani, chairman of the JCC’s economic research group, said the EEC is ...

Jurin Laksanawisit, the Deputy Prime Minister and Commerce Minister, has announced 10 measures to drive the country’s economic growth.The measures include an agricultural products price guarantee programme, investigations to ensure that prices of products and service price are fair, a boost in the country’s exports, ...

The Bank of Thailand (BoT) has revealed its new policy for loaning in order to control household over-indebtedness, which has been rapidly increasing.The BoT has set out five guidelines for banks to consider as the national overseer aims to ensure banks remain sustainable. Keep reading ...