Economy and commerce

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 ...

The Commerce Ministry said on Monday it would speed up four policies to revive the economy over the next three months. The policies cover the income guarantee for farmers, export stimulus, cost-of-living supervision, and talks on trade accords such as the Regional Comprehensive Economic Partnership ...

In the face of the world’s volatile economic situation, Finance Minister Uttama Savanayana has ordered agencies in the care of his ministry to set out economic plans in line with national strategic plans and focus on the upgrading of the country’s competitiveness and reduction in ...