Economy and commerce

Competition is ramping up in Thailand’s nascent e-commerce industry, with larger players fighting to attract lucrative brand deals and local partnerships. “Thailand’s e-commerce segment will continue to have intense competition for at least another five years, reducing the number of major players from 3-4 to ...

Thai border trade grew 0.92 percent to 219 billion baht in the first two months of 2019, according to the Ministry of Commerce.Keep watching  ...

Foreign funds are projected to return to Thailand’s stock market after the election brings more clarity to domestic politics, says Asia Plus Securities (ASP). Keep reading ...

Thailand’s Eastern Economic Corridor (EEC) is slated to become an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region. Stretching a total area of 13,000 square kilometres – encompassing the eastern provinces of Rayong, ...

Digital transactions in Thailand are rising significantly, data from the Bank of Thailand shows. Mobile and internet payments were up 83 percent in 2018 from 2016, while fund transfers through traditional channels – branches and ATMs – sank.Keep reading ...

The economic growth forecast for this year could be revised down to 3.7-4.2 per cent from the earlier estimate of 4-4.5 per cent, the Centre for Economic and Business Forecasting under the University of Thai Chamber of Commerce said.The downward revision follows the expected power ...

Concluding the Regional Comprehensive Economic Partnership (RCEP) negotiations and fully implementing the Asean Single Window (ASW) for all 10 Asean members by the end of this year are Thailand’s two top economic priorities as Asean chair, according to a senior official from the Commerce Ministry’s ...

Thailand’s Ministry of Natural Resources and Environment will propose to the cabinet a total ban on the import of plastic waste into Thailand beginning next year.Natural Resources and Environment Minister Gen Surasak Karnjanarat said today that, as imports of plastic waste are to end next ...

The Thai Department of Foreign Trade (DFT) will host a Thai-Cambodia economic partnership event in which the governments of both countries and the private sector have been invited to trade and offer investment promotion and solutions.The event will also feature a business matching activity for ...

Both Thailand’s trade with neighboring countries and its transit trade increased slightly in January, the Foreign Trade Department said on Monday. The department said combined border and transit trade accounted for 119 billion baht, up 1.84% from the same period of last year. Keep reading ...