Economy and commerce
How Thailand is affected by US-China trade conflict
Amid an escalating trade war marked by tariffs and counter-tariffs on exports, the United States and China are in the midst of a 90-day ceasefire to allow both sides to negotiate. As a leading Asean economy, Thailand faces both challenges and opportunities from the trade ...
BoI gears up to snare aerospace investors for U-tapao
The Board of Investment (BoI) has laid out a plan to attract aerospace investment at U-tapao airport in 2019 as part of the government’s Eastern Economic Corridor (EEC) development. The first phase develops 6,500 rai for the airport and an aviation hub, which includes a ...
Chatrudee Theparat
Survey finds low income earners more frugal than last year
Thailand’s Economic Research Center at the Government Savings Bank has revealed that low-income earners are tending towards frugal behavior, as overall spending dropped compared to last year.The survey sampled 2,150 people nationwide with incomes under 15,000 baht per month. Overall, spending among this demographic during ...
Draft air navigation bill progresses
The cabinet on Tuesday (Dec, 25) approved a draft bill for the air navigation law, allowing foreign investors who win Board of Investment (BoI) promotional privileges to own up to 100% of shares. Three categories — aircraft manufacturing, aircraft parts manufacturing, and maintenance, repair and ...
Chatrudee Theparat
Broken economy on most people’s minds in NIDA poll
More than anything else in 2019, citizens want the government to improve the economy, according to a recent survey by the National Institute of Development Administration (NIDA) released on Friday (Dec, 28).Keep reading ...
The Nation Reporter
Thailand's economic goals as Asean chair
After nearly five years of painstakingly building up diplomatic and economic resilience under military rule, Thailand is embarking on an important mission as the chair of Asean throughout 2019. The stakes are extremely high, judging from the economic agenda set forth by the government. Keep ...
Kavi Chongkittavorn
Thai border and cross border trade rises in value
The Department of Foreign Trade has reported a 5.81% increase in the value of border and cross border trade and expects that it will reach 1.6 trillion baht in 2019.Keep watching ...
More loans planned for One Million Housing Units project
The Finance Ministry has ordered the Government Housing Bank to increase the limit of housing loans initially set at 50 billion baht for the One Million Housing Units project after it was over-applied.Keep reading ...
Supachai warns Thailand to prepare for a slowdown in global economy
The global economy is in dissarray with no clear direction, while the US-China trade war is having an adverse impact on investors’ confidence worldwide, warned Supachai Panitchpakdi, former director-general of the World Trade Organisation.Keep reading ...
Wichit Chaitrong
Thailand can cash in on US-China trade war, but there’s no gain without pain
t’s an uneasy time for Asian nations as the rivalry between China and the United States intensifies and it remains uncertain whether they can resolve their trade war when the 90-day truce expires. In this special series the South China Morning Post explores how the ...
