Economy and commerce

Leaders of 21 Pacific Rim economies on Sunday (Nov, 18) began discussing in Papua New Guinea ways to promote free trade and regional economic integration amid an unfolding trade war between the United States and China.This year, Washington and Beijing have engaged in tit-for-tat rounds ...

A trading board for startup shares is expected to be established in a few years to support Thailand’s path to becoming a startup nation, says Deputy Prime Minister Somkid Jatusripitak. Startups are not qualified to list on the main board of the Stock Exchange of ...

Countries backing the  Regional Comprehensive Economic Partnership (RCEP) have resolved  17 trade issues this year, while leaving unfinished matters to reach finalisation next year.Keep reading ...

After the Thailand Board of Investment (BoI) announced earlier this year a new policy to offer investment incentives to seven more “Food Innopolis” projects nationwide, Thailand’s food industry has embarked on a transformation journey.Keep reading ...

The Board of Investment (BoI) plans to meet to consider a new investment package on Monday (Nov, 12) to make next year “the golden year of investment”. Deputy Prime Minister Somkid Jatusripitak assigned the BoI to design a new investment package during his recent trip ...

Thailand is expected to push Asean to finalise the negotiations on the Regional Comprehensive Economic Partnership (RCEP) and the South China Sea code of conduct as it assumes the bloc’s chairmanship. Although the handover ceremony will take place later today, with Singaporean Prime Minister Lee ...

Commercial banks’ non-performing (NPL) and special mention loans (SMs) for small and medium-sized enterprises (SMEs), automobiles and credit cards at the end of September ticked up from the previous three months, resulting in a higher potential for more soured loans. Keep reading ...

Prime Minister Prayut Chan-o-cha today pledged to push for greater connectivity to strengthen business and investments in ASEAN when Thailand assumes the chairmanship of the regional grouping next year.Speaking at the ASEAN Business and Investment Summit in Singapore, Gen Prayut said as chairman of ASEAN ...

To this day, when Thai schoolchildren learn by rote the main achievements of their past prime ministers, they are taught that Anand Panyarachun was responsible for the creation of the Association of Southeast Asian Nations’ Free Trade Area (AFTA). What this might mean to them ...

Thailand is seeking to further flesh out its strategic economic cooperation with China by promoting another layer of ties built on direct connections with some Chinese provinces.After meeting China’s State Councillor Wang Yong in Beijing on Wednesday (Nov,7 ), Deputy Prime Minister Somkid Jatusripitak revealed ...