Economy and commerce

Thailand and Laos have engaged in negotiations to reduce trade and investment barriers, with the aim of creating a logistics network that will boost bilateral trade to 11 billion US dollars by 2021, up from 6.1 billion dollars last year. Commerce Minister Sontirat Sontijirawong, today ...

No national project of global reach carries as much stake and attracts as much attention as China’s Belt and Road Initiative (BRI). Conceived in 2013, the BRI is the colossal brainchild of President Xi Jinping and his government. Keep reading ...

Prime Minister Prayut Chan-o-cha yesterday mandated that the National Economic and Social Development Board (NESDB) and the Board of Investment (BoI) jointly revise the investment target for 10 special economic zones (SEZs) to make them more attractive to investors. The two agencies met the SEZ ...

There has been a steady stream of Chinese delegations coming to Thailand to look at business opportunities, particularly in the Eastern Economic Corridor (EEC).Most recently a group of high-ranking Chinese officials and executives met with Thai counterparts at the 6th meeting of the Joint Committee ...

A new report from the global research and consultancy firm Oxford Business Group (OBG) shines a spotlight on the Thailand 4.0 initiative and the development of the Eastern Economic Corridor (EEC), which together have helped foreign investment levels to recover. Keep reading ...

Electronic services of many banks – ATMs, mobile and internet banking – crashed on Friday morning (August 31). Messages on some screens said there were too many users. One big bank was later disconnected from the central switching system and other banks’ services were  restored. ...

A multi-billion dollar infrastructure fund planned by the Thai government, first announced in 2015, will be launched in October, delayed again from September, a senior finance ministry official said on Wednesday. (August 29)The government aims to use the “Thailand Future Fund”, intended to eventually reach ...

Japan plans to team up with China to invest in Thailand’s infrastructure projects, targeting the Eastern Economic Corridor (EEC), said Transport Minister Arkhom Termpittayapaisith.The move came after the recent signing of a memorandum of understanding on private-sector economic cooperation in third-world countries between China and ...

The Bank of Agriculture and Agricultural Cooperatives (BAAC) reported progress of Tree Bank Project that 80% of the collateral price is equal to the land from the original 50% of the assessed credit, as an alternative choice for farmers can solve their debt problems. Along ...

Thailand aims to connect China’s Belt and Road Initiative (BRI) to accelerate more investment and trade opportunities in Asia, especially ASEAN and ACMECS, Thailand’s Deputy Prime Minister Somkid Jatusripitak told almost 1,000 participants from both China and Thailand at the “Thailand-China Business Forum 2018: Comprehensive ...