Economy and commerce

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 ...

Chinese experiences and investment are one of the most important factors in supporting Thailand’s economic development, Deputy Prime Minister Somkid Jatusripitak said here on Friday (Aug 24).Addressing “Thailand-China Business Forum 2018” here in Bangkok, Somkid welcomes more investment from China. He also expressed thanks to ...

Revised investment laws in Myanmar have been welcomed as offering greater opportunities for Thai companies of all sizes to move into wholesale and retail businesses across the border.Pakainay Leng-ee, minister counsellor at the Thai embassy’s office of commercial affairs in Yangon, yesterday said Thai companies ...

TMB BANK Plc , which recently issued Thailand’s first green bonds, aims to lead the way in sustainable banking by doing business in a way that supports its customers as well as social development, environment protection and the uplifting of banking service standards, TMB Chief ...

The government will sign 17 memorandums of understanding (MoUs) with Chinese counterparts, expecting to capture new trade and investment for the flagship Eastern Economic Corridor (EEC) scheme. Keep reading ...

Japanese investment in Thailand is expected to become more vibrant after the timeline of the government’s much-touted Eastern Economic Corridor (EEC) is clarified, says Kalin Sarasin, chairman of the Thai Chamber of Commerce. Keep reading ...