Economy and commerce

Thailand’s border trade remains on course for healthy growth after rising 6.8% year-on-year in the first half of the year amid higher demand for Thai goods. According to Wanchai Varavithya, deputy director-general of the Foreign Trade Department, overall border trade, including transit trade, amounted to ...

Thailand came in first in the recent ‘Best Countries to Start a Business Rankings’ of the ‘2018 Best Countries Rankings Report’, marking the second consecutive year it took home top honours.The Report also recognises Thailand as the 27th ranked country overall in regards for doing ...

Myanmar’s new foreign direct investment act is expected to attract more Thai investment in the neighbouring country, says the head of the Thai Business Association of Myanmar. Keep reading ...

Only 17% of 3 million small and medium-sized enterprises (SMEs) have access to commercial bank loans, and as much as 84.2% of the total SME loan portfolio is concentrated in 50,000 operators, says a report by the Puey Ungphakorn Institute for Economic Research. Keep reading ...

Thai consumers have reached a new high in online commerce, thanks to Facebook Messenger’s latest deal with Kasikornbank for a one-stop shopping experience on mobile apps. The deal makes online commerce on the giant social media platform easier and more convenient as payment can be ...

Japan and Thailand agreed on Wednesday (July 18) to work together towards the Southeast Asian country’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as the two nations boost economic cooperation aimed at promoting free trade.Keep reading ...

The world is changing, and business in Thailand must understand the drivers of this change.This is why, as I enter my third decade in Thailand’s industrial sector, I believe it is more vital than ever for every business to observe international megatrends – changes which ...

Thailand’s Department of Foreign Trade (DFT) is introducing new Thai entrepreneurs to Cambodian businesses in Phnom Penh to create opportunities for trade with neighboring countries. The department is confident that the program will result in purchase orders worth at least 220 million baht. Keep reading ...

The government has launched measures to boost Thailand’s economic growth through the development of the Eastern Economic Corridor or EEC. These measures will undoubtedly lead to major investments in infrastructure and utility projects.It’s a misconception that the EEC development project targets foremost foreign or large ...

Thailand has been a stronghold for automobile manufacturing for decades. It nicknamed itself “the Detroit of Asia,” and the moniker stuck, with good reason. It’s currently the 12th most industrious auto manufacturer in the world, and the largest in Southeast Asia.Keep reading ...