Economy and commerce
Report finds skewed SME loan uptake
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 ...
Darana Chudasri
A giant leap for social Commerce
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 ...
Asina Pornwasin
Japan confirms cooperation towards Thailand's entry into CPTPP
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 ...
A moment of opportunity for Thailand’s industrial sector
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 ...
Dept of Foreign Trade organizes business networking between Thailand & Cambodia
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 ...
Benjamin Rujopakarn
BOI-Conditions eased for SMEs to Promote Usage of Technology
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 ...
How Thailand became the 'Detroit of Asia'
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 ...
Talib Visram
Somkid calls for rise in EEC investments from S Korea
Thailand has called for South Korea investors to increase their investments in Thailand’s Eastern Economic Corridor and other areas, while indicating its readiness to serve as a gateway for South Korea businesses in this region.Keep reading ...
The Nation Reporter
EEC applications beat full-year target
Investment applications for the government’s flagship Eastern Economic Corridor (EEC) scheme have reached 400 billion baht, beating its target of 300 billion for the year, says the EEC Office. Keep reading ...
Lamonphet Apisitniran
'Thailand 4.0': No Security in the Growing Thai Gig Economy
Thailand’s junta has expressed interest in promoting platform economies—such as Uber and Airbnb—as part of its “Thailand 4.0” digital economy strategy. Yet the government lacks fundamental understanding of how these economies operate, not to mention to the potential effects of nurturing them.Keep reading ...
