Economy and commerce

The Ministry of Commerce has reported on the results of its policies in the first half of the year, which focused on improving local livelihoods, stimulating the grassroots economy, and supporting investment. Commerce Minister Sonthirat Sonthijirawong said that the aim of his ministry is to ...

Best Logistics Technology, a Chinese comprehensive logistics supply chain service based in Zhejiang, is committed to investing 5 billion baht to develop logistics technology in the Eastern Economic Corridor (EEC).Keep reading ...

Business leaders from the lower Mekong River are calling for their governments to use local currencies for border region trade to facilitate transactions and reduce exchange costs. Keep reading ...

Thailand’s Board of Investment (BOI) offers a range of tax and non-tax incentives to foreign companies making investments that are deemed highly beneficial to the Thai economy.In 2015, the BOI announced a new seven-year investment promotion strategy (2015-2021) that offers special privileges to foreign investors. ...

For the past year no visitor to Thailand on government business has been spared the pre-sales spiel on the country’s plans to develop its eastern seaboard into a major economic corridor. With the Eastern Economic Corridor Development Act  (EECDA) coming into effect mid last month ...

The junta’s controversial 20-year national strategy is all but ready for the National Legislative Assembly (NLA) to debate and the government will give priority to implementing projects that raise people’s incomes, Kobsak Pootrakool, the Minister of the Prime Minister’s Office, said yesterday (June 6).Keep reading ...

Increasing e-commerce transactions driven by rapidly changing consumer behaviour combined with the entry of giant e-commerce platforms through local partnerships has intensified competition among logistics and parcel delivery services, challenging existing players in the domestic market. Keep reading ...

Thailand’s social enterprises have been facing issues of sustainability and limited ability to have a positive social impact, but they have plenty of room to grow, the National Economic and Social Development Board said.Keep reading ...

TCC Land Asset World has joined forces with Alibaba.com to provide online – and -offline (O2O) business models for the ‘Tarad Tor Yod AEC Trade Centre’ project in support of the expansion of local entrepreneurs as well as small and medium enterprises (SMEs) to the ...

At a seminar this month to forecast Thailand’s two-way trade with China, the commerce minister, Sonthirat Sonthijirawong, hailed e-commerce as the business model that could propel the country to new heights.Keep reading ...