Economy and commerce

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 ...

The Thai government is planning to amend its foreign business law to boost inbound investment, as it tries to stimulate economic growth to catch up with its neighbors.Keep reading ...

Thailand’s gross domestic product (GDP) growth soared to five-year highs in Q1 of 2018. The Thai economy grew by 4.8% last quarter, surpassing predictions. The surge has led the statistics agency to reassess its growth predictions for the year. It now estimates 2018 growth of 4.2- ...

Alibaba Business School, the Industrial Promotion Department (IPD) and the International Trade Promotion Department (ITPD) have begun a long-term joint e-commerce training programme that seeks to develop a digital mindset among aspiring entrepreneurs, government officials, college lecturers and students across Thailand.Keep reading ...