Economy and commerce

Thailand considers express visa issuance to lure foreign business

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 ...

Apornrath Phoonphongphiphat

What is behind Thailand’s strong first quarter economic growth

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 joins forces with agencies in courses for Thai entrepreneurs, students and govt officials

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 ...

The Nation Reporter

Thai Startups Get A Boost With 10Bln Baht BOI Funding

In order to position Thailand as a startup hub in Asia by 2020, the government has ordered the Board of Investment (BoI) to spend 10 billion ($312 million) baht of the Competitiveness Fund on the startup community as well as demanding the acceleration of three ...

Olivier Languepin

Myanmar boosts its bid to ease loan access for SMEs

Following the May 17 issuing of Myanmar’s first credit bureau licence to a joint venture company between Singapore’s Asian Credit Bureau Holdings and Myanmar Banks Association, small and medium enterprises (SMEs) now have a chance for a brighter future, according to government officials and industry ...

Khine Kyaw

“SME Transform” aims to lift standards of Thai startups

The government is keen to raise the standard of Thai startups to a level on par with their Singaporean counterparts. Deputy Prime Minister for Economic Affairs, Somkid Jatusripitak said on Friday that the SME Transform event hosted by the Ministry of Industry brings together small and ...

Thammarat Thadaphrom

Investment floods into Mekong Delta

The Mekong Delta once sheltered Viet Cong guerrillas as they battled U.S. forces during the Vietnam War. Today the area is the country’s “rice bowl,” providing half of the national rice supply. It is also becoming an increasingly attractive investment destination for domestic and foreign ...

Yukako Ono

EU looking to return to FTA talks under elected Thai government

The European Union delegation visiting Thailand is optimistic of making a breakthrough in free trade talks with Thailand within four years, under the elected future government.“Negotiations on an FTA will only be possible with a democratically elected government,” the EU delegation to Thailand ambassador Pirkka ...

Wasamon Audjarint

Breakthrough in Cold War?

There were high stakes on both sides in the summit that’s just taken place between US and Chinese trade officials headed by heavyweight Treasury Secretary Steven Mnunchin.The central issue for both is China’s challenge to American supremacy in technology. China’s goal is to dominate the ...

Suwichai Songwanich

Industry Ministry pushes forward Eastern Fruit Corridor campaign

The Ministry of Industry is pushing forward the development of the Eastern Fruit Corridor campaign with the establishment of a feasibility study committee, set to survey for investors’ interests later this year, says official. The Ministry of Industry Permanent-Secretary, Pasu Loharjun, said the Eastern Fruit Corridor ...

Tanakorn Sangiam

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