Economy and commerce

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 ...

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 ...

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 ...

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 ...

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 ...

The government is set to wield its sweeping powers under a constitutional provision more often to speed up a series of economic and other reforms over the coming months, a senior government official said yesterday (May, 4).Keep reading ...

The Digital Economy Promotion Agency (DEPA), United Overseas Bank (UOB), and The FinLab have signed a Memorandum of Understanding (MOU) to establish a Smart Business Transformation programme aimed at helping Thai SMEs with digital development.Keep reading ...

Economic growth in the Asean region is expected to remain robust in the coming years on the back of improving global demand, according to a new report. But two key risks could derail this rosy outlook: interest rates rising faster than expected, or an escalation ...

The Japan Bank for International Co-operation (JBIC) has promised to provide soft loans to investors setting up businesses in the Eastern Economic Corridor (EEC) and is ready to back investment in a high-speed link between three airports that underpins the flagship economic zone.Keep reading ...

The Bank of Thailand (BoT) has forecast that the economic growth in the first quarter of this year will be similar to the last quarter of 2017 at 4%. According to the BoT, exports and tourism contributed to the economic growth in the first quarter of ...