The area of the CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) is being urged to upgrade to become a new global value chain to accommodate the new economy and offset the world’s economic uncertainties.Keep reading ...

The next national economic and social development plan should aim to provide Thailand a high value-added economy, according to the state planning unit.Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the NESDC board on Feb 15 approved a development framework ...

Though excessive tourism has garnered recent headlines over threats to the health of Thailand’s diverse saltwater seas, illegal fishing presents another big challenge to preserving their rich natural resources.Remote off-shore islands and underwater rocks are at the greatest risk of damage from illegal fishing activities, ...

Environment advocates are voicing concerns over the Mekong River’s deteriorating ecosystem, especially with more projects set to affect the waterway in the pipeline. “If these so-called development projects continue, especially the construction of more dams, the Mekong will face a crisis,” said Niwat Roi-kaeo, president of ...

The Ministry of Foreign Affairs (MOFA) in Thailand awarded a contract to a major consortium; it will supply 15 million e-passports during a seven-year project. This represents one of the largest passport deployments for the group worldwide, the move is designed to align with national plans to create ...

Shipments of Thailand’s automobiles and auto parts are unlikely to face penalty tariffs by the US because the export values are deemed insignificant. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand’s auto exports made up just a 0.1% market share, or US$231 million ...

Thailand: From a distance, it is hard to make sense of the small patches of green emerging from the cracking mud flats of the Mekong River. They are not oases, nor sprouts of river grass along dusty channels where water normally flows; they are golf greens.Recently, ...

Instead of requesting additional data used in the building of Pak Lay hydroelectric dam in Laos, Dr Le Anh Tuan, a Mekong River expert and deputy head of the Institute for Climate Change Research at Can Tho University, believes that it would be better to ...

The United Nations has identified over-fishing and islands of plastic pollution as the major threats not only to ocean biodiversity but also to the livelihoods of billions of people who rely on bountiful seas.The importance of marine biodiversity to the global economy and food security ...

The Commerce Ministry has set a goal to raise Thailand’s international trade value to Asia’s top five by 2027, up from eighth in 2019, by focusing on value-added industries such as digital, food and healthcare.To achieve the goal, Thailand would need to fetch at least ...

Social media giant Twitter last week blocked nearly one thousand accounts linked to the Royal Thai Army, which were in violation of its policies on manipulation of information. According to a statement released by Twitter, the accounts were “engaging in amplifying pro-RTA and pro-government content, as well ...

Even though cash remains the preferred mode of payment in Thailand, its share is on a gradual decline in light of efforts by the government to promote electronic payments under its National e-Payment Master Plan, according to a report by the data and analytics company ...

Clam farmers in the Cuu Long (Mekong) Delta province of Tien Giang are finding innovative solutions to produce sustainable value chains in an aim to meet international standards. In recent years, declining fishery stocks, disease, and environmental impacts have affected both quantity and quality of clams ...

The Revenue Department estimates that value-added tax (VAT) collection will fall short of the target for this fiscal year because of waning domestic consumption and the stronger baht, and the shortfall could extend to next year if the situation remains unchanged.Keep reading ...

A focus on high-value users, the environmental, social and governance (ESG) theme, digital inclusion and data infrastructure regulations will bring a sustainable digital economy to Thailand, according to Google.The fields of digital financial services (DFS), health, education, food and generative artificial intelligence (Al) are among ...

The government has developed urgent policies to cope with the volatility of the global economy especially the impact of the trade war between China and the United States. The Thai Chamber of Commerce (TCC) is ready to work closely with the Ministry of Commerce to ...

Adding value to Thai products by increasing the connectivity between the agriculture, manufacturing and tourism industries is key to achieving economic growth in 2019 and beyond, said deputy prime minister Somkid Jatusripitak during a meeting yesterday with the National Economic and Social Development Council (NESDC).Keep ...

Prime Minister Prayut Chan-o-cha issued 14 urgent measures today (March 3) to handle the Covid-19 situation, government spokesperson Narumon Pinyosinwat said. They are: 1. State agencies must strictly enforce the Public Health Ministry’s measures and guidelines on the outbreak and, if need be, can also issue ...

The Finance Ministry plans to adopt blockchain-based value-added tax (VAT) refund service for foreign tourists, starting from the end of this month.The blockchain technology for VAT refunds should speed up the process for tourists as details of their purchases will be immediately shared with the ...

In May, Campaign for Nature announced that Southeast Asian nations were showing growing support for the goal of protecting 30% of the planet’s land and oceans by 2030. Dr Zakri Abdul Hamid is ambassador for the campaign, which is a partnership between the Wyss Campaign for ...