Economy and commerce

Thailand Considers Opening Service Businesses to More Foreign Investment

Thailand is considering opening some businesses in the service industry to more foreign investment, the Bangkok Post reported on Monday (March 26). A panel overseeing the review will meet on Thursday to decide the types of service businesses that will be opened up to foreign ...

Chiang Rai Ships 14 Containers of Chickens Worth 35 Million Baht to China

Deputy Agriculture and Cooperatives Minister Niwat Sutemechaikul, along with China’s Consul General to Chiang Mai Ren Yisheng, presided over the ceremony marking the first shipment of the Thai chicken products to China at Chiang Saen Cargo Port in Chiang Rai.Keep reading ...

Thailand to host 8th ACMECS in June

Thailand is slated to host the 8th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Meeting this June, according to the Ministry of Foreign Affairs.Keep reading ...

Thammarat Thadaphrom

Thailand enjoys 10.3% export growth in Feb

The Ministry of Commerce says the global economic recovery contributed to February’s export growth of 10.3% while maintaining this year’s export growth target at 8%.Keep reading ...

Thammarat Thadaphrom

New business registrations up 11% in February

February saw 6,356 new private companies registered across the country, an increase of 11 percent from the same month last year, but a 9-percent drop from January, when 6,965 firms were logged.Keep reading ...

The Nation Reporter

Thailand aims to boost trade with neighbors by 15% in 2018

Thailand aims to increase trade with countries on its borders by 15% this year, to a record high of 1.5 trillion baht ($50 billion). The government is backing the drive to offset an expected slowdown in overall export growth due to appreciation of the baht ...

Apornrath Phoonphongphiphat

Three Strategies for Thailand’s Economic Transformation

Speaking at the “Thailand Taking off to New Heights” seminar organised by the Thailand Board of Investment (BOI) on March 19, Thailand’s Deputy Prime Minister Somkid Jatusripitak talked three strategies – investments in mega projects, the development of the Eastern Economic Corridor (EEC), and the ...

Priyankar Bhunia

Japan supports Thailand 4.0

As the Thai economy continues to evolve, so too is investment coming from Japan, which sees Thailand as the ideal gateway to the growing ASEAN region. Under the Thailand 4.0 plan, Thailand aims to move to a digital and knowledge-based economy driven by services, innovation, ...

Cargill welcomes Thailand 4.0, reaffirms commitment

Addressing the Thailand Board of Investment, Cargill expressed its strong support of the Thai government’s “Thailand 4.0” economic model. Cargill also affirmed its strong commitment to continue investing in the Thai economy and contributing to the development of the country’s agriculture sector.Keep reading ...

The Nation Reporter

Internal Trade Department to strictly regulate prices after wage rise

The Ministry of Commerce has instructed the Department of Internal Trade to keep a close watch on price of goods in the wake of the wage rise slated to apply from April. The move came after the government had announced a minimum wage rise of 8-22 ...

Vipaporn Pooritanasarn

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