Economy and commerce

The Asian Development Bank has collaborated with the Office of the National Economic and Social Development Board in holding a seminar on 25 years of Greater Mekong Subregion economic collaboration.Minister of the Prime Minister’s Office Korbsak Phutrakul delivered a keynote address on growth opportunities in ...

Singapore-based United Overseas Bank (UOB) is drumming up interest among Chinese investors to seize opportunities in the Eastern Economic Corridor (EEC) and expects more and more Chinese companies to set up in the country’s flagship economic zone.Keep reading ...

Thai-EU free trade agreement (FTA) talks are expected to resume by the middle of this year, after the bloc late last year agreed to resume political contact “at all levels”, more than three years after suspending them to protest the 2014 military coup.After meeting with ...

Thailand’s Ministry of Agriculture and Cooperatives has reported Thai farm goods enjoyed a trade balance advantage in ASEAN of 200 billion baht in 2017, which should continue if the sector maintains its quality and trustworthiness this year.The Ministry of Agriculture and Cooperatives reports Thailand saw ...

The Office of SMEs Promotion (OSMEP) is optimistic that the country’s small and medium-sized businesses will all register a considerable growth rate this year. Suwanchai Lohawatanakul, Director General of the OSMEP, said on Thursday that the Thai SME’s GDP is expected to grow between 5.0 ...

Prachuap Khiri Khan will again propose the upgrading of Singkhon border pass to a permanent checkpoint at next week’s mobile cabinet meeting, to promote trade with Myanmar. Provincial governor Pallop Sinhaseni said on Friday the cabinet was due to visit Phetchaburi for meetings  with central ...

Thailand is considering applying to join the 11-nation trade deal that was initiated by ex-president Obama but abandoned by President Donald Trump on his first day in office. Negotiations over the deal were concluded in January by the countries — Singapore, Brunei, Malaysia, Vietnam, Australia, ...

Thailand is a fairly developed economy with an upper-middle-income status. Situated in the heart of Southeast Asia, the country serves as a gateway to one of the world’s most dynamic markets. Despite a decade of political instability and economic shocks, the economy grew at a ...

Thailand’s economy gained further traction on external demand but domestic demand was not “sufficiently strong”, and monetary policy has to remain accommodative to boost activity.Keep reading ...

The Thai economy over the past two months has continued to grow on the back of higher consumer confidence and industrial output, as well as the government’s secondary welfare programs. The government has continued to operate a budget deficit in order to stimulate the economy.Keep ...