Economy and commerce
Thailand’s food exports poised for 7.1 percent growth in 2021
Thailand’s food exports are forecast to recover to 7.1 percent growth this year, fetching 1.05 trillion THB (35 billion USD), driven by growing demand in the global market.The anticipated rise in farm and food prices, especially for chicken, sugar, tapioca products and pineapples, as well ...
Thailand’s GDP contracted 6.1 per cent in 2020 due to Covid-19: NESDC
Thailand’s gross domestic products (GDP) shrank 6.1 per cent in 2020 due to widespread impact of the Covid-19 pandemic, the National Economic and Social Development Council (NESDC) said on Monday.Danucha Pichayanan, secretary-general of NESDC, said at a conference that GDP in the fourth quarter of ...
The Nation Reporter
Debt event offers relief for those hit by Covid-19
The government has rolled out a debt mediation programme for debtors having problems repaying debts in light of Covid-19.Deputy government spokeswoman Traisuree Taisaranakul said Prime Minister Prayut Chan-o-cha has instructed various agencies to help debtors by preventing them from missing repayments and suffering from its ...
Bangkok Post Reporter
Cross-border trade with Myanmar via Ranong looking up
Thai-Myanmar border trade through Ranong province in January 2021 grew by 3.94 per cent in value compared to the previous month, with Thai exports increasing by 6.12 per cent, Wanida Arunothai, chief of Ranong Provincial Commercial Office under the Ministry of Commerce, revealed.The main exports ...
The Nation Reporter
State plan to aid e-commerce
The Electronic Transactions Development Agency (ETDA) is gearing up to develop digital infrastructure, upgrade e-transaction rules, improve e-transaction system standards and promote digital knowledge among the public as part of its 2021-22 strategic plan.The draft plan was revealed when ETDA recently held an online conference ...
Komsan Tortermvasana
Online logistics business talks with Myanmar, Laos create over Bt130 million in trade value
The Department of International Trade Promotion’s (OBM) negotiations with Myanmar and Laos to help Thai logistics operators has yielded a trade value of more than Bt130 million, director-general Somdet Susomboon said on Wednesday.The two sets of OBM negotiations covered joint ventures, business cooperation, transportation and ...
The Nation Reporter
Thai Parliament approves Regional Comprehensive Economic Partnership (RCEP)
The parliament approved the ratification of the Regional Comprehensive Economic Partnership (RCEP) which was expected to take effect this year, said Deputy Prime Minister and Commerce Minister Jurin Laksanawisit.RCEP would be the 14th free trade agreement (FTA) of Thailand and would promote Thai trade, he ...
Home loan help for lower earners
More than half of this year’s new housing loan target of 215 billion baht will be provided with low interest rates to help low-income earners to purchase their own homes, says GH Bank.State-owned GH Bank plans to offer low-interest housing loans to low-income earners under ...
Wichit Chantanusornsiri
Regulator to shift oversight of ICOs to Securities Act
The Securities and Exchange Commission (SEC) plans to transfer oversight of initial coin offerings (ICOs) for investment and utility tokens to the Securities Act in order to remove regulatory overlap and promote digital assets.Nopnuanparn Pavasant, director of the Fintech Department at the SEC, said the ...
Bangkok Post Reporter
A solution to plastic pollution: circular economy
The dire state of the world’s oceans can no longer be ignored. Discarded plastic waste — particularly single-use plastic — is putting marine life at risk.It’s not only big chunks of plastic and bags that pose a danger: plastic exposed to salt water and ultraviolet ...
Bangkok Post Reporter
