Economy and commerce

Deputy Prime Minister Somkid Jatusripitak is wooing the EU to revive talks on a Thai-EU free trade agreement after the next round of talks in October.He has also asked the EU to help convince Airbus to invest in an aircraft repair centre in Thailand’s Eastern ...

Currently, the two most pressing economic issues in Thailand are the appreciation of the baht and the high level of household debt.While most people understand the negative effects of the rising baht on exports and tourism, few can visualise the adverse consequences of high household ...

Rachada Dhnadirek, deputy government spokesperson, said the Cabinet has approved the setting up of a National Digital Trade Platform and has assigned the Office of the Public Sector Development Commission (OPDC) to work with related agencies and the Joint Standing Committee of Commerce, Industry and ...

Among the key measures included in “Thailand Plus Package”, a new package drawn up to attract foreign investment, is the easing of procedure for foreign investors in applying for visa and work permit.Keep reading ...

The government has moved to ally fears about the state of the economy, insisting the country is not in recession.Government spokeswoman Narumon Pinyosinwat said some critics are relaying inaccurate descriptions of the state of the economy.Keep reading ...

Prime Minister Prayut Chan-o-cha declared on Friday that Asean and six dialogue partners should wrap up talks on the long-overdue Regional Comprehensive Economic Partnership (RCEP) by this November.Keep reading ...

Asean Economic Ministers on Friday gave the nod to four bills pertaining to future development of the region and also acknowledged progress of the Asean Economic Community Blueprint 2025, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said.Keep reading ...

Singapore and South Korea top the charts when it comes to companies receiving orders online, the Digital Economy Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD) shows.According to the report launched a few days ago, more than 60 percent of ...

The office of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is concerned by the performance of the Thai economy in the second half of 2019. The office fears that the lack of stimulating factors and an ever-stronger baht may lead to lower ...

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 ...