Economy and commerce

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 ...

In the first quarter of this year, household debt nationwide stood at Bt13 trillion, rising by 6.3 percent and accounting for 78.7 per cent of the total GDP – the highest since the first quarter of 2017, the latest report on Thailand’s Social Situation and ...

The Board of Investment (BoI) looks set to propose to the economic cabinet at its meeting on Friday a relocation package for foreign investors wishing to shift from China to Thailand.The package will focus largely on headquarters, research centres, talent and high technology industry, said ...

The Finance Ministry has agreed to launch a new tax-saving fund to replace long-term equity funds (LTFs), for which the tax incentive is due to expire at the end of this year.The initial details of the new fund bear resemblance to the Sustainable Equity Fund ...

The Commerce Ministry is ramping up business matching activity and trade fairs for potential growth products in cosmetics, healthcare and education in an effort to increase shipments.Keep reading ...

With the circular economy model moving from buzz to business and trade strategy, the Commerce Ministry has pledged to beef up promotion and campaigns for the circular economy to reduce waste and increase value-added production.Keep reading ...

The Federation of Thai Industries (FTI) has joined hands with private companies with the expertise in digital technology to mentor SMEs on digitization, in order to better prepare themselves for the Fourth Industrial Revolution (Industry 4.0) and to enhance their competitiveness.Keep watching ...

The economic cabinet has decided to inject another 316 billion baht into the economy through a new stimulus package and remains optimistic that economic growth will be more than 3% this year despite the sluggish global outlook.Keep reading ...

The economic cabinet has set up a steering committee to push forward progress in seven economic areas and two reform areas after the impact of the economic slump turned out to be more serious than expected.Keep reading. ...