Economy and commerce

The Thai government is considering to work on “packages of economic activities” to stimulate its slowing economy, Thailand’s new finance minister, Uttama Savanayana, told the Nikkei Asian Review in an interview in Tokyo on Wednesday.Keep reading ...

Thailand is returning to the negotiating table for a Thai-European Union (EU) free-trade agreement (FTA) after the green light was given by the new government, according to Auramon Supthaweethum, director-general of the Trade Negotiations Department.“This follows a directive from the new Deputy Prime Minister and ...

The Bank of Thailand (BOT)’s latest measure to manage the inflow of foreign money should not affect long-term foreign investment in the country, BOT director of economic analysis Pornpen Sodsrichai said on Thursday.Keep reading ...

The Digital Economic Promotion Agency  will propose an extension of the 200% tax cut policy for entrepreneurs who invested in software technology and will increase the maximum sum for a tax exemption to 200,000 baht.Keep watching ...

The new government is expected to inject between Bt60 billion and Bt100 billion into the economy by the end of the year with policies to boost consumer spending and reduce the cost of living.However, economists question the government’s budget capabilities to fund these projects and ...

Rice exporters on Wednesday lowered their target for the year from 9.5 million tonnes to 9 million, after a sharp fall in first-half shipments due to the strong baht and ample global stockpiles.Thailand’s rice exports from January to June this year fell 19.6% compared with ...

Non-performing loans (NPLs) relating to agricultural products reached 12 per cent in the first quarter of this year, sitting at Bt25 billion, TMB Analysis reports.The retail and wholesale businesses for small and medium-sized enterprises (SMEs) are in a worrisome situation in terms of debt, said ...

With large-scale industries reluctant to invest in the border special economic zones (SEZs), Deputy Prime Minister Somkid Jatusripitak has assigned government agencies to come up with more measures and incentives to draw investment from small and medium-sized enterprises (SMEs).Keep reading ...

The Libra project has shaken the global financial scene since Facebook, with a group of founding members, announced the proposed cryptocurrency last month. The plan to launch a new currency next year is ambitious and controversial, as Libra is scrutinized by central banks around the ...

The Bank of Thailand’s moves to counter hot-money inflows that have pushed the baht to a six-year high and the central bank’s vow to impose more measures if such speculative flows linger rattled the local currency and the stock market on Friday.Keep reading ...