Economy and commerce

Thailand will apply this month to join the new trans-Pacific free trade agreement, aiming to ensure it is not left behind by its competitors in the vibrant region, according to the country’s trade negotiations chief.“Thailand is working with the documents for applying to the CPTPP,” ...

The state planning unit is keeping a close watch on rising household debt after debt defaults on personal loans increased at a faster rate. The National Economic and Social Development Council (NESDC) reported on Fridaythat household debt in the third quarter of 2018 was equal ...

The Thai currency’s appreciation is an indication of the country’s good economic performance and stability, according to Deputy Prime Minister Somkid Jatusripitak.The deputy premier reassured investors about Thailand’s economic performance during his speech at the Federation of Thai Industries’ board meeting.Keep reading ...

The Board of Investment (BoI) has approved in principle the promotion of Thailand as a bio-economy hub to increase farmer income, in line with the government’s policy to reduce income inequality and develop new S-curve industries.Keep reading ...

IDC on Monday unveiled its top predictions for Thailand’s information-technology industry for this year and beyond, predicting that by 2022 more than 61 per cent of the country’s gross domestic product will be digitalised.Keep reading ...

The Board of Investment (BoI) yesterday approved five investment projects worth a total of Bt40.462 billion during a meeting chaired by Prime Minister Prayut Chan-o-cha.The highest investment proposal comes from a Chinese investor, Ju Xunning, who plans to invest Bt10.061 billion to establish a car ...

Since late 2018, we have already seen signs of global economic slowdown. Financial markets have been fluctuating. Among the factors are the downshifting of the US economy which led to weakened US dollar. The prolonged US-China trade war has troubled Thai exports for quite sometime. ...

Adding value to Thai products by increasing the connectivity between the agriculture, manufacturing and tourism industries is key to achieving economic growth in 2019 and beyond, said deputy prime minister Somkid Jatusripitak during a meeting yesterday with the National Economic and Social Development Council (NESDC).Keep ...

While the Thai government has a list of up to 12 economic deliverables as it chairs Asean this year, business leaders are not sure its work this year will benefit the private sector in the near future.Keep reading ...

Foreign investors are still confident about Thai economic prospects, but fret over the connectivity between the current government’s flagship Eastern Economic Corridor (EEC) and related infrastructure developments, anti-corruption policy and the direction of free trade agreements (FTAs). Keep reading ...