Economy and commerce

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 ...

From applications in mobile phones, to home automation, to cashless society and beyond, digital is now the new norm in our everyday lives. It is changing what we do and how we get things done in countless ways.We now see robots working alongside people to ...

In Thailand in 2019, a transformation of the consumer market will be led by global e-commerce businesses, giving businesses both new opportunities and challenges.Keep reading ...

A recent report noted that Thailand is in the process of gradually shifting from a manufacturing to a high-value, hi-tech manufacturing economy.This was seen after the country has put all its efforts into promoting the use of advanced technology, science, and innovation in parallel with ...

Amid global trade disputes and economic instability, the Ministry of Commerce has pivoted its export strategy towards India, which continues to see high demand for Thai products and services as well as investment potential for the Thai government’s Eastern Economic Corridor (EEC).Keep watching ...

Japanese multinational banking and financial services company Sumitomo Mitsui Banking Corporation (SMBC) is keen to expand in Thailand to cash in on the Industry 4.0 initiative set to attract more foreign invester.Keep reading ...

Public confidence in the expansion of the Thai economy continues to improve after a clear election date has been set fourth and a comeback in the number of Chinese tourists. The University of the Thai Chamber of Commerce expects spending during Valentines and Makha Bucha ...

With the stronger baht constraining Thai economic growth, other small emerging market economies are facing the risk of recession, economists warn.Teerana Bhongmakapat, former dean of economics at Chulalongkorn University, expressed concern about the baht’s rise against the US dollar and regional currencies. “The overshooting baht ...

Thailand’s investment is expected to grow by 10% in 2020, largely driven by outlays to the government’s flagship Eastern Economic Corridor (EEC). Kanit Sangsubhan, secretary-general of the EEC Office, said investment in the corridor is expected to become vibrant in 2020, with the growth rate ...