Economy and commerce
Thailand to push RCEP deal this year
Thailand, as Asean chair, will push for conclusion of the Regional Comprehensive Economic Partnership (RCEP) negotiations by the year-end in order to counterbalance the negative impacts of the US-China trade war. Auramon Supthaweethum, director-general of the Department of Trade Negotiations (DTN) under the Commerce Ministry, ...
Phuwit Limviphuwat
Social Development and Welfare Dept continues to develop SE Online database
The Director General of the Department of Social Development and Welfare has continued to develop a database for requesting a social enterprise certificate online (SE Online).Social Development and Welfare Department Director General Napha Setthakorn said the Department of Social Development and Welfare is the main ...
Supawadee Wangsri
World Bank shows confidence in Thai economy
Prime Minister Prayut Chan-o-cha has expressed satisfaction with the World Bank’s forecast that the Thai economy will expand continuously for at least two years.Keep watching ...
World-Beating Baht Adds to Thai Challenges as Exports Fall
A surge in the baht is adding to the challenges facing Thailand’s trade-dependent economy this year as exports decline.The baht’s climb of about 5 percent against the dollar in the past six months is the strongest in the world, according to data compiled by Bloomberg. ...
Bankers warn of foreign countries' effect on Thai economy
Kasikorn Bank has suggested investors keep a close watch on foreign factors particularly the U.S.-China trade war and the British parliament’s rejection of the Brexit deal.Keep watching ...
Czechs eye Thai trade, technology
The government of the Czech Republic along with 39 companies from the Central European country met with the Thai government on Wednesday to discuss investment in trade and technological development in the Eastern Economic Corridor (EEC). The meeting resulted in the two governments signing a ...
Lamonphet Apisitniran
EEC Office upbeat ahead of election
The Eastern Economic Corridor (EEC) project is unlikely to be affected by the upcoming election, thanks to the EEC Act that came into force last May. The government pushed for the EEC Act to build confidence for investors in Thailand and bolster faith in the ...
Lamonphet Apisitniran
Smog to exact heavy price
The severe air pollution problem in Bangkok will take a heavy toll on the country’s economy unless the authorities can effectively clear the smog, a research report warned yesterday (Jan, 15). A Kasikorn Research Centre analysis yesterday (Jan, 15) said the smog could cost Thailand ...
Pratch Rujivanarom
Brighter prospects for e-commerce
Thanks to the growing popularity of online shopping in Thailand, e-commerce is expected to have the brightest growth prospects this year, while book rental, handicraft and conventional furniture are forecast to face the bleakest outlook. Thanavath Phonvichai, vice-president for research at the University of the ...
Phusadee Arunmas
Thai investment view undimmed by strains of world economic tensions
The Board of Investment (BoI) has increased its target for investment into the country lured by its privileges in spite of the uncertain economic conditions. While the 2019 target of Bt750 billion exceeds that of last year’s Bt720 billion, it has been described as conservative.Keep ...
Phuwit Limviphuwat