Economy and commerce

Thailand’s Economic Research Center at the Government Savings Bank has revealed that low-income earners are tending towards frugal behavior, as overall spending dropped compared to last year.The survey sampled 2,150 people nationwide with incomes under 15,000 baht per month. Overall, spending among this demographic during ...

The cabinet on Tuesday (Dec, 25) approved a draft bill for the air navigation law, allowing foreign investors who win Board of Investment (BoI) promotional privileges to own up to 100% of shares. Three categories — aircraft manufacturing, aircraft parts manufacturing, and maintenance, repair and ...

More than anything else in 2019, citizens want the government to improve the economy, according to a recent survey by the National Institute of Development Administration (NIDA) released on Friday (Dec, 28).Keep reading ...

After nearly five years of painstakingly building up diplomatic and economic resilience under military rule, Thailand is embarking on an important mission as the chair of Asean throughout 2019. The stakes are extremely high, judging from the economic agenda set forth by the government. Keep ...

The Department of Foreign Trade has reported a 5.81% increase in the value of border and cross border trade and expects that it will reach 1.6 trillion baht in 2019.Keep watching  ...

The Finance Ministry has ordered the Government Housing Bank to increase the limit of housing loans initially set at 50 billion baht for the One Million Housing Units project after it was over-applied.Keep reading ...

The global economy is in dissarray with no clear direction, while the US-China trade war is having an adverse impact on investors’ confidence worldwide, warned Supachai Panitchpakdi, former director-general of the World Trade Organisation.Keep reading ...

t’s an uneasy time for Asian nations as the rivalry between China and the United States intensifies and it remains uncertain whether they can resolve their trade war when the 90-day truce expires. In this special series the South China Morning Post explores how the ...

Thailand is unlikely to tighten monetary policy aggressively as inflation remains low and the economy needs support, the chairman of the nation’s central bank said.At the same time, the current pace of annual economic expansion of about 4 percent is sufficient to begin policy normalization, ...

Emerging market stocks recorded a second consecutive week of losses amid worries about a slowdown in China’s economy, reflected in weak retail sales and tepid industrial output growth. Also hurting sentiment was the decision by the European Central Bank to end its massive asset-buying scheme, ...