Economy and commerce

After the Thailand Board of Investment (BoI) announced earlier this year a new policy to offer investment incentives to seven more “Food Innopolis” projects nationwide, Thailand’s food industry has embarked on a transformation journey.Keep reading ...

The Board of Investment (BoI) plans to meet to consider a new investment package on Monday (Nov, 12) to make next year “the golden year of investment”. Deputy Prime Minister Somkid Jatusripitak assigned the BoI to design a new investment package during his recent trip ...

Thailand is expected to push Asean to finalise the negotiations on the Regional Comprehensive Economic Partnership (RCEP) and the South China Sea code of conduct as it assumes the bloc’s chairmanship. Although the handover ceremony will take place later today, with Singaporean Prime Minister Lee ...

Commercial banks’ non-performing (NPL) and special mention loans (SMs) for small and medium-sized enterprises (SMEs), automobiles and credit cards at the end of September ticked up from the previous three months, resulting in a higher potential for more soured loans. Keep reading ...

Prime Minister Prayut Chan-o-cha today pledged to push for greater connectivity to strengthen business and investments in ASEAN when Thailand assumes the chairmanship of the regional grouping next year.Speaking at the ASEAN Business and Investment Summit in Singapore, Gen Prayut said as chairman of ASEAN ...

To this day, when Thai schoolchildren learn by rote the main achievements of their past prime ministers, they are taught that Anand Panyarachun was responsible for the creation of the Association of Southeast Asian Nations’ Free Trade Area (AFTA). What this might mean to them ...

Thailand is seeking to further flesh out its strategic economic cooperation with China by promoting another layer of ties built on direct connections with some Chinese provinces.After meeting China’s State Councillor Wang Yong in Beijing on Wednesday (Nov,7 ), Deputy Prime Minister Somkid Jatusripitak revealed ...

Thailand is moving ahead with plans to upgrade economic cooperation with China, agreeing Wednesday (Nov, 7) to the comprehensive framework on enhancing trade and economic partnership between the two nations and aiming to double bilateral trade to UScopy40 billion (4.59 trillion baht) by 2021.Keep reading ...

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Digital industry is a significant driver of Thailand’s economic transformation strategy, as the country has been moving beyond capturing the global digital evolution for years. With the Thai government’s supportive Thailand 4.0 policy on national infrastructure improvement, extensive efforts to develop a complete ecosystem to ...