Economy and commerce

The amended Budgetary Procedure Act, which stipulates that the budget of any investment project for which contracts are not signed by the end of the fiscal year will be cancelled automatically, is meant to prompt state agencies to accelerate investment. Keep reading ...

Everyone is confronted by challenges of various kinds. For businesses, it is about being disrupted by technology. Survival of existing business models is being called into question, including financial businesses that have been disrupted by technology and fast-changing customer behaviour.Keep reading ...

E-commerce exporters in China and Australia, consumers in Malaysia, Thailand and Vietnam, and DHL eCommerce are all expecting benefits from the introduction of a Cross Border Cash-on-Delivery (COD) system by Deutsche Post DHL Group.Announced Monday September 17, the DHL e-Commerce Cash on Delivery (COD) service ...

Aiming to successfully lead Thailand into a digital economy, the Digital Economy Promotion Agency has set ambitious goals, including the country emerging as the Internet of Things (IoT) hub of Asia within five years, and the agency itself taking the lead in helping Asean countries ...

ASEAN recorded a 13 percent increase in trade with dialogue partner countries last year, with China declared the top trader in the region. Director-General of the Department of Trade Negotiations Auramon Supthaweethum revealed today that the ASEAN Secretariat has released a report on the value ...

MITSUBISHI Fuso Truck and Bus Corporation (MFTBC), a unit of Daimler Trucks, yesterday announced the construction of a new assembly plant in the Eastern Economic Corridor (EEC).The company will invest 12 million euro (Bt450 million) in a complete knock-down (CKD) assembly plant in Rayong province, ...

CAT Telecom and Thailand Post are promoting the use of online platforms to support small and medium sized business in the country. CAT Telecom expects around a million users to download via the iget Mart application. Keep reading ...

Thailand and Laos have engaged in negotiations to reduce trade and investment barriers, with the aim of creating a logistics network that will boost bilateral trade to 11 billion US dollars by 2021, up from 6.1 billion dollars last year. Commerce Minister Sontirat Sontijirawong, today ...

No national project of global reach carries as much stake and attracts as much attention as China’s Belt and Road Initiative (BRI). Conceived in 2013, the BRI is the colossal brainchild of President Xi Jinping and his government. Keep reading ...

Prime Minister Prayut Chan-o-cha yesterday mandated that the National Economic and Social Development Board (NESDB) and the Board of Investment (BoI) jointly revise the investment target for 10 special economic zones (SEZs) to make them more attractive to investors. The two agencies met the SEZ ...