Economy and commerce

Thailand has teamed up with the EU to push the World Trade Organization (WTO) into greater engagement for handling protectionist and retaliatory issues to curb a possible trade war. Keep reading ...

Artificial Intelligence, robotics and machine learning are now frequently-used vocabulary, and as they become integrated into our lives we soon won’t be able to live without them. Like it or not, these technologies will drastically change the future of work. As thousands of jobs are ...

Thailand 4.0 is a new model being proposed by the Thai government as they look towards having a value-based economy. Thailand 1.0 saw emphasis on agriculture, 2.0 saw the focus switch to light industries and 3.0 was all about heavy industries. Thailand became stuck in ...

Thailand’s border trade is expected to flourish this year, thanks to the government’s continuous promotion activities and growing demand for Thai products among neighbouring countries.Keep reading ...

The ongoing trade dispute between the United States and China is yielding more opportunities for Thailand and Asean to extend their grip on international trade, said Matthew Pottinger, an adviser to the Asia desk of the National Security Council (NSC). Keep reading ...

The Ministry of Commerce has reported on the results of its policies in the first half of the year, which focused on improving local livelihoods, stimulating the grassroots economy, and supporting investment. Commerce Minister Sonthirat Sonthijirawong said that the aim of his ministry is to ...

Best Logistics Technology, a Chinese comprehensive logistics supply chain service based in Zhejiang, is committed to investing 5 billion baht to develop logistics technology in the Eastern Economic Corridor (EEC).Keep reading ...

Business leaders from the lower Mekong River are calling for their governments to use local currencies for border region trade to facilitate transactions and reduce exchange costs. Keep reading ...

Thailand’s Board of Investment (BOI) offers a range of tax and non-tax incentives to foreign companies making investments that are deemed highly beneficial to the Thai economy.In 2015, the BOI announced a new seven-year investment promotion strategy (2015-2021) that offers special privileges to foreign investors. ...

For the past year no visitor to Thailand on government business has been spared the pre-sales spiel on the country’s plans to develop its eastern seaboard into a major economic corridor. With the Eastern Economic Corridor Development Act  (EECDA) coming into effect mid last month ...