News

In response to concerns over the drop in the price of jasmine rice due to export slowdown and limited tourism owing to the Covid-19 crisis, the Cabinet has given the go-ahead to a rice-guarantee scheme for farmers who will harvest their rice crop at the ...

The Government Spokesperson has given assurance that cuts to the GSP (Generalized System of Preferences) privileges by the United States on certain Thai products will not have a significant impact on exports to the country, with response measures already in place.Keep watching ...

The Office of the National Water Resources (ONWR) is looking to construct kaem ling water-catchment areas in Chiang Mai’s Mae Teang district to improve Srinakarin dam’s water diversion project. The move is part of a bid to solve the current drought crisis in the western ...

Thailand will attend the signing of the long-awaited Regional Comprehensive Economic Partnership (RCEP) at the 37th Asean Summit under the chairmanship of Vietnam next week.It will be the first-ever virtual signing of an agreement Asean has undertaken, a Foreign Ministry official said on Thursday.Keep reading ...

The total value of business investment applications fell 15 per cent in the first three quarters of 2020 despite a slight rise in the number of firms applying, the Board of Investment (BOI) said on Wednesday.Foreign and local applications from January-September rose to 1,098, as ...

Thailand’s third-quarter agricultural gross domestic product (GDP) recovered to drop by only 0.4 per cent year on year, the Office of Agricultural Economics said on Wednesday.The office secretary-general Chantanon Wannakejohn said production of economic crops, such as rice, tapioca, pineapple, palm oil, mangosteen and rambutan ...

The National Savings Fund (NSF) targets a 10-year return of at least 3% for long-term investment in order to provide fund members with sustainable pensions.The voluntary retirement savings fund targets informal workers, and currently holds investments totalling 8 billion baht.Keep reading ...

Foreign investment applications in Thailand amounted to 118.5 billion baht in January-September, down 29% from a year earlier, as investors were deterred by the coronavirus pandemic, an investment agency said on Wednesday.Foreign investors remain interested in the country, despite months of political protests.Keep reading ...

Using digital data technologies to become a “smart government” is crucial if Thailand wants to restore national competency and keep up with the world.“It’s not enough for state agencies to have their digital data systems and applications,” said Itsakul Unahakate, a lecturer from Thammasat University’s ...

Thailand’s economy will shrink this year by less than previously estimated as government support measures alleviate the impact of the coronavirus pandemic, according to the finance ministry.The Southeast Asian nation, which has seen trade and tourism battered by the pandemic, will contract 7.7% in 2020, ...