News

The Energy Ministry plans to establish a “hydrogen valley” in the Eastern Economic Corridor (EEC), a senior state energy official has said.Sarat Prakobchart, the deputy director-general of the Energy Policy and Planning Office (EPPO) under the Energy Ministry, told a seminar on June 13 that ...

Experts are warning Thailand to brace for unusually low average rainfall that may lead to drought as a result of the El Niño weather pattern. Therefore, the government must take proactive action with with a comprehensive water management plan to minimise its impact, they say. The ...

Thailand’s economy remains strong, despite weaker shipments, though the weaker baht currency will be supportive of exports this year, Finance Minister Arkhom Termpittayapaisith said on Friday. The weaker baht compared with last year could for the full year 2023 help exports to either grow, or fall ...

The caretaker government is proposing to “fully re-engage” Myanmar’s military rulers and has invited Asean foreign ministers to an informal meeting on Sunday in an effort to jump-start a stalled peace plan, Reuters has learned. The proposal was made in a June 14 letter to ...

The Thai economy is likely to expand 3.6% this year and 3.8% next year due to stronger-than-expected growth in the tourist industry, according to the Bank of Thailand (BOT).It said the number of foreign tourists could hit 29 million this year and 35.5 million next ...

Thailand remains in Tier 2 in the latest Trafficking in Persons (TIP) report issued by the United States, reflecting modest progress in its enforcement efforts but not enough to lift the country to Tier 1 as some officials had hoped. “The Government of Thailand does not ...

Thailand’s global startup ecosystem ranking has risen to 52, demonstrating the country’s efforts to build and drive its socioeconomic status through innovation, the National Innovation Agency’s (NIA) executive director, Pun-arj Chairatana, said on Friday.His remarks came as StratupBlink, the world’s most comprehensive startup ecosystem map ...

Caretaker Prime Minister Prayut Chan-o-cha wants to expand transportation infrastructure to enhance the economic development of the Southern region, government spokesperson Anucha Burapachaisri said on Sunday.This includes connecting transportation between the Gulf of Thailand and the Andaman Sea, he added.This project is intended to further ...

The five-year master plan of the Eastern Economic Corridor is currently being reviewed before gathering feedback and presenting it to the new government for consideration, EEC secretary-general Chula Sukmanop said last week.The plan for the years 2023-2027 emphasises connectivity between industries and communities, creating supply ...

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.SCB Economic Intelligence Center (EIC), a research unit of Siam Commercial Bank, predicts the central bank’s ...