News
Seeking new engines of growth
About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand’s golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment ...
Bangkok Post Reporter
Thai economy faces upheaval due to factory closures and cheap Chinese imports
When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.What, however, received less attention was an announcement by another big automobile ...
BoT views household debt trend as easing
The Bank of Thailand anticipates a further decline in the country’s household debt-to-GDP ratio, supported by the Thai economic recovery and slower loan growth.According to central bank governor Sethaput Suthiwartnarueput, Thailand’s household debt-to-GDP was 90.9% in the first quarter this year, slightly reduced from the ...
Bangkok Post Reporter
Thailand promotes “soft power” through Songkran festival
The Thai government is actively promoting its “soft power” by organising the Maha Songkran World Water Festival 2024 with a series of events taking place over five consecutive days from April 11 to 15.This activity celebrates the Songkran traditional New Year festival being recognised as ...
Special Report: Under the Haze – Demystifying the Flames
Under last year’s haze that shrouded the region and sent over two million people to hospital, concerned authorities and policymakers have started to dispel the myth that has lasted for over 16 years, demystifying it and discovering the root causes; the vastly burned forests and ...
Global warming, El Niño ‘causing water shortages in Thailand'
Global warming and the El Niño phenomenon are having a severe impact on Thailand, as water levels in reservoirs across the country have fallen by an average of 20% compared to normal years, causing water shortages in the agricultural and industrial sectors.Thanitita Boonyamanikun, deputy secretary-general ...
The Nation Reporter
Thailand puts forward six proposals to boost ASEAN tourism
The Thai cabinet has approved six proposals by the Minister of Tourism and Sports to build up regional partnership in promoting tourism of the Association of Southeast Asian Nations (ASEAN).According to Minister of Tourism and Sports Sudawan Wangsuphakijkosol, the proposals will be presented at the ...
Carbon credits from forests serve as new source of ‘green’ income
Carbon credits, representing the reduction of one tonne of carbon dioxide (CO2), have emerged as a crucial weapon in the ongoing battle against climate change.These credits can be traded on the market, offering a means to offset emissions from various sources.According to an article in ...
The Nation Reporter
Empathetic migration policies crucial to create more accepting society
Clear government regulations on migrant workers could improve the public attitude towards them, Dr.Sripapha Petcharamesree, a law professor at Chulalongkorn University, told a public forum.She emphasised that Thailand lacks long-term, comprehensive migration policies that aim to foster integration and acceptance.Speaking at the public forum titled ...
The Nation Reporter
Bank of Thailand insists current policy interest rate ‘appropriate’
The current policy interest rate in Thailand is quite appropriate to the country’s economic landscape and recovery pace, the Bank of Thailand (BOT) insisted on Monday, in its latest response to the current debate which has seen some business leaders and analysts complain that interest ...
The Nation Reporter