News
Govt more democratic this year, survey finds
The government is delighted with a new Economist Intelligence Unit (EIU) report that Thailand’s ranking on a democracy index has improved more than any other country in the world over the past year, says government spokesman Anucha Burapachaisri. Mr Anucha, who is also deputy secretary-general to ...
Bangkok Post Reporter
Thailand enhances regional cooperation through the Bay of Bengal Initiative
The Ministry of Foreign Affairs’ Department of International Economic Affairs led a meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) earlier this week that established guidelines that will shape future cooperation among its seven country members.The department’s director-general, Cherdchai ...
The Nation Reporter
Appraised land prices in Bangkok top list nationally: Treasury Department
The price of land in Bangkok remains higher than in any province in Thailand, with the most expensive plots in the capital’s central business district, according to the latest update on appraised land value by the Treasury Department.The update is based on appraised prices as ...
The Nation Reporter
Fifth round of subsidies for domestic tourism begins next month: TAT
The timeline for the fifth phase of the government’s domestic-tourism promotion campaign – which provides subsidies to hoteliers and tourists to encourage travel – will run from early March till the end of April, the Tourism Authority of Thailand (TAT) announced on Friday.The fifth phase ...
The Nation Reporter
Thai consumer confidence at 25-month high in Dec as tourism recovers
Thai consumer confidence rose for a seventh straight month in December, reaching a 25-month high, boosted by improved economic activity and higher foreign tourist arrivals, a survey showed on Thursday.The consumer index of the University of the Thai Chamber of Commerce rose to 49.7 in ...
Thai central bank expects virtual banks to start operations in 2025
Thailand’s central bank expects virtual banks to begin operating in the second quarter of 2025, it said in a statement on Thursday.The Bank of Thailand said it plans to propose giving licences to three operators for virtual banks, but may open this up for additional ...
Signs of economic slowdown alarming
The Thai government, businesses, and citizens are cherishing the news of returning Chinese tourists with the first group of 286 passengers who arrived on Monday. The Tourism Authority of Thailand estimates that 5 million Chinese tourists will visit our country this year, bringing with them ...
Thailand ups effort to classify economic activities based on environment impact
The Bank of Thailand (BOT) says it is accelerating issuance of standards to classify economic activities based on their environmental impact, to help the country cope with climate change.The so-called Thailand Taxonomy standards will aid green financing as companies transition to the government’s BCG (Bio-Circular-Green) ...
The Nation Reporter
Thailand considering diesel tax cut extension despite easing fuel crisis
The Finance Ministry is considering whether to extend the excise tax cut of 5 baht per litre of diesel, which is due to expire on January 20. The tax cut was originally imposed last year to suppress soaring pump prices during the fuel crisis, which ...
Asia Pacific ahead of the curve in using data, AI, analytics in healthcare: Philips report
Healthcare leaders throughout the Asia Pacific (Apac) region are looking to data and predictive technologies as the foundations of their future healthcare systems, the Philips Future Health Index (FHI) 2022 report revealed.The report outlined data and staffing challenges for healthcare in Apac, as the region’s ...
The Nation Reporter
