News
BoT seen cutting rates in H2, 2024
The Bank of Thailand is projected to start cutting interest rates in the second half of 2024, in line with similar moves by the US Federal Reserve, say analysts, as the domestic economy needs more support to drive growth next year.BMI, a unit of New ...
Bangkok Post Reporter
Cabinet okays B8bn package for sugarcane farmers
The mobile cabinet on Monday greenlighted incentives worth 8 billion baht for sugarcane farmers who agree to cut fresh sugarcane without burning the residue, a move aimed at helping reduce the amount of PM2.5 dust in the 2022/23 harvest year. According to Rudklao Suwankiri, the government’s ...
Bangkok Post Reporter
Household debt for Q2 spikes at Bt16.07 trillion
The national household debt has increased by 3.6%, compared to the first quarter, to about 16.07 trillion baht in the second quarter of this year, representing 90.7% of GDP, according to the National Economic and Social Development Board.The board said that credits of all kinds ...
Call for more stimulus to help economy
Thailand needs new government measures to stimulate the economy next year, easing the impact from the delay in budget allocation for fiscal 2024, says the Federation of Thai Industries (FTI).Fiscal 2024 started on Oct 1, 2023, but the Srettha Thavisin administration has yet to finalise ...
Bangkok Post Reporter
Disabled people an untapped source of Thai economic growth, says PM Srettha
Prime Minister Srettha Thavisin vowed to build a society that leaves no group behind on Sunday, as Thailand marked the UN International Day of Persons with Disabilities.In his speech to mark the occasion, Srettha noted that only 6% of working-age disabled people were employed in ...
The Nation Reporter
Experts identify 3 obstacles to Thailand’s push for global digital competitiveness
The government must readjust its focus to facilitating and regulating digital commerce if Thailand wants to break into the global top 30 digital competitiveness ranking, according to experts and industry figures.Their comments came during a Thursday seminar marking the International Institute for Management Development (IMD)’s ...
The Nation Reporter
FTA talks with EU to get reboot
Thailand is gearing up for the resumption of Free Trade Agreement (FTA) negotiations with the European Union (EU) after the talks were suspended in 2014 due to the coup. The talks should be completed in in 2025, said Commerce Minister Phumtham Wechayachai. Mr Phumtham said on ...
Bangkok Post Reporter
Poor English is holding Thais back
The month of December is usually one of reflection and planning, and this is exactly what is on the menu after the annual EF English Proficiency Index (EF EPI) released its rankings late last month. In case you’re wondering, EF EPI ranks countries (where English ...
Bangkok Post Reporter
Private sector urged to embrace circular economy
The private sector is being encouraged to adopt circular economy principles for business operations to reduce costs, increase efficiency and generate income from innovative business models.Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, said the circular economy concept was introduced in response to ...
Bangkok Post Reporter
Thailand’s Songkran to be celebrated for entire April in 2024 under govt’s soft power plan
A Thai government committee plans to hold Songkran Festival celebrations during the entire month of April 2024, instead of the traditional three days, in a bid to entrench Thailand’s standing among the top 10 global destinations for festivals.Songkran, the Thai traditional new year, falls on ...
