The Nation
Confidence in manufacturing, employment drops
The Business Sentiment Index (BSI) dropped to 47.4 in November 2019, which was below the 50 threshold for eight consecutive months due largely to weaker confidence in the manufacturing sector, according to a central bank report on Monday (December 2).However, the confidence of respondents in ...
The Nation Reporter
Govt launches new tax deduction scheme for long-term investment in mutual funds
The government has launched a so-called super savings fund (SSF) aimed at encouraging people to invest in long-term mutual funds by offering tax deductions of up to 30 per cent of annual income.The Cabinet approved the Finance Ministry’s proposal on the new tax scheme, Finance ...
The Nation Reporter
Three provinces shortlisted for transit-oriented development
Chonburi, Ayutthaya and Khon Kaen provinces should serve as models for the Transit Oriented Development (TOD) project, according to a study by the Transport Ministry.The Office of Transport and Traffic Policy and Planning (OTP) has been tasked since 2017 to study city development plans along ...
The Nation Reporter
Economic downtrend continues in Oct despite private consumption, tourism growth
The Thai economy stayed on the path of deceleration in October, the Bank of Thailand said in a report yesterday (November 29).The value of merchandise exports continued to contract, mainly due to the economic slowdown of trading partners, consistent with deterioration in manufacturing production and ...
The Nation Reporter
‘Eat, Shop, Spend’ campaign a big hit among Thai spenders
The government’s “Eat, Shop, Spend” campaign has been highly successful in all three phases in boosting domestic consumption, a Finance Ministry official said.Lavaron Sangsnit, director-general of the Fiscal Policy Office and Finance Ministry spokesman, said the campaign had been especially successful in boosting spending via ...
The Nation Reporter
Regional confidence in economy seen rising
Citizens’ confidence is strengthening in the Thai economy’s six-month outlook, according to a Regional Confidence Index compiled with data from 76 provincial treasury offices. The Thai Chamber of Commerce and Federation of Thai Industries announced the conclusion on Thursday (November 28).Keep reading ...
The Nation Reporter
EU paper outlines measures to boost business ties with Thailand
The European Association for Business and Commerce (EABC) on Friday (November 29) called for enhanced competitiveness, further improvement of ease of doing business, and negotiation of an EU‐Thailand Free Trade Agreement.The EABC said these factors were crucial to strengthen Thailand’s economy, support the Thailand 4.0 ...
The Nation Reporter
MoU signed with major universities to train staff for EEC businesses
Energy Absolute (EA) business group today (November 29) signed a memorandum of understanding (MoU) with ten educational institutes and Double P Land to develop human resources to serve its business expansion in the Eastern Economic Corridor (EEC).EA deputy chief executive officer Amorn Sapthaweekul said that ...
The Nation Reporter
Drought-plagued farmers march on Energy Ministry
Farmers from the People’s Council for the Sufficiency Economy Philosophy submitted a petition at the Ministry of Energy on Thursday (November 28) seeking support for solar-powered pumps and community power plants.Anurak Saenviang, Piya Pookchit and Supol Muensriprom led more than 10,300 people from various groups ...
The Nation Reporter
New measures out to boost economic growth
The Cabinet today (November 26) approved three new stimulus packages to prop up the softening economy, said Finance Minister Uttama Savanayana, adding that the measures aim to support small farmers, SMEs and property developers.Uttama expects the new measures to generate Bt80 billion to the economic ...
The Nation Reporter
