The time is now ripe to boost AI development

The pursuit of artificial intelligence (AI) advantages has been getting more attention in the past few years, with a number of countries making efforts to accelerate AI investments, especially in terms of human resources and digital infrastructure. Among them, is China, where the government has ...

Bangkok Post Reporter

Pandemic steps to steer GDP outlook

Thailand’s GDP growth projection of 3.2% for this year could be downgraded by as much as four percentage points, depending on the government’s management of the latest outbreak, says the Bank of Thailand.There are three scenarios that could cause the country’s economic growth outlook to ...

Somruedi Banchongduang

Panel approves airport expansion

A panel in charge of upgrading Suvarnabhumi airport has approved a major development scheme worth nearly 60 billion baht to support the post-Covid-19 recovery of air travel demand.Transport Minister Saksayam Chidchob, the committee’s vice chairman, recently said the development project comprises the construction of three ...

Supoj Wancharoen

Tourism fee to help insure foreigners visiting the kingdom

The National Tourism Policy Committee has approved the proposed guidelines for the collection of a 300-baht tourism fee from each international visitor for the management of local tourist destinations.The money will also be used to provide insurance benefits to international tourists visiting the country.Keep reading ...

Bangkok Post Reporter

Anti-flooding plans agreed

A government committee on Thursday approved four flood prevention projects in Bangkok and a water supply project in Pattani.The projects were approved at a meeting chaired by Deputy Prime Minister Prawit Wongsuwon, said Office of National Water Resources (ONWR) secretary-general Somkiat Prajamwong.Keep reading ...

Bangkok Post Reporter

Baht stays firm, but funds inflows to determine direction

The baht opened at 30 to the US dollar on Friday, unchanged from Thursday’s closing rate. The Thai currency is likely to move between 29.90 and 30.05, said Krungthai market strategist Poon Panichpibool.On Thursday night, the S&P 500 and Nasdaq indexes fell by 0.4 and 0.1 ...

The Nation Reporter

Government looks to BCG initiatives to drive growth

The government vows to rev up promotion of the bio, circular and green (BCG) economy to help drive economic growth over the next five years.The first meeting of a management committee to drive the BCG economy chaired by Prime Minister Prayut Chan-o-cha yesterday approved a ...

Bangkok Post Reporter

A look at the vaccine situation across ASEAN

The following is a brief look at what other ASEAN countries outside of Thailand are doing to secure Covid-19 vaccines. Nine out of the ten ASEAN members are waiting to secure covid vaccines from the World Health Organization (WHO)’s COVAX Facility. The WHO announced last ...

Association of Domestic Travel upbeat on domestic tour goal

The government’s domestic tourism goal of 200 million trips this year is achievable, though it depends on state support via more stimulus plans, says the Association of Domestic Travel (ADT).Operators would like the government to flatten the infection rate curve from the hundreds daily to ...

Dusida Worrachaddejchai

Govt plans to create 1,000 SMEs in five years with revenue exceeding Bt1 billion per year

The Education Ministry will work with the Federation of Thai Industries (FTI) in setting up an innovation fund for small and medium enterprises (SMEs), with the aim of creating at least 1,000 start-up SMEs with revenue exceeding Bt1 billion per year within five years.Kittipong Promwong, ...

The Nation Reporter

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