News
Expediting infrastructure development 'key to securing investments'
The Federation of Thai Capital Market Organisations (Fetco) has urged the next government to expedite infrastructure development in the Eastern Economic Corridor (EEC) in order to boost investor confidence.This includes revitalising the Ranong Port project and opening a trade route to India to position Thailand ...
The Nation Reporter
Thailand will become 'super aged' society by 2036, predicts Dept of Health
Up to 30% of Thailand’s population is expected to cross the “elderly” barrier by 2036, placing it on the list of “super-aged societies”, the Department of Health said.Suwannachai Wattanayingcharoenchai, the department’s director general, made the announcement to mark World Population Day on Tuesday.The United Nations ...
The Nation Reporter
Govt eyes economic boost from health and wellness tourism
The government is promoting health tourism and related products and services in a new campaign to get overseas visitors to spend at least 18 million baht by this September. The “Discover the New You!” campaign is backed by the Tourism Authority of Thailand (TAT) and more ...
Bangkok Post Reporter
Thailand's household debt swells amid policy stagnation concerns
It has been nearly two months since Thai voters crowned a newish, pro-democratic Move Forward Party the winner in the May 14 general election. While Thailand awaits the formation of a new government, its long-standing headache of excessive household debt continues to worsen, making the ...
Thailand to see less rainfall into next year due to El Nino
The Thai Meteorological Department (TMD) has warned that Thailand could experience dry conditions due to the El Nino phenomenon until early next year.TMD Director-General Chomparee Chompurat said rainfall in all regions of Thailand has been below average despite the rainy season beginning more than a ...
Education is the first step towards sustainable water management, seminar told
Thailand’s small and medium-sized enterprises can start working towards sustainable water management by learning about it, a senior sustainability officer at Indorama Ventures, a chemical manufacturing company, told a World Bank seminar last month.Chief sustainability officer Anthony Watanabe, a panelist at the seminar on flood ...
The Nation Reporter
How prolonged El Niño will affect Thai agricultural, aquatic, and fruit exports
A prolonged El Niño lasting into mid-2024 is expected to impact agricultural, aquatic, and fruit products, resulting in reduced exports from Thailand.On Tuesday, the United Nations announced the arrival of El Niño, which is characterised by increased heat worldwide and drought conditions in some areas. ...
The Nation Reporter
Thai economy to remain sluggish, research body says
According to Kiatnakin Phatra Financial Group’s KKP Research group, the Thai economy will remain sluggish for the foreseeable future despite the recovery of the tourism sector,Most securities research firms had earlier expressed the belief that the Thai economy would recover based on the following three ...
The Nation Reporter
Banks wary of BOT's proposed debt relief criteria
The Bank of Thailand (BOT) is poised to issue three guidelines to reduce household debt – which rose to 16 trillion baht or 90.6% of GDP in the first quarter, from 86.3% last year.The central bank said it will propose guidelines on responsible lending, risk-based ...
The Nation Reporter
BoI urges Thai startups to innovate
The Board of Investment (BoI) has joined hands with the National Innovation Agency to encourage local startups to come up with new business ideas as part of efforts to promote more investments in the country. The collaboration aims to facilitate startups and entrepreneurs who want to ...
Bangkok Post Reporter