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Rising household debt is a “time bomb” awaiting Thailand’s new government, and the problem will likely be more apparent when the ongoing economic recovery loses momentum, an official said.“It’s like a ticking time bomb that can explode later,” Danucha Pichayanan, secretary-general of the National Economic ...

Thailand’s Producer Price Index (PPI) declined year on year for the second consecutive month in keeping with the global trend this year.Poonpong Naiyanapakorn, the director-general of the Trade Policy and Strategy Office (TPSO), said on Monday that the global PPI showed a clear downward trend ...

The majority of voters are happy with the results of the May 14 general election and will make the same choices if given a second chance, a recent survey shows.The National Institute of Development Administration (Nida) poll covered 1,310 people aged 18 and above across ...

The need for a common indicator to track air quality in South-east Asia has become more urgent, with drier weather conditions and the likelihood of the warmer El Nino weather phenomenon developing in the coming months.This call from experts comes as Singapore is set to ...

Almost 10 million foreign tourists have visited Thailand this year, generating 391 billion baht in revenue, deputy government spokesperson Traisulee Traisoranakul said on Saturday.Tourist arrivals between January 1 and May 15 totalled 9.47 million, Traisulee said. Most were from East, South, and Southeast, she added.The ...

The Commerce Ministry pledges to handle agricultural production and price management, especially for cassava and palm oil, as the income guarantee scheme for these crops was not extended, awaiting the new government’s policy. Udom Srisomsong, deputy director-general of the Internal Trade Department, said the agency has ...

Thailand is actively promoting its pioneering role in the regional energy transition in the context of a strong energy transition wave emerging globally.Speaking at the opening ceremony of the Future Energy Asia and Future Mobility Asia Summit on May 17, Veerapat Kiatfuengfoo, Deputy Permanent Secretary ...

Thai voters backed radical reform at last Sunday’s general election, handing victory to the Move Forward Party, a youth-oriented party advocating for wholesale changes to the nation’s bureaucracy, economy, military and monarchy. The election result comes as the country is pursuing plans to move from a ...

Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy. The influx of visitors — totalling 6.5 million in the first quarter of 2023 ...

Thailand wants to conclude free-trade agreement (FTA) talks with the European Free Trade Association (Efta), Sri Lanka and the United Arab Emirates (UAE) by the middle of next year to improve trade and investment. The Thai-Sri Lankan FTA is of particular interest in terms of location, ...