News
World Bank expert foresees worse water-related disasters for Thailand
Thailand will possibly suffer more natural disasters, especially flooding, Saroj Kumar Jha, global director for the World Bank Group’s Water Global Practice, warned recently.Speaking at the “Workshop on Lower Chao Phraya River Flood Risk Management and Mitigation” last month, he highlighted the impact water-related disasters ...
The Nation Reporter
Thailand approves Eastern Economic Corridor development plan
Thailand’s Eastern Economic Corridor (EEC) Policy Committee on November 24 approved the EEC development plan for the 2023-2027 period to attract on average of 100 billion THB (2.8 billion USD) yearly.The committee also approved a scheme to offer 10-year visas for investors in targeted businesses ...
Shortage of labour in the service and construction sectors: NESDC
The National Economic and Social Development Council (NESDC) is warning of a significant shortage of labour in the service and construction sectors, with demand for workers as high as 13 million people.Labour shortages have been a major problem this year, especially in the service sector, ...
The Nation Reporter
Report unveils prospects for digital economy
A focus on high-value users, the environmental, social and governance (ESG) theme, digital inclusion and data infrastructure regulations will bring a sustainable digital economy to Thailand, according to Google.The fields of digital financial services (DFS), health, education, food and generative artificial intelligence (Al) are among ...
Bangkok Post Reporter
'Society 5.0' needs upskilling: forum
The government should invest more in developing human resources to prepare for the coming of Society 5.0, in which innovative technology and artificial intelligence (Al) will play a key role in driving the global economy, according to the chairman of Global Compact Network Thailand (GCNT).Speaking ...
Bangkok Post Reporter
Thailand steps up smart city development
Thailand is accelerating the development of smart cities, aiming to enhance the country’s digital capabilities and the quality of life for urban communities towards a sustainable future, said Thai Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai.In his opening remarks at the Thailand Smart ...
International financial analysts expect Thailand’s policy rate to be cut next year
Two international analysts have said they expect the Bank of Thailand to cut its policy interest rate next year due to a drop in the country’s inflation rate.In a statement issued on Tuesday, Standard Chartered Bank said it expected the central bank to maintain its ...
The Nation Reporter
Thai economic growth slows in the third quarter
Thailand’s gross domestic product (GDP) expanded 1.5% in the third quarter from a year earlier, the National Economic and Social Development Council (NESDC) said on November 20.This figure is lower than the 2.4% growth that economists predicted in a Reuters poll previously released and the ...
Thailand’s exports expected to contract this year, says shippers' council
The Thai National Shippers’ Council has predicted that Thailand’s exports this year would contract 1.5% year on year.Council chief Chaicharn Charoensuk said although Thailand’s exports had started to see a brighter trend, its growth would remain negative because of the contraction earlier in the year.He ...
The Nation Reporter
LGBTQ couples in Thailand to soon have equal legal rights in marriage
The Cabinet on Tuesday endorsed a bill amending the Civil and Commercial Code, so same-sex couples can marry and have the same legal protections and privileges as straight couples.Deputy government spokesman Karom Polpornklang said the amendment bill proposed by the Justice Ministry seeks to allow ...
The Nation Reporter
