The Nation
New plan to deal with climate change to be launched this year
The Office of Agricultural Economics (OAE) has finished drafting a new operations plan to cope with climate change, the OAE chief said this week.Chantanon Wannakhejorn, secretary-general of the OAE, which is under the Agriculture Ministry, said the OAE has worked with both state and private ...
The Nation Reporter
Thailand-Pacific Alliance FTA benefits GDP and trade
The Free Trade Agreement (FTA) with the Pacific Alliance (PA) has raised Thailand’s gross domestic product (GDP) by 0.04% and boosted trade by 16.75%, benefiting various Thai exports.That 0.04% increase is worth about US$200 million, according to Auramon Supthaweethum, director-general of the Department of Trade ...
The Nation Reporter
China's economic woes threaten struggling Thai exports: Arkhom
China’s economic downturn is likely to impact already struggling Thai exports and the anticipated influx of foreign visitors this year, Finance Minister Arkhom Termpittayapaisith said on Tuesday.China’s economy is expanding more slowly than many agencies had predicted, Arkhom noted. He added that despite the Fiscal ...
The Nation Reporter
Management of oil and fuel vital to energy development
The Department of Energy Business will urge the new government to concentrate on the management of oil and fuel, one of the five plans integrated into the National Energy Plan.According to Nantika Thangsuphanich, the department’s director general, the department is preparing to propose an Oil ...
The Nation Reporter
NESDC cuts 2023 Thai GDP to 2.5-3%
The National Economic and Social Development Council (NESDC) has revised downwards Thailand’s gross domestic product (GDP) for this year to between 2.5% and 3%, following a second-quarter expansion of just 1.8%.The decrease in growth is attributed to a 5.6% decline in exports in the last ...
The Nation Reporter
Commerce Ministry preparing to promote BCG products globally
Thai producers adopting the Bio-Circular-Green (BCG) economic model are eyeing the international market following the success of BCG-branded products at home, and the Commerce Ministry is assisting by identifying new products and promoting them.With consumer trends prioritising environmentally-friendly and sustainable products, Thai BCG products – ...
The Nation Reporter
Revenue Dept pockets over 5 billion baht from e-service providers
The Revenue Department of Thailand has reported the successful collection of over 5.01 billion baht in tax revenue from foreign platforms and e-service providers. This reflects a growth of 3.2% compared to last year.The revenue was amassed over the first nine months of the current ...
The Nation Reporter
BOI to support Thailand’s efforts to become a bioplastics hub
The Board of Investment (BOI) is supporting efforts to turn Thailand into a hub for the global bioplastics industry, which is driving the green economy.Over the past five years, BOI has promoted investments of more than 37 billion baht in the bioplastics sector, spanning from ...
The Nation Reporter
2 satellites under Thailand’s Theos-2 project ready to take off
Thailand is expected to launch two satellites under the Theos-2 project later this year, a government spokesperson said.The satellites, co-developed by British experts and a team of engineers from Thailand’s Geo-Informatics and Space Technology Development Agency, include the “Theos-2” main satellite for recording images and ...
The Nation Reporter
Thai consumer confidence index falls in July for the first time in 14 months
The delay in government formation, the rising cost of living and conditions of recession in the global economy have resulted in Thailand’s Consumer Confidence Index (CCI) in July dropping for the first time in 14 months.The CCI in July fell to 55.6, from 56.7 in ...
The Nation Reporter
