The Nation
Thai rice price surges amidst drought concerns
The world has been witnessing increases in the price of rice following drought concerns and India’s export ban, but it is Thailand’s rice that has seen the sharpest rise, according to the Food and Agriculture Organisation (FAO) of the United Nations.In its monthly rice update ...
The Nation Reporter
Banks urged to act fast on scam claims
Banks must stop illegal transactions upon request by their clients to prevent customer losses from online scams, said Minister of Digital Economy and Society (DES) Chaiwut Thanakamanusorn. The Royal Decree on Cyber Crime Prevention and Suppression that came into effect on March 17 empowers banks to ...
The Nation Reporter
Over 80% of Thai state agencies pass 'integrity and transparency' test
Slightly more than 80% of Thai state agencies have passed the Integrity and Transparency Assessment (ITA) test conducted by the national anti-graft agency.A total of 6,737 out of the 8,323 agencies managed to get the minimum passing ITA score of 85, National Anti-Corruption Commission (NACC) ...
The Nation Reporter
BOI to propose ‘Thailand’s Next Step’ plan to new government
The Board of Investment of Thailand (BOI) is preparing a plan to propose to the new government that aims to attract investors by focusing on creating an ecosystem and enhancing ease of doing business in five target industries.The plan, dubbed “Thailand’s Next Step” will prioritise ...
The Nation Reporter
BOT reduces GDP growth estimate slightly in view of export slump
The Bank of Thailand (BOT) is reducing its estimation of GDP growth to 3.5% from 3.6% due to the country’s stagnant export sector and global economic slowdown.BOT governor Sethaput Suthiwartnarueput was speaking about Thailand’s economic trends on Monday at the bank’s annual seminar titled “Next ...
The Nation Reporter
Credit card spending up 20% in second quarter
Credit card spending in Thailand during the second quarter of this year increased by more than 20% and is expected to continue throughout the year, with an increase of no less than 20% for the whole of 2023.According to Thakorn Piyapan, President of TMBThanachart Bank, ...
The Nation Reporter
Managing reservoirs and irrigation systems critical for stable food supplies
Effective water management is vital to ensure Thailand’s food security and mitigate the impact of El Nino, according to the Thailand Development Research Institute.Narit Pisalyabutr, a senior academic at the institute, said the effects of the El Nino weather phenomenon are expected to last for ...
The Nation Reporter
Excise Dept promotes ESG issues to achieve sustainable development
The Excise Department advises business operators to turn crises into opportunities, transforming businesses towards sustainability.The department is promoting sustainable business practices by offering tax incentives for businesses that prioritise environmental concerns.Excise Department Director General Ekniti Nitithanprapas, said environmental, social, and governance (ESG) issues are a ...
The Nation Reporter
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
