News

Thailand unveils two weapons to attract foreign investment

Thailand has unveiled the focus of its four-year strategy to attract foreign direct investment to boost its faltering economy: clean energy and incentives to offset the new Global Minimum Tax.Prime Minister Srettha Thavisin has embarked on an international roadshow since coming to power in August, ...

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

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

What Thailand’s election of a radical new government means for science

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 ...

Private sector highlights six-pronged strategy

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) wants political parties competing in the general election to pay heed to its six-pronged strategy it believes should play a vital  role in driving the economy over the next four years. The recommendations are scheduled to ...

Lamonphet Apisitniran

Thailand promotes sustainable tourism

To realise its climate commitments, Thailand is beginning to shift to a Bio-Circular-Green (BCG) economic model that balances promoting economic growth and protecting the natural environment.The government has outlined an “Environment Map” to promote the smart use of natural resources and reduce the impacts of ...

Local project aims to raise community income in Thailand

Thailand’s Commerce Ministry has launched the Local project to increase income for low-income earners by identifying and supporting local products in three categories: bio-, circular and green (BCG), innovation and identity.The initiative aims to serve consumers’ shifting concerns about the environment and health, while increasing ...

Thailand Targets $57 Billion Investment in Green, Tech Sectors

Thailand expects foreign and local companies to pump in about 2 trillion baht ($57 billion) into sectors such as electric vehicles, smart electronics and technologies to build a green and sustainable economy by 2030.The fresh investments may generate 625,000 new jobs and add 1.7 trillion ...

BoI partners with FTI to promote BCG investments

The Board of Investment (BoI) has joined hands with the Federation of Thai Industries (FTI) to push ahead with new investments in targeted industries in line with bio-, circular and green (BCG) economic development. A joint committee will be set up by the two institutions to ...

Bangkok Post Reporter

A just transition requires a major paradigm shift

Covid-19 is a disease that not only attacks individuals but Thai society. Millions of workers who make subsistence wages or already face household debt now have no income. Thailand is seeing — like much of the world — people sliding back into extreme poverty and ...

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