News
China to dominate CLMV as Thailand set to lose out
China is expected to dominate the CLMV market, with Thailand estimated to lose as much as 187 billion baht by 2022 as Cambodia, Laos, Myanmar and Vietnam are inundated with Chinese goods.According to Aat Pisanwanich, director of the Center for International Trade Studies at the ...
Phusadee Arunmas
More cross-border bus services urged
The Transport Ministry has urged bus operators to set up routes across borders from Thailand to Cambodia, Laos, Myanmar and Vietnam, known as the CLMV countries, due to their highly lucrative business potential.“Expanding road networks afford bus operators more opportunities to do business,” said Chaiwat ...
Thodsapol Hongtong
Plan to construct own trains in Northeast gathers steam
The Transport Ministry is planning to set up train assembly plants in the Northeast to east Thailand’s heavy dependence on train imports in a move to slash government spending on new rolling stock 10-fold.Keep reading ...
Thodsapol Hongtong
Thailand aims to tap new export markets
The Commerce Ministry intends to turn a crisis into opportunity by tapping new markets that have emerged as a result of the escalating US-China trade war.The ministry aims to push exports to the United States through food diplomacy while also aiming to boost its food ...
Phuwit Limviphuwat
European firms wooed for creation of financial hub in EEC
Thailand plans to attract leading European financial institutions to help develop a financial centre in the country’s Eastern Economic Corridor (EEC) to forge a financial link with Cambodia, Laos, Myanmar and Vietnam (CLMV).Industry Minister Uttama Savanayana held discussions with Geoff Donald, executive director of the ...
The Nation Reporter
