Economic policy and administration

The Finance Ministry plans to prioritise strengthening the rural economy and accelerate infrastructure investments in 2020 as a means to cushion against external headwinds.The Finance Ministry will use state-owned banks, including Krungthai Bank (KTB), Government Savings Bank, GH Bank and the Small and Medium Enterprise ...

In its latest campaign to encourage more spending and boost tourism Bangkok’s government is launching a series of walking streets today before the Thai government spreads the walking street ‘boost’ to other provinces. Silom and Yaowarat roads are becoming pedestrian walkways today and other provinces ...

The Cabinet today (November 26) approved three new stimulus packages to prop up the softening economy, said Finance Minister Uttama Savanayana, adding that the measures aim to support small farmers, SMEs and property developers.Uttama expects the new measures to generate Bt80 billion to the economic ...

The Finance Ministry will on Tuesday (November 26) submit to the Cabinet its latest economic package to boost the economy, Minister Uttama Savanayana said.The new package follows the scheme on consumption and tourism, known as “Eat, Shop, Spend”, which the government has been implementing.Uttama’s announcement ...

After instructing the economic ministers, who are from various political parties, to engage in conversations with each other more regularly, the Prime Minister, Gen. Prayut Chan-o-cha, reminded them to work within the government framework and to deliver policies to alleviate people’s hardships.Keep reading ...

Deputy Prime Minister Somkid Jatusripitak’s top concerns for next year are exports and confidence amid global economic uncertainties.“We are unsure what next year will hold, so we need to strengthen ourselves,” he said.Boosting economic momentum is a key issue this year, so the government needs ...

The announcement by the Transport Ministry to legalise ride-hailing services by March 2020 comes in good time. The Internet economy has, for the first time, crossed the $100-billion (Bt3.03 trillion) mark, according to a report by Google, Temasek and Bain & Company.The government is taking ...

Commerce Minister Jurin Laksanawisit said on Monday (October 7) that the Cabinet has approved a proposal for cross-border economic ties under the Mekong-Lancang cooperation framework.The director-general of the Department of Trade Negotiation has also been given the job of visiting Laos on October 8 to ...

Commerce Minister Jurin Laksanawisit said his ministry will be coordinating between businesses in Thailand and Myanmar to strengthen border trade and boost bilateral ties.Myanmar and Thailand also signed a memorandum of understanding (MoU) ton October 1 to boost the transfer of goods across the second ...

Asean Economic Ministers on Friday gave the nod to four bills pertaining to future development of the region and also acknowledged progress of the Asean Economic Community Blueprint 2025, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said.Keep reading ...