Economy and commerce

More Chinese manufacturers are looking to Thailand as a production base to avoid US tariffs, based on trends in demand for industrial estates.WHA Corp, the top Thai provider of such estates, said it expects Chinese companies to account for as much as half of its ...

Thai exports dropped 4 per cent in August, representing a loss of US$21.9 billion, largely as a result of imports being front-loaded to avoid US tariffs coming into effect on September 1, the Commerce Ministry reported on Friday.Keep reading ...

As multilateral trade negotiations have become unworkable, regional and bilateral alternatives are on the rise. In Thailand’s neighbourhood, the most consequential of these trade vehicles is the Regional Comprehensive Economic Partnership (RCEP). Keep reading ...

Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings.Keep reading ...

The area of the CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) is being urged to upgrade to become a new global value chain to accommodate the new economy and offset the world’s economic uncertainties.Keep reading ...

The trade war between the United States and China and the appreciation of the baht against other currencies have started to impact large corporates, say bankers.Although large corporates are resilient to any impact and their ability to repay debt remained sound compared with small and ...

Deputy Prime Minister Somkid Jatusripitak is wooing the EU to revive talks on a Thai-EU free trade agreement after the next round of talks in October.He has also asked the EU to help convince Airbus to invest in an aircraft repair centre in Thailand’s Eastern ...

Currently, the two most pressing economic issues in Thailand are the appreciation of the baht and the high level of household debt.While most people understand the negative effects of the rising baht on exports and tourism, few can visualise the adverse consequences of high household ...

Rachada Dhnadirek, deputy government spokesperson, said the Cabinet has approved the setting up of a National Digital Trade Platform and has assigned the Office of the Public Sector Development Commission (OPDC) to work with related agencies and the Joint Standing Committee of Commerce, Industry and ...

Among the key measures included in “Thailand Plus Package”, a new package drawn up to attract foreign investment, is the easing of procedure for foreign investors in applying for visa and work permit.Keep reading ...