Economy and commerce
Government downplays fears on economy
The government has moved to ally fears about the state of the economy, insisting the country is not in recession.Government spokeswoman Narumon Pinyosinwat said some critics are relaying inaccurate descriptions of the state of the economy.Keep reading ...
Bangkok Post Reporter
Prayut urges speedy RCEP deal
Prime Minister Prayut Chan-o-cha declared on Friday that Asean and six dialogue partners should wrap up talks on the long-overdue Regional Comprehensive Economic Partnership (RCEP) by this November.Keep reading ...
Phusadee Arunmas
Asean economic ministers approve 4 bills on future development
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 ...
The Nation Reporter
Thailand fares badly in business digitalisation: UNCTAD
Singapore and South Korea top the charts when it comes to companies receiving orders online, the Digital Economy Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD) shows.According to the report launched a few days ago, more than 60 percent of ...
Wichit Chaitrong
Committee calls for action against strong baht to improve economic performance
The office of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is concerned by the performance of the Thai economy in the second half of 2019. The office fears that the lack of stimulating factors and an ever-stronger baht may lead to lower ...
The Nation Reporter
The less-cash economy
Even though cash remains the preferred mode of payment in Thailand, its share is on a gradual decline in light of efforts by the government to promote electronic payments under its National e-Payment Master Plan, according to a report by the data and analytics company ...
Bangkok Post Reporter
Household debts rise, as consumers default on loans: NESDC
In the first quarter of this year, household debt nationwide stood at Bt13 trillion, rising by 6.3 percent and accounting for 78.7 per cent of the total GDP – the highest since the first quarter of 2017, the latest report on Thailand’s Social Situation and ...
The Nation Reporter
BoI relocation package capitalises on trade spat
The Board of Investment (BoI) looks set to propose to the economic cabinet at its meeting on Friday a relocation package for foreign investors wishing to shift from China to Thailand.The package will focus largely on headquarters, research centres, talent and high technology industry, said ...
Chatrudee Theparat
New fund replacing LTFs starts to take shape
The Finance Ministry has agreed to launch a new tax-saving fund to replace long-term equity funds (LTFs), for which the tax incentive is due to expire at the end of this year.The initial details of the new fund bear resemblance to the Sustainable Equity Fund ...
Wichit Chantanusornsiri
Officials boost trade events
The Commerce Ministry is ramping up business matching activity and trade fairs for potential growth products in cosmetics, healthcare and education in an effort to increase shipments.Keep reading ...
Phusadee Arunmas
