Economy and commerce

The new government will be asked to extend the Board of Investment’s promotional investment packages for the flagship Eastern Economic Corridor (EEC) scheme for another year.Kanit Sangsubhan, secretary-general of the EEC Office, said the office will submit a proposal to extend the privilege packages, which ...

Trying to find a few good numbers amid the bad we thought we’d look forward three years to some of the world’s major currencies and their projected performance against the Thai Baht. Of course, these are just predictions, according to longforecast.comKeep reading ...

Capital market regulators and the Investment Analysts Association (IAA) are working together to produce securities research to enhance investment information, aiming to cover about 100 fundamental securities for small and mid-sized listed companies within three years.Keep reading ...

The Bank of Thailand (BOT) is expected to maintain its policy interest rate at 1.75 per cent until at least the end of 2019, according to TMB Analytics.The next meeting of the country’s Monetary Policy Committee will be on June 26, 2019.  Many central banks ...

The Cabinet yesterday decided to set aside a budget of US$200 million (Bt6.4 billion) as contribution for the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) fund within five years.Keep reading ...

Thailand’s 5-rank rise in the 2019 IMD World Competitiveness Rankings, released in late May, reflects the business friendly environment and the dynamism of the economy which are the key factors attracting foreign direct investment (FDI) to the country, according to Thailand Board of Investment (BOI).Keep ...

Thailand is ready to resume negotiations for a free-trade agreement (FTA) with the European Union (EU) once the new government is established, as officials seek to offset the decline in global trade, according to a leading trade official.Keep reading ...

The private sector says they’re waiting to see the new ministers emerge from the current negotiations that will be in charge of economic portfolios, who may raise the confidence of investors. Meanwhile, the Consumer Confidence Index was at 77.7 in for the month of May, ...

The Thai economy is projected to grow 3.8% in 2019, slightly below last year’s 4.2%. The main reason is slower growth in the global economy. thailand-business-news.com reports that this is likely to lead to a deceleration in Thai exports and tourism, which will impact domestic ...

Some 60% of banks in Asia-Pacific do not have full digital account-opening services for new customers, despite recent reports that nine in 10 financial institutions in the region say they are ready to embark on a “digital transformation”, according to a survey by the credit ...