Economy and commerce

With a budget of Bt1.28 billion, the Ministry of Industry’s Department of Industrial Promotion (DIP) aims to generate a business value of Bt13 billion in 2019 through bringing traditional small and medium-sized enterprises (SMEs) onto e-commerce platforms and boosting the country’s startup ecosystem through Thailand ...

Thailand in late March held its first elections since 2014. Whatever its shortcomings, the vote ensured that elected representatives in parliament have some measure of accountability and provided a legitimate outlet for dissent. Keep reading ...

Thai exporters are expected to pay a heavy price as the ramping up of the US-China trade war continues.The US has now launched a new round of tariffs on Chinese imports. Last Friday US President Donald Trump tweeted: “Talks with China continue in a very ...

Political sector remains pivotal to investment climate, prompting the Federation of Thai Capital Market Organizations to suggest that investors diversify their portfolio in such volatile situation. However, the federation is confident that the stock index would hit a record high at 1800 this year.Keep reading ...

Thai workers have shouldered ever-higher household debt in the past 10 years as their incomes have not been adequate to meet their expenses, according to a survey.Thai workers’ household debt averaged Bt91,064 per household in 2010 and jumped 6 per cent per year to Bt158,856 ...

To promote Thai investment abroad, all sectors must help one another boost competitiveness. However, it is necessary to invest in what that country needs, which will help strengthen the Thai business sector.Keep watching ...

The World Bank is downgrading Thailand’s growth projections to 3.8% from 3.9% for 2019. This compares to last year’s 4.1% GDP. The Bank says that export growth has shrunk to 5.7% from last year’s 5.9%.The World Bank’s senior economist for Thailand, Mr. Kiatpong Ariyapratya, says ...

Thailand suffers calamities at both ends of the annual weather spectrum – both drought and flood. But as the demands on agriculture grow, with a growing population and the rise of tourists and development, the effects of these two extremes are becoming more apparent.Keep reading ...

Governments across Southeast Asia are pushing ahead with efforts to create cashless economies, with less developed countries such as Vietnam and Thailand leapfrogging richer ones like Singapore and Malaysia in electronic payments.Keep reading ...

Credit inquiries at the National Credit Bureau (NCB) are expected to hit another record high this year amid mounting anxiety over swelling household debt. The number of credit inquiries for existing borrowers is estimated to reach 60 million this year after 12.6 million were made ...