Economy and commerce

As chair of Asean this year, Thailand is set to host the first senior economic official meeting (Seom) during Jan 12-18 in Bangkok, highlighting 12 key economic issues as top priorities. Auramon Supthaweethum, director-general of Trade Negotiations Department, said the issues for the first Seom ...

As Asian countries face a future of ever-more waste being generated, they are considering a shift to the “circular economy” to drive sustainable growth for their nation.Support for a shift to a circular economy has been growing since the World Economic Forum (WEF) undertook a ...

With an uncertain economic future in 2019, business leaders must prepare to face disruption. A general election, a trade war between the world’s largest economic powers, and the spectre of a new global recession could greatly affect several industries. Telecoms must begin laying the infrastructure ...

The US-China trade war and a preference for Thai brands among Chinese buyers have created an opportunity for medium-sized and large firms in Thailand, says the Thailand e-Business Center (TeC). Keep reading ...

Amid an escalating trade war marked by tariffs and counter-tariffs on exports, the United States and China are in the midst of a 90-day ceasefire to allow both sides to negotiate.  As a leading Asean economy, Thailand faces both challenges and opportunities from the trade ...

The Board of Investment (BoI) has laid out a plan to attract aerospace investment at U-tapao airport in 2019 as part of the government’s Eastern Economic Corridor (EEC) development. The first phase develops 6,500 rai for the airport and an aviation hub, which includes a ...

Thailand’s Economic Research Center at the Government Savings Bank has revealed that low-income earners are tending towards frugal behavior, as overall spending dropped compared to last year.The survey sampled 2,150 people nationwide with incomes under 15,000 baht per month. Overall, spending among this demographic during ...

The cabinet on Tuesday (Dec, 25) approved a draft bill for the air navigation law, allowing foreign investors who win Board of Investment (BoI) promotional privileges to own up to 100% of shares. Three categories — aircraft manufacturing, aircraft parts manufacturing, and maintenance, repair and ...

More than anything else in 2019, citizens want the government to improve the economy, according to a recent survey by the National Institute of Development Administration (NIDA) released on Friday (Dec, 28).Keep reading ...

After nearly five years of painstakingly building up diplomatic and economic resilience under military rule, Thailand is embarking on an important mission as the chair of Asean throughout 2019. The stakes are extremely high, judging from the economic agenda set forth by the government. Keep ...