Economy and commerce
IMF warns trade friction to hurt Asian growth
Sustained trade tensions could slash Asia’s economic growth by up to 0.9 percentage points in coming years, the International Monetary Fund said, urging policymakers in the region to liberalise markets to offset the fall in export sales.Keep reading ...
New funds to replace LTFs at end of 2019
New type of funds will be set up to replace the long term equity fund (LTF) which will end next year, in a move to boost long-term investment in the Thai bourse, said Federation of Thai Capital Market Organisations (Fetco).Keep reading ...
Cabinet backs draft law on financial services
The cabinet yesterday (Oct 10) approved a draft law from the Finance Ministry that governs financial service providers as officials seek to deal with an increasingly diverse landscape for financial services. This is especially so for those services that have yet to be regulated by ...
The Nation Reporter
Investors and analysts both rosy on the Thai economy
Political clarity and continued economic expansion have bolstered investor sentiment to its highest level in seven months and prompted analysts to forecast the Thai stock market hitting 1,826 points by year’s end. Keep reading ...
Itiporn Lakarnchua
Abe pledges to promote free trade with Thailand, offers legal and political assistance to Cambodia
Prime Minister Shinzo Abe and his Thai counterpart Prayuth Chan-ocha on Monday (Oct 8) confirmed their cooperation in promoting free trade, with the Southeast Asian country expressing its readiness to join the 11-nation Trans-Pacific Partnership that Japan has helped spearhead.Keep reading ...
The world in 2030: China to the fore
China will be the world’s largest economy in 2030, overtaking the US, while India – currently the seventh biggest – will be third, pushing Germany and Japan down a position.We have looked at 75 economies in developing, emerging and frontier markets to make long-term projections ...
EEC Office and Jetro sign aid deal
Thailand and Japan have come to an agreement to aid Japanese companies looking to invest in the government’s flagship Eastern Economic Corridor (EEC) scheme.Industry Minister Uttama Savanayana yesterday (Oct 5) witnessed the signing ceremony of a memorandum of intent between the EEC Office and the ...
Lamonphet Apisitniran
Banking on investments
As we pointed out in our previous article on Sept 5, we are probably at a late stage of the current economic cycle, but nowhere near the end of it. Gross domestic product growth, both global and domestic, has been creeping up at slightly above ...
Pornthep Jubandhu
Thai–Vietnam trade expected to reach $20 bn by 2020
The target for bilateral trade between Thailand and Vietnam has been set at US$20 billion by 2020, said Thai-Vietnam Business Council’s president Sanan Angubolkul during an interview with The Nation yesterday (Sep 27).Keep reading ...
Phuwit Limviphuwat
TRADE WAR: Supachai seeks focus on SMEs amid uncertainties
Thailand, as an export-dependent economy, needs to adjust its strategic policies and support small and medium enterprises against uncertainties and the threat of global capital outflows, experts warned Wednesday. Thailand should be concerned about trends in global trade, as they greatly affect the Thai economy ...
Phuwit Limviphuwat