Economy and commerce

New business registrations up 11% in February

February saw 6,356 new private companies registered across the country, an increase of 11 percent from the same month last year, but a 9-percent drop from January, when 6,965 firms were logged.Keep reading ...

The Nation Reporter

Thailand aims to boost trade with neighbors by 15% in 2018

Thailand aims to increase trade with countries on its borders by 15% this year, to a record high of 1.5 trillion baht ($50 billion). The government is backing the drive to offset an expected slowdown in overall export growth due to appreciation of the baht ...

Apornrath Phoonphongphiphat

Three Strategies for Thailand’s Economic Transformation

Speaking at the “Thailand Taking off to New Heights” seminar organised by the Thailand Board of Investment (BOI) on March 19, Thailand’s Deputy Prime Minister Somkid Jatusripitak talked three strategies – investments in mega projects, the development of the Eastern Economic Corridor (EEC), and the ...

Priyankar Bhunia

Japan supports Thailand 4.0

As the Thai economy continues to evolve, so too is investment coming from Japan, which sees Thailand as the ideal gateway to the growing ASEAN region. Under the Thailand 4.0 plan, Thailand aims to move to a digital and knowledge-based economy driven by services, innovation, ...

Cargill welcomes Thailand 4.0, reaffirms commitment

Addressing the Thailand Board of Investment, Cargill expressed its strong support of the Thai government’s “Thailand 4.0” economic model. Cargill also affirmed its strong commitment to continue investing in the Thai economy and contributing to the development of the country’s agriculture sector.Keep reading ...

The Nation Reporter

Internal Trade Department to strictly regulate prices after wage rise

The Ministry of Commerce has instructed the Department of Internal Trade to keep a close watch on price of goods in the wake of the wage rise slated to apply from April. The move came after the government had announced a minimum wage rise of 8-22 ...

Vipaporn Pooritanasarn

Seminar on Greater Mekong Subregion discusses economic growth opportunities

The Asian Development Bank has collaborated with the Office of the National Economic and Social Development Board in holding a seminar on 25 years of Greater Mekong Subregion economic collaboration.Minister of the Prime Minister’s Office Korbsak Phutrakul delivered a keynote address on growth opportunities in ...

Bank helps connect Chinese with EEC

Singapore-based United Overseas Bank (UOB) is drumming up interest among Chinese investors to seize opportunities in the Eastern Economic Corridor (EEC) and expects more and more Chinese companies to set up in the country’s flagship economic zone.Keep reading ...

Thai-EU FTA talks to resume this year

Thai-EU free trade agreement (FTA) talks are expected to resume by the middle of this year, after the bloc late last year agreed to resume political contact “at all levels”, more than three years after suspending them to protest the 2014 military coup.After meeting with ...

Thai trade strong with ASEAN in 2017

Thailand’s Ministry of Agriculture and Cooperatives has reported Thai farm goods enjoyed a trade balance advantage in ASEAN of 200 billion baht in 2017, which should continue if the sector maintains its quality and trustworthiness this year.The Ministry of Agriculture and Cooperatives reports Thailand saw ...

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