Economy and commerce
Commerce Ministry sets 4 clear strategies to boost export market
The Commerce Ministry has come up with four strategies to boost export next year, including plans to expand existing major markets, namely the US, European Union, Japan, China and Asean.Somdej Susomboon, acting director-general of the Commerce Ministry’s Department of International Trade Promotion, said the second ...
The Nation Reporter
Analyst: Government's stimulus measures boost economic growth by 3%
An analyst has indicated that the government’s ‘taste, shop, spend’ campaign boosted domestic spending, amid the ongoing trade war between the U.S. and China and the local flood disaster.Keep watching ...
Thai labourers face uncertainty over cost of production
The slowdown in global economy has dampened growth of the support industries in Thailand in its role as a part-producer for foreign investors, with all finished items shipped out to target countries or the parent companies. When investing companies add value to their products and ...
The Nation Reporter
World Bank slashes Thailand’s GDP from 3.5 to 2.7 per cent
The World Bank has reduced its forecast for Thailand’s economic expansion in 2019 from 3.5 to 2.7 per cent, while 2020 speculation was also brought down to 2.9 per cent from the earlier figure of 3.9 per cent.The World Bank had predicted in April that ...
The Nation Reporter
Lack of critical thinking makes Thailand's competitiveness ranking slip
Thailand could improve its competitiveness among nations by tackling its weakest points – a lack of critical thinking in teaching, failure to dominate any markets, and unsafe drinking water, according to Switzerland-based World Economic Forum.Keep reading ...
Wichit Chaitrong
Regional growth slows under trade tensions and global uncertainties: World Bank
Growth in developing East Asian and Pacific economies is expected to slow from 6.3 per cent in 2018 to 5.8 per cent in 2019 and then to 5.7 and 5.6 per cent in 2020 and 2021, respectively, according to a World Bank news release on ...
The Nation Reporter
Consumer confidence continues decline
The Consumer Confidence Index fell again in September for the seventh consecutive month despite the introduction of economic stimulus measures, the director of the University of the Thai Chamber of Commerce’s Centre for Economic and Business Forecasting said on Thursday (October 10).Keep reading ...
The Nation Reporter
Push to boost cross-border economic ties with Mekong-Lancang countries
Commerce Minister Jurin Laksanawisit said on Monday (October 7) that the Cabinet has approved a proposal for cross-border economic ties under the Mekong-Lancang cooperation framework.The director-general of the Department of Trade Negotiation has also been given the job of visiting Laos on October 8 to ...
The Nation Reporter
Asean 'confident' RCEP done by year's end
Asean Secretary-General Lim Jock Hoi on Sunday expressed his confidence that the long-awaited Regional Comprehensive Economic Partnership (RCEP) will be completed in principle before Thailand’s chairmanship ends at the end of this year.Keep reading ...
Thana Boonlert
Adopt economies of intelligence or fall behind, Thai industry warned
Thailand’s manufacturing sector will lag behind unless it takes steps to embrace the emerging economies of intelligence for which data and the capacity to synthesize contents are key success factors.According to Robert Parker, a senior executive of IDC, a global provider of market intelligence and ...
Nophakhun Limsamarnphun
