Economy and commerce

With the circular economy model moving from buzz to business and trade strategy, the Commerce Ministry has pledged to beef up promotion and campaigns for the circular economy to reduce waste and increase value-added production.Keep reading ...

The Federation of Thai Industries (FTI) has joined hands with private companies with the expertise in digital technology to mentor SMEs on digitization, in order to better prepare themselves for the Fourth Industrial Revolution (Industry 4.0) and to enhance their competitiveness.Keep watching ...

The economic cabinet has decided to inject another 316 billion baht into the economy through a new stimulus package and remains optimistic that economic growth will be more than 3% this year despite the sluggish global outlook.Keep reading ...

The economic cabinet has set up a steering committee to push forward progress in seven economic areas and two reform areas after the impact of the economic slump turned out to be more serious than expected.Keep reading. ...

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday submitted a white paper proposing the government tackle six issues, including the revival of the Joint Public-Private Consultative Committee (JPPCC) and the acceleration of the flagship Eastern Economic Corridor (EEC).Keep reading ...

The Industry Ministry is being urged to speed up invitations to US companies for future investment in Thailand to benefit from rising trade between Southeast Asia and the US under the Free and Open Indo-Pacific Strategy, says Deputy Prime Minister Somkid Jatusripitak.Keep reading ...

The government has developed urgent policies to cope with the volatility of the global economy especially the impact of the trade war between China and the United States. The Thai Chamber of Commerce (TCC) is ready to work closely with the Ministry of Commerce to ...

The Digital Economy Promotion Agency (Depa) plans to offer a 200% tax deduction for the purchase of smart devices, digital services, robotics and Internet of Things (IoT) devices by small and medium-sized enterprises (SMEs), in addition to software, starting next year.Keep reading ...

The Industry Ministry said that it will work with the Federation of Thai Industries (FTI) to boost the economy in the industrial sector.Keep watching ...

The Bank of Thailand has reported that data from commercial banks in the second quarter has revealed a spike in overdue debts, and that SME loans are on the rise and have the potential of becoming non-performing loans (NPLs).Tharit Panpiamrat, senior vice president of the ...