Economy and commerce

Govt steps in to spur economy

Two key economy-related state agencies have taken drastic measures to curb the impacts from the US-China trade war as the Thai economy slows.The Finance Ministry is pressing state enterprises to inject 130 billion baht into their investment projects by the end of this year, while ...

Wichit Chantanusornsiri & Aekarach Sattaburuth

Japanese keen to press on with EEC operations

Japanese investors are calling on the government to carry out the Eastern Economic Corridor (EEC) scheme as they plan to invest and expand their operations further, says the Japanese Chamber of Commerce (JCC).Atsushi Taketani, chairman of the JCC’s economic research group, said the EEC is ...

Lamonphet Apisitniran

Jurin to launch 10-point plan to drive economic growth

Jurin Laksanawisit, the Deputy Prime Minister and Commerce Minister, has announced 10 measures to drive the country’s economic growth.The measures include an agricultural products price guarantee programme, investigations to ensure that prices of products and service price are fair, a boost in the country’s exports, ...

Somluck Srimalee

BoT sets expectations of lenders to keep down household debt

The Bank of Thailand (BoT) has revealed its new policy for loaning in order to control household over-indebtedness, which has been rapidly increasing.The BoT has set out five guidelines for banks to consider as the national overseer aims to ensure banks remain sustainable. Keep reading ...

The Nation Reporter

Three-month strategy unveiled to revive economy

The Commerce Ministry said on Monday it would speed up four policies to revive the economy over the next three months. The policies cover the income guarantee for farmers, export stimulus, cost-of-living supervision, and talks on trade accords such as the Regional Comprehensive Economic Partnership ...

Phusadee Arunmas

Economic plans to be finished in three months

In the face of the world’s volatile economic situation, Finance Minister Uttama Savanayana has ordered agencies in the care of his ministry to set out economic plans in line with national strategic plans and focus on the upgrading of the country’s competitiveness and reduction in ...

Thailand eyes new stimulus to ease trade war shock

The Thai government is considering to work on “packages of economic activities” to stimulate its slowing economy, Thailand’s new finance minister, Uttama Savanayana, told the Nikkei Asian Review in an interview in Tokyo on Wednesday.Keep reading ...

Thai-EU free trade talks set to resume after hiatus

Thailand is returning to the negotiating table for a Thai-European Union (EU) free-trade agreement (FTA) after the green light was given by the new government, according to Auramon Supthaweethum, director-general of the Trade Negotiations Department.“This follows a directive from the new Deputy Prime Minister and ...

Phusadee Arunmas

Baht speculation curbed but Thailand still open to long-term foreign investment: BOT

The Bank of Thailand (BOT)’s latest measure to manage the inflow of foreign money should not affect long-term foreign investment in the country, BOT director of economic analysis Pornpen Sodsrichai said on Thursday.Keep reading ...

The Nation Reporter

DEPA proposes tax cut for Digital-Aided Investments

The Digital Economic Promotion Agency  will propose an extension of the 200% tax cut policy for entrepreneurs who invested in software technology and will increase the maximum sum for a tax exemption to 200,000 baht.Keep watching ...

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