Economy and commerce
Spreading Drought Adds to Risks for Thailand’s Cooling Economy
A spreading drought has emerged as a new risk for Thailand’s cooling economy in addition to domestic political tension and slower exports.The country’s hot and dry season is more acute than expected amid a possible El-Nino weather event, leaving just over a quarter of top ...
Risky loans by cooperatives a concern
The National Credit Bureau (NCB) has voiced concerns about the asset quality of loans extended by savings cooperatives, particularly for lengthy loans, and about the high debt-service ratio (DSR) of borrowers.Keep reading ...
Somruedi Banchongduang
Asean mulls paths to integration
Customs cooperation and robust financial infrastructure remain the top challenges for Asean in its bid to deepen economic integration and redistribute economic wellbeing. Asean finance ministers and central bank governors concluded a two-day meeting in Chiang Rai on Friday. One of the major goals for ...
Wichit Chaitrong
A pause for politics
The first quarter of 2019 is ending with modestly bullish performances led by Chinese equities (up 5.53%), with slower growth in developed markets including the US (1.79%) and EU (1.69%). The main factor supporting risky assets in recent months has been improving prospects for US-China ...
Sluggish exports a worry
The global economic slowdown, the prolonged US-China trade war, lack of clarity on Britain’s exit from the EU and trade sanctions from other countries have led to Thai exports failing to achieve their target in the first quarter of the year, the Thai National Shippers’ ...
The Nation Reporter
700 SMEs sign up for single account scheme
Some 700 small and medium-sized enterprises (SMEs) signed up for the single financial account scheme as of yesterday to obtain the exemption from penalties for increased tax liability, says the Revenue Department.Keep reading ...
Wichit Chantanusornsiri
E-commerce rivalry intensifies
Competition is ramping up in Thailand’s nascent e-commerce industry, with larger players fighting to attract lucrative brand deals and local partnerships. “Thailand’s e-commerce segment will continue to have intense competition for at least another five years, reducing the number of major players from 3-4 to ...
Suchit Leesa-Nguansuk
Border trade grows in first two months
Thai border trade grew 0.92 percent to 219 billion baht in the first two months of 2019, according to the Ministry of Commerce.Keep watching ...
Post-election clarity lures foreigners
Foreign funds are projected to return to Thailand’s stock market after the election brings more clarity to domestic politics, says Asia Plus Securities (ASP). Keep reading ...
Nuntawun Polkuamdee
Attracting more investors to Thailand
Thailand’s Eastern Economic Corridor (EEC) is slated to become an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region. Stretching a total area of 13,000 square kilometres – encompassing the eastern provinces of Rayong, ...
