Economy and commerce

61% of Thai economy to be ‘digitalised’ by 2022: IDC

IDC on Monday unveiled its top predictions for Thailand’s information-technology industry for this year and beyond, predicting that by 2022 more than 61 per cent of the country’s gross domestic product will be digitalised.Keep reading ...

The Nation Reporter

Board of Investment gives the nod to five projects worth Bt40 bn

The Board of Investment (BoI) yesterday approved five investment projects worth a total of Bt40.462 billion during a meeting chaired by Prime Minister Prayut Chan-o-cha.The highest investment proposal comes from a Chinese investor, Ju Xunning, who plans to invest Bt10.061 billion to establish a car ...

Phuwit Limviphuwat

EEC: The Business Opportunity You Shouldn’t Miss in 2019

Since late 2018, we have already seen signs of global economic slowdown. Financial markets have been fluctuating. Among the factors are the downshifting of the US economy which led to weakened US dollar. The prolonged US-China trade war has troubled Thai exports for quite sometime. ...

Adding value is key to moving Thailand to next

Adding value to Thai products by increasing the connectivity between the agriculture, manufacturing and tourism industries is key to achieving economic growth in 2019 and beyond, said deputy prime minister Somkid Jatusripitak during a meeting yesterday with the National Economic and Social Development Council (NESDC).Keep ...

Phuwit Limviphuwat

No quick gains seen from chairing Asean

While the Thai government has a list of up to 12 economic deliverables as it chairs Asean this year, business leaders are not sure its work this year will benefit the private sector in the near future.Keep reading ...

Phuwit Limviphuwat

Foreign investors upbeat over Thailand's prospects

Foreign investors are still confident about Thai economic prospects, but fret over the connectivity between the current government’s flagship Eastern Economic Corridor (EEC) and related infrastructure developments, anti-corruption policy and the direction of free trade agreements (FTAs). Keep reading ...

Phusadee Arunmas

Finance department will be very different in a digital world

From applications in mobile phones, to home automation, to cashless society and beyond, digital is now the new norm in our everyday lives. It is changing what we do and how we get things done in countless ways.We now see robots working alongside people to ...

Big data to serve up fresh choices to online shoppers

In Thailand in 2019, a transformation of the consumer market will be led by global e-commerce businesses, giving businesses both new opportunities and challenges.Keep reading ...

The Nation Reporter

Thailand govt’s adoption of advanced tech boost for local SMEs

A recent report noted that Thailand is in the process of gradually shifting from a manufacturing to a high-value, hi-tech manufacturing economy.This was seen after the country has put all its efforts into promoting the use of advanced technology, science, and innovation in parallel with ...

Alita Sharon

Ministry of Commerce pivots towards India amid US-China trade war

Amid global trade disputes and economic instability, the Ministry of Commerce has pivoted its export strategy towards India, which continues to see high demand for Thai products and services as well as investment potential for the Thai government’s Eastern Economic Corridor (EEC).Keep watching ...

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