Economy and commerce
SMBC taps Industry 4.0 for expansion
Japanese multinational banking and financial services company Sumitomo Mitsui Banking Corporation (SMBC) is keen to expand in Thailand to cash in on the Industry 4.0 initiative set to attract more foreign invester.Keep reading ...
Chatrudee Theparat
Consumer confidence index improves
Public confidence in the expansion of the Thai economy continues to improve after a clear election date has been set fourth and a comeback in the number of Chinese tourists. The University of the Thai Chamber of Commerce expects spending during Valentines and Makha Bucha ...
Jettana Pantana
‘Overshooting’ baht raises fears of sluggish growth
With the stronger baht constraining Thai economic growth, other small emerging market economies are facing the risk of recession, economists warn.Teerana Bhongmakapat, former dean of economics at Chulalongkorn University, expressed concern about the baht’s rise against the US dollar and regional currencies. “The overshooting baht ...
Wichit Chaitrong
EEC investment set to exceed forecast
Thailand’s investment is expected to grow by 10% in 2020, largely driven by outlays to the government’s flagship Eastern Economic Corridor (EEC). Kanit Sangsubhan, secretary-general of the EEC Office, said investment in the corridor is expected to become vibrant in 2020, with the growth rate ...
Chatrudee Theparat
The economic importance of this election
With a vast EEC scheme hanging in the balance, Thailand must maintain stability to attract more investmentThailand’s post-election economic outlook will largely hinge on political stability and the continuity of key economic policies, especially those designed to drive growth over the next decade or two ...
The Nation Reporter
Thai e-Commerce grew to Bt3.2- tr last year
Thai e-Commerce grew the most in Asean last year, due to changes in consumer behaviour, and its value is expected to hit Bt3.2 trillion, the Electronic Transactions Development Agency (ETDA) said in a press release on Saturday.Keep reading ...
The Nation Reporter
Thailand to push RCEP deal this year
Thailand, as Asean chair, will push for conclusion of the Regional Comprehensive Economic Partnership (RCEP) negotiations by the year-end in order to counterbalance the negative impacts of the US-China trade war. Auramon Supthaweethum, director-general of the Department of Trade Negotiations (DTN) under the Commerce Ministry, ...
Phuwit Limviphuwat
Social Development and Welfare Dept continues to develop SE Online database
The Director General of the Department of Social Development and Welfare has continued to develop a database for requesting a social enterprise certificate online (SE Online).Social Development and Welfare Department Director General Napha Setthakorn said the Department of Social Development and Welfare is the main ...
Supawadee Wangsri
World Bank shows confidence in Thai economy
Prime Minister Prayut Chan-o-cha has expressed satisfaction with the World Bank’s forecast that the Thai economy will expand continuously for at least two years.Keep watching ...
World-Beating Baht Adds to Thai Challenges as Exports Fall
A surge in the baht is adding to the challenges facing Thailand’s trade-dependent economy this year as exports decline.The baht’s climb of about 5 percent against the dollar in the past six months is the strongest in the world, according to data compiled by Bloomberg. ...
