Economy and commerce
How Thailand became the 'Detroit of Asia'
Thailand has been a stronghold for automobile manufacturing for decades. It nicknamed itself “the Detroit of Asia,” and the moniker stuck, with good reason. It’s currently the 12th most industrious auto manufacturer in the world, and the largest in Southeast Asia.Keep reading ...
Talib Visram
Somkid calls for rise in EEC investments from S Korea
Thailand has called for South Korea investors to increase their investments in Thailand’s Eastern Economic Corridor and other areas, while indicating its readiness to serve as a gateway for South Korea businesses in this region.Keep reading ...
The Nation Reporter
EEC applications beat full-year target
Investment applications for the government’s flagship Eastern Economic Corridor (EEC) scheme have reached 400 billion baht, beating its target of 300 billion for the year, says the EEC Office. Keep reading ...
Lamonphet Apisitniran
'Thailand 4.0': No Security in the Growing Thai Gig Economy
Thailand’s junta has expressed interest in promoting platform economies—such as Uber and Airbnb—as part of its “Thailand 4.0” digital economy strategy. Yet the government lacks fundamental understanding of how these economies operate, not to mention to the potential effects of nurturing them.Keep reading ...
Thai junta pushes for faster public investment as growth seen slowing
Thailand’s military-led government is pushing for faster public investment spending, which has missed expectations following the adoption of tougher rules on procurement, Deputy Prime Minister Somkid Jatusripitak said on Wednesday.Keep reading ...
UK boosts support fund for British investments in Thailand
Thai ambassador to the UK Pisanu Suvanajata has welcomed the announcement by the UK Export Finance (UKEF) of a 4.5-billion pounds financing in support UK investors’ ventures and sourcing of materials in Thailand. Keep reading ...
The Nation Reporter
Thailand joins EU efforts for WTO action on global system
Thailand has teamed up with the EU to push the World Trade Organization (WTO) into greater engagement for handling protectionist and retaliatory issues to curb a possible trade war. Keep reading ...
Phusadee Arunmas
The future of work
Artificial Intelligence, robotics and machine learning are now frequently-used vocabulary, and as they become integrated into our lives we soon won’t be able to live without them. Like it or not, these technologies will drastically change the future of work. As thousands of jobs are ...
Thiraya Thiranakanat
What Is Needed For Thailand 4.0 To Really Take Off?
Thailand 4.0 is a new model being proposed by the Thai government as they look towards having a value-based economy. Thailand 1.0 saw emphasis on agriculture, 2.0 saw the focus switch to light industries and 3.0 was all about heavy industries. Thailand became stuck in ...
Border commerce continues to boom
Thailand’s border trade is expected to flourish this year, thanks to the government’s continuous promotion activities and growing demand for Thai products among neighbouring countries.Keep reading ...
Phusadee Arunmas
