Economy and commerce

The Office of SMEs Promotion (OSMEP) is optimistic that the country’s small and medium-sized businesses will all register a considerable growth rate this year. Suwanchai Lohawatanakul, Director General of the OSMEP, said on Thursday that the Thai SME’s GDP is expected to grow between 5.0 ...

Prachuap Khiri Khan will again propose the upgrading of Singkhon border pass to a permanent checkpoint at next week’s mobile cabinet meeting, to promote trade with Myanmar. Provincial governor Pallop Sinhaseni said on Friday the cabinet was due to visit Phetchaburi for meetings  with central ...

Thailand is considering applying to join the 11-nation trade deal that was initiated by ex-president Obama but abandoned by President Donald Trump on his first day in office. Negotiations over the deal were concluded in January by the countries — Singapore, Brunei, Malaysia, Vietnam, Australia, ...

Thailand is a fairly developed economy with an upper-middle-income status. Situated in the heart of Southeast Asia, the country serves as a gateway to one of the world’s most dynamic markets. Despite a decade of political instability and economic shocks, the economy grew at a ...

Thailand’s economy gained further traction on external demand but domestic demand was not “sufficiently strong”, and monetary policy has to remain accommodative to boost activity.Keep reading ...

The Thai economy over the past two months has continued to grow on the back of higher consumer confidence and industrial output, as well as the government’s secondary welfare programs. The government has continued to operate a budget deficit in order to stimulate the economy.Keep ...

THAILAND’S draft national strategy for stability, sustainability and wealth under the sufficiency economy philosophy is expected to come into force July with an annual assessment, according to National Economic and Social Development Board (NESDB). The announcement came after national strategy committee meeting.Keep reading ...

H.E. Mr. Don Pramudwinai, Minister of Foreign Affairs of the Kingdom of Thailand, is scheduled to attend the OECD Southeast Asia Regional Programme (SEARP) Tokyo Ministerial Conference, which will be held on 8 – 9 March 2018 in Tokyo, Japan. The Conference will cover the ...

The value of exports rose by 17.56% year on year in January, the largest increment in 62 months, Commerce Minister Sontirat Sontijirawong said on Wednesday. Exports last month were estimated at US$20.10 billion. It made a good start for this year and the baht’s appreciation ...

Investment drawn to the proposed Eastern Economic Corridor (EEC) could push the country’s economic growth rate above 5 percent by 2021, Siam Commercial Bank’s Economic Intelligence Centre (EIC) said.Keep reading ...