The Nation

VAT stays at 7% for another year

Finance Minister Uttama Savanayana confirmed on Tuesday (September 10) that the Cabinet has agreed to maintain value added tax (VAT) at 7 per cent for another year and has vowed to keep a close eye on the economy.Keep reading ...

The Nation Reporter

Asean policymakers commit to investing more in people

Asean ministers and senior officials on Monday discussed how to accelerate human capital development in the region by using policy investments and reforms.Asean countries have succeeded in achieving high levels of economic growth and have substantially reduced poverty over the last 20 years. However, education, ...

The Nation Reporter

'Some positive signs' for Thailand in ICT sector

Growth in value-addition of Thailand’s ICT sector as a share of GDP was negative, but Thailand is among the top 10 countries having high value-addition in ICT manufacturing, according to a UN agency report.The information and telecommunications technology (ICT) sector comprises ICT manufacturing, ICT wholesale ...

Wichit Chaitrong

Asean economic ministers approve 4 bills on future development

Asean Economic Ministers on Friday gave the nod to four bills pertaining to future development of the region and also acknowledged progress of the Asean Economic Community Blueprint 2025, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said.Keep reading ...

The Nation Reporter

Thailand fares badly in business digitalisation: UNCTAD

Singapore and South Korea top the charts when it comes to companies receiving orders online, the Digital Economy Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD) shows.According to the report launched a few days ago, more than 60 percent of ...

Wichit Chaitrong

Recent trends in the digital economy: global internet traffic has grown dramatically

The Nation presents infographics of UNCTAD’s Digital Economy Report 2019, which highlights value creation and capture: implications for developing countries.Keep reading ...

The Nation Reporter

Bangkok ranked the most internationally visited city

Despite the global economic slowdown, Bangkok has retained its title of the most visited city on Mastercard’s Global Destination Cities Index for the fourth year in a row. Mastercard’s index ranks 200 cities based on a proprietary analysis of visitor volume and spending data that ...

The Nation Reporter

Talks with Cambodia for energy projects, developing disputed border area

Energy Minister Sontirat Sontijirawong says he will speak with his Cambodian counterpart regarding the dispute over the maritime border with the aim of joint development of the overlapping claim to benefit both countries on Thursday (September 5).Keep reading ...

The Nation Reporter

Committee calls for action against strong baht to improve economic performance

The office of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is concerned by the performance of the Thai economy in the second half of 2019. The office fears that the lack of stimulating factors and an ever-stronger baht may lead to lower ...

The Nation Reporter

Expect more job loses as exports contract, tourism slows: NESDC

Unemployment is set to rise amid a contraction in exports and a tourism slowdown, warned the National Economic and Social Development Council (NESDC) on Monday.The state think tank said that despite the unemployment rate remaining low and incomes increasing, the labour market must be closely ...

Wichit Chaitrong

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