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Local project aims to raise community income in Thailand
Thailand’s Commerce Ministry has launched the Local project to increase income for low-income earners by identifying and supporting local products in three categories: bio-, circular and green (BCG), innovation and identity.The initiative aims to serve consumers’ shifting concerns about the environment and health, while increasing ...
Vietnam, Laos, Thailand strengthen transport connectivity
The 23rd preparatory conference of the nine provinces of Vietnam, Laos and Thailand that share the use of Road 8 and Road 12 was recently held in the central Lao province of Bolykhamsay to review their cooperation.A representative of Bolykhamsay province reported the implementation of ...
Thailand’s exports down for fourth consecutive month
The value of exports, the main driver of Thailand’s growth, dipped for the fourth month in a row in January due to slowing global demand, according to the Ministry of Commerce.The ministry on March 2 cited data from the Thai Customs Department, saying that the ...
Thailand’s employment backs to pre-COVID level: NESDC
The employment rate and working hours in the 4th quarter of 2022 in Thailand were similar to those before the COVID-19 pandemic, according to a report released on March 3 by the country’s National Economic and Social Development Council (NESDC).During the period, 39.6 million people ...
Thailand approves rubber price guarantee scheme for farmers
A scheme worth 7.6 billion THB (215 million USD) has been approved by the cabinet of Thailand to guarantee rubber prices for 1.6 million farmers registered with the country’s Rubber Authority.The move, the fourth phase of an ongoing programme, promises a 40-60 split on revenues ...
Measures sought to foster cooperation between Vietnamese, Thai localities
Vietnamese Ambassador to Thailand Phan Chi Thanh and Governor of the Thai northeastern province of Khon Kaen Kraisorn Kongchalad have looked into measures to promote cooperation between the province and Vietnamese localities in different spheres.At the meeting, which took place on February 28 as part ...
Thailand launches digital tourism project
The Digital Economy Promotion Agency (DEPA) of Thailand has launched a digital tourism project with an aim to encourage travel firms to widely use digital platforms.DEPA President and CEO Nuttapon Nimmanphatcharin said that the project will develop a national tourism tourism platform called ThailandCONNECX, helping ...
Thailand’s new strategies to attract foreign investors unveiled
The Thai Board of Investment (BoI) on February 14 unveiled its strategies to attract foreign investors over the next three to five years.BoI Secretary-General Narit Therdsteerasukdi said the board’s strategies are in line with the country’s long-term socio-economic development plans and they support manufacturing and ...
Thailand's economy to improve further on consumption, tourism
Thailand’s economy improved in June and the momentum is expected to continue into the second half of 2022 thanks to increased tourism and domestic consumption as pandemic curbs eased.The Bank of Thailand (BoT)’s Senior Director Chayawadee Chai-Anant said the tourism sector will play an important ...
Thailand calls for businesses’ cooperation to stabilise product prices
The Thai Commerce Ministry has called for continued cooperation from manufacturers to maintain product prices as long as possible in order to curb the negative impact on consumers.This move came after manufacturers proposed to increase the prices of their products to cope with higher production ...
