The Nation

Thai business ‘must transform faster to avoid digital disruption wave’

Thai companies must speed up their digital transformation to avoid the impact of a wave of disruption within the next five years, warns a new report by Deloitte Thailand.The Covid-19 crisis will accelerate that digital transformation, the report adds.Ninety-one executives from several industries participated in ...

The Nation Reporter

Hotel body demands govt reopen the country to foreigners

The Thai Hotel Association (THA) has demanded that the government reopen the country to foreigners, especially since occupancy in hotels is almost zero, with some small operators being forced to close up.Marisa Sukosol Nunbhakdi, THA chairman, said the government should consider specific countries or cities ...

The Nation Reporter

Medical cannabis industry gears up to drive Thai economy

Medical cannabis will be raised to the status of an economic crop in Thailand and exported across the world, according to a government subcommittee studying the draft law on cultivation of cannabis and Thai hemp.The subcommittee said Thai farmers should also have access to both ...

The Nation Reporter

SSO joins banks in providing low-interest loans to small businesses

The Social Security Office (SSO) is cooperating with financial institutions to earmark Bt30 billion to provide low-interest loans to small businesses so they can continue employing their workforce, Labour Minister Suchart Chomklin said on Tuesday (August 18).He explained that the government prioritised economic recovery under ...

The Nation Reporter

Govt creates over 90,000 jobs to deal with unemployment caused by pandemic

The Department of Employment has created over 90,000 jobs to boost the economy in the aftermath of the Covid-19 outbreak.Minister of Labour Suchart Chomklin said that he had ordered the department to prepare vacant positions both at home and overseas for those who are unemployed ...

The Nation Reporter

Trade department to push for RCEP signing in October

The Department of Trade Negotiations will urge the Cabinet in October to consider signing the Regional Comprehensive Economic Partnership (RCEP) pact, the department’s director general Auramon Supthaweethum said.She added that the vetting of all 20 chapters of the accord had been completed and that it ...

The Nation Reporter

No plans to open Thai skies yet: Aviation authority

The Civil Aviation Authority of Thailand (CAAT) has yet to consider allowing international commercial flights to enter Thailand but was monitoring the improving Covid-19 situation in many countries, said director-general Chula Sukmanop.It will need to consult with the Centre for Covid-19 Situation Administration (CCSA) before ...

The Nation Reporter

Three factors hammering Thai stock exchange: analyst

Uncertainty over weak profit forecasts, political issues, and the global economic freeze are hammering the Stock Exchange of Thailand (SET) Index, said an expert at Tisco Securities.Senior Tisco Securities strategist Apichat Poobunjirdkul said the Thai stock market is currently facing a correction and is likely ...

The Nation Reporter

Pandemic gives impetus to online banking

Commercial bank have said that the Covid-19 outbreak will make more customers opt for online services.Siam Commercial Bank (SCB) saw 900,000 customers opt for online banking, while the number of online accounts jumped by 83 per cent, with the number of online customers expected to ...

The Nation Reporter

Thai e-vehicle industry set for rapid growth

The Electric Vehicle Association of Thailand (EVAT) says the EV market in Thailand is the most advanced among Asean countries and will grow quickly during 2025 to 2030.EVAT chairman Yossapong Laoonual said several of the association’s requirements for the EV industry have been adopted by ...

The Nation Reporter

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