Bangkok Post
Exports down 4.5% in October
Exports dropped by 4.5% year-on-year in October to US$20.8 billion, bringing the contraction in first 10 months of 2019 to 2.35% with a negative outlook, according to the Commerce Ministry.Pimchanok Vonkorporn, director-general of the ministry’s Trade Policy and Strategy Office, attributed the significant decline to ...
Bangkok Post Reporter
EU FTA could deliver Thai GDP boost
A free trade agreement (FTA) with the EU is likely to stimulate not only exports but imports and investment as well, helping to raise Thailand’s GDP by 1.63% a year, says a joint study by the Trade Negotiations Department and the Institute of Future Studies ...
Phusadee Arunmas
Border pact signed with Myanmar
Thailand and Myanmar signed a memorandum of understanding (MoU) on cross-border transport during a recent Greater Mekong Subregion (GMS) conference, Deputy Transport Minister Thaworn Senneam said on Wednesday.The signing took place at the 23rd GMS meeting in Phnom Penh on Monday.The MoU is part of ...
Bangkok Post Reporter
Checklist to replace EIA for seawalls
The Ministry of Natural Resources and Environment will use a “preliminary environmental checklist” to review proposals about the construction of seawalls to prevent coastal erosion.The checklist will be designed in such a way that clearly outlines major environmental concerns which applicants need to address in ...
Apinya Wipatayotin
E-payment roadmap eyes cross-border as first order
The national e-payment roadmap for 2020 prioritises cross-border payments and fund transfers, aiming to boost financial transactions via the digital platform across Asean and deepening integration of the regional bloc.Under the three-year national e-payment roadmap through 2022, cross-border transactions are the focus next year. Financial ...
Somruedi Banchongduang
PM upbeat in spite of job losses
The government is trying to find ways to help workers who have been laid off after nearly 1,400 factories closed down during the past 11 months, Prime Minister Prayut Chan-o-cha said on Tuesday.The government also pointed to more than 2,000 new factories having opened over ...
Mongkol Bangprapa
Survey finds AI adoption still nascent
Artificial intelligence (AI) adoption in Thailand is still in the early stages, with chatbot, robotic process automation (RPA) and consumer segmentation among the top targets for businesses, according to a survey by IMC Institute, a tech research and training organisation.“Businesses in Thailand have high awareness ...
Suchit Leesa-Nguansuk
Thailand talent level slips
Thailand slipped one position to 43rd out of 63 economies in the World Talent Ranking 2019, while its regional peers Singapore, Indonesia and the Philippines advanced, according to a report conducted by the IMD World Competitiveness Centre (WCC).The sixth edition of the ranking takes into ...
Suchit Leesa-Nguansuk
'Don't mention the economy'
Deputy Prime Minister Somkid Jatusripitak has urged the public not to discuss Thailand’s economic problems too frequently, saying this could have a psychological impact on investor confidence.Mr Somkid said that he was ready to explain the economic slowdown if the opposition raised the issue at ...
Bangkok Post Reporter
ONWR seeks measures for dry season
A national water management panel wants the Agriculture and Agricultural Cooperatives Ministry to draw up measures to accommodate the annual rice crop without affecting the water disbursement plan for the 2019-2020 dry season.Somkiat Prajamwong, chief of the Office of National Water Resources (ONWR), said the ...
Bangkok Post Reporter
