Economy and industry
Arkhom predicts potential growth of 4-5%
The potential growth rate of the economy is 4-5%, says Finance Minister Arkhom Termpittayapaisith. Among the factors that will determine more robust sustainable growth is increasing productivity by reskilling and upskilling workers, Mr Arkhom said yesterday at a seminar called “The NEXT Thailand’s Future”, co-hosted ...
Bangkok Post Reporter
Cyber scams: Top bankers unite to battle rise in financial crime
The central bank, commercial banks and state-run financial institutions are joining forces to fight online criminals preying on bank customers, officials and executives told a press conference on Friday.Senior officials from the Bank of Thailand (BOT), the Thai Bankers’ Association (TBA), and the Government Financial ...
The Nation Reporter
South, Southeast nations to enhance cooperation for maritime transport
A group of seven South Asian and Southeast Asian nations – collectively known as Bimstec – has reached an agreement on maritime transport cooperation to boost maritime connectivity within the region.The group’s Senior Officials’ Meeting endorsed the Agreement on Maritime Transport Cooperation at a virtual ...
The Nation Reporter
Central bank turns to biometrics to battle online scams
The Bank of Thailand has joined the fight against online crimes by instructing financial institutions to step up their preventive measures, including a requirement for biometric verification for mobile banking transactions, its governor, Sethaput Suthiwartnarueput, said on Thursday.Bank customers who want to transfer more than ...
The Nation Reporter
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 ...
TAT drives Thai tourism towards safe and sustainable travel
The Tourism Authority of Thailand (TAT) has announced the commencement of the submission process for the 14th Thailand Tourism Awards, a distinguished recognition for the travel industry’s brightest and best in Thailand.The application period runs from March 1 to April 30, 2023, with the announcement ...
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 Targets $57 Billion Investment in Green, Tech Sectors
Thailand expects foreign and local companies to pump in about 2 trillion baht ($57 billion) into sectors such as electric vehicles, smart electronics and technologies to build a green and sustainable economy by 2030.The fresh investments may generate 625,000 new jobs and add 1.7 trillion ...
