Economy and industry
Energy Ministry keen to promote LNG hub, trading centre
The Energy Ministry has high hopes for Thailand to become a regional trading hub for liquefied natural gas (LNG) in early 2020, thanks to a plan to decentralise the gas business.Speaking after yesterday’s Energy Policy Administrative Committee (Epac) meeting, Energy Minister Sontirat Sontijirawong said the ...
Yuthana Praiwan
Commerce Ministry urges industries to increase their exports until early 2020
Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said on Wednesday (December 4) that his ministry has held discussions with the Thai Chamber of Commerce, the Federation of Thai Industries and representatives from the private sector, asking them to accelerate the export of products that ...
The Nation Reporter
ASEAN’s response to Industry 4.0
As the world moves into the era of the Fourth Industrial Revolution or Industry 4.0, governance at regional and global levels will become a key issue. Effective governance is necessary to adequately manage public issues that cut across national borders such as cybersecurity, cross-border terrorism, ...
Confidence in manufacturing, employment drops
The Business Sentiment Index (BSI) dropped to 47.4 in November 2019, which was below the 50 threshold for eight consecutive months due largely to weaker confidence in the manufacturing sector, according to a central bank report on Monday (December 2).However, the confidence of respondents in ...
The Nation Reporter
Shippers: Exports down, baht too strong
The Thai National Shippers’ Council predicts overall exports this year will be down 2.5-3% this year on earlier expectations, and wants the Bank of Thailand to stop the baht’s appreciation.TNSC chair Ghanyapad Tantipipatpong said on Tuesday the forecast shipment figures were based on an exchange ...
Bangkok Post Reporter
Investor confidence index remains neutral [Video]
The Federation of Thai Capital Market Organizations (FETCO) has warned investors of short-term risks associated with the volatility of the ongoing trade war between China and the United States, as the local capital market is still affected by the global economic slowdown.Keep watching ...
Data dilemma
In the digital world, data is king. Businesses now understand that in order to stay relevant and ahead of competitors, they need data to know more about their customers. The more you know, the more products and services you can sell in a more personalised ...
Anti-fake news centre pins blame on elderly
About 500,000 items of suspected fake news were spread on social media over the past month, with the elderly found to be the biggest culprits, Digital Economy and Society Minister Buddhipongse Punnakanta said on Monday.He said the ministry’s anti-fake news centre has detected some half ...
Bangkok Post Reporter
Outlook for the Thai economy is bleak and will get bleaker due to its rapidly ageing population
Thailand is facing an array of economic challenges that will take radical and strong leadership to even keep at bay in the next twenty years as the number of Thai people over 65 years of age expands to record levels with a diminishing workforce. On ...
Joseph O' Connor
Three provinces shortlisted for transit-oriented development
Chonburi, Ayutthaya and Khon Kaen provinces should serve as models for the Transit Oriented Development (TOD) project, according to a study by the Transport Ministry.The Office of Transport and Traffic Policy and Planning (OTP) has been tasked since 2017 to study city development plans along ...
The Nation Reporter