Economy and industry

The government must provide more incentives and loans to encourage households to adopt solar energy generation, according to experts.Decharut Sukkumnoed, lecturer on economics at Kasetsart University’s Faculty of Agricultural and Resource Economics, said the growth in solar-powered households would be much greater if the state ...

Global tourism is trending towards reliance on tailor-made experiential products to capture rapid changes in traveller behaviour amid digital transformation.Experts say it’s vital for operators and tourism-related agencies to adjust and embrace new challenges if they hope to survive in the competitive and lucrative business.Keep ...

Charoen Pokphand Foods Pcl (CP Foods) has pledged to achieve sustainable development of labour rights across its entire group and supply chains.The company said it conducts constant surveillance to ensure good practices.Under its Human Rights Due Diligence Process, the company said it analyses and assesses ...

The Finance Ministry plans to adopt blockchain-based value-added tax (VAT) refund service for foreign tourists, starting from the end of this month.The blockchain technology for VAT refunds should speed up the process for tourists as details of their purchases will be immediately shared with the ...

Since its launch of the “anti-fake news center” on November 1, the Thai Digital Economy and Society Ministry on Wednesday announced that it has detected nearly 8,000 fake news items online.“Since its launch, we have detected 7,962 messages with false news content,” said Minister of ...

The announcement by the Transport Ministry to legalise ride-hailing services by March 2020 comes in good time. The Internet economy has, for the first time, crossed the $100-billion (Bt3.03 trillion) mark, according to a report by Google, Temasek and Bain & Company.The government is taking ...

The state-run Electricity Generating Authority of Thailand (Egat) is preparing to develop the country’s first floating storage regasification unit (FSRU) worth 24.5 billion baht to support its business plan to import liquefied natural gas (LNG) from 2020.The National Energy Policy Council approved Egat developing this ...

Thailand is trying to coax the baht down from six-year high territory as the currency’s strength threatens local manufacturing and tourism.The central bank has cut interest rates and eased capital controls to rein in emerging Asia’s best-performing currency this year.Keep reading ...

Siriraj Hospital yesterday (November 12) signed a Memorandum of Understanding (MOU) with Perceptra, an artificial intelligence (AI) company, for joint research into and development of medical AI which can help doctors read chest x-rays, Prof Dr. Prasit Watanapa, the dean of faculty of medicine Siriraj ...

The government should set up an office dedicated to promoting investment in digital business in Thailand, said Digital Council of Thailand’s chairman Suphachai Chearavanont, after a meeting between the council and the Thai Chamber of Commerce and the Board of Trade of Thailand yesterday (November ...