Economy and industry

Thailand falls one place in digital index

Thailand slipped one place to 40th in the World Digital Competitiveness Index 2019, partly because of a lack of public access to digital public services and subpar participation in public decision-making.The rankings, which cover 63 countries, were released on Thursday. The index was commissioned by ...

Suchit Leesa-Nguansuk

Govt mulls end of fast train plan

The government may scrap three high-speed rail projects after being spurned by private investors, a source at the Transport Ministry said.They are the Bangkok-Chiang Mai, Bangkok-Surat Thani and Rayong-Trat projects. The source said a high-speed train project linking Bangkok with the northern province of Chiang ...

Thodsapol Hongtong

Chevron says no arbitration for now over Thai energy dispute

U.S. energy major Chevron Corp (CVX.N) has decided to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay the bill for removing offshore oil and gas platforms, the company told Reuters on Wednesday.Keep reading ...

Patpicha Tanakasempipat

Walking the data tightrope

Top government officials and business leaders are stressing the importance of collecting big data on the population, but also protecting personal, commercial and governmental data from increasingly frequent cybersecurity threats.Keep reading ...

Komsan Tortermvasana & Suchit Leesa-Nguansuk

Border trade contracts 0.07%

Trade growth in Thailand’s border areas has slowed down due to the struggling global economy and the ongoing trade war between China and the United States of America. In the first eight months of this year, Thailand’s border trade was valued at 915 billion baht, ...

Praphorn Praphornkul

August factory output falls 4.4% y-o-y, worse than forecast

Thailand’s manufacturing production index (MPI) in August dropped 4.4% from a year earlier, dragged down by lower production of cars, electronics and rubber products, the industry ministry said on Tuesday. That compares with a forecast of a 3.6% decline in a Reuters poll, and July’s ...

Experts warn unemployment will rise as world economy slows down

The Economic and Business Research Center for Reform at Rangsit University’s Institute of Economics predicts Thailand’s ease of doing business will improve due to positive impacts of long-term investment, but fears that in the short term, the unemployment rate will rise and personal income will ...

The Nation Reporter

China’s planned focus on domestic economy ‘will hit Thai exports badly’

Thai exporters will face the biggest challenge once China shifts its focus to its domestic economy as a result of is trade war with the United States.In an interview with Nationmultimedia Group, Chinese Ambassador to Thailand Lyu Jian confirmed that though China with continue supporting ...

Wichit Chaitrong

Consumers’ rights to be protected under new MoU

The Electronic Transactions Development Agency (ETDA) last week signed a memorandum of understanding (MoU) with major consumer organizations and private companies on a consumer protection initiative covering products and services sold online.Keep reading ...

The Nation Reporter

Govt speeding up megaprojects

The government is expediting the Transport Ministry’s mega-investment projects worth almost 2 trillion baht to stimulate financial flows and deal with anticipated volatility in the global economy next year.Kobsak Pootrakul, deputy secretary-general for political affairs to the prime minister, said the Transport Ministry’s 44 projects ...

Bangkok Post Reporter

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