Economy and industry

Despite tremendous efforts by the telecom regulator to press ahead with 5G adoption by next year, achieving the goal may be a tall order considering the slow process of spectrum recall and the lack of a strong push by telecom players,wary as they are that ...

The area of the CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) is being urged to upgrade to become a new global value chain to accommodate the new economy and offset the world’s economic uncertainties.Keep reading ...

The committee on communications, telecom, and digital economy and society from now on will focus on cybersecurity issues due to rising number of people who can get access to the online world.Keep reading ...

The trade war between the United States and China and the appreciation of the baht against other currencies have started to impact large corporates, say bankers.Although large corporates are resilient to any impact and their ability to repay debt remained sound compared with small and ...

Southeast Asia’s construction sector is looking at wide variations of growth in 2019, according to the latest International Construction Costs Report from Arcadis. The report found that the construction industries in the Philippines and Vietnam ranked third and fifth worldwide, respectively, for forecast annual real ...

Deputy Prime Minister Somkid Jatusripitak is wooing the EU to revive talks on a Thai-EU free trade agreement after the next round of talks in October.He has also asked the EU to help convince Airbus to invest in an aircraft repair centre in Thailand’s Eastern ...

The Industry Ministry signed a memorandum of understanding (MOU) with 13 investment partners to promote Thai startups by establishing InnoSpace (Thailand) Company Limited to act as a center for promoting and developing startups. The move is part of the government’s policy to raise Thailand as ...

Foreign investors ranging from global giants to fast-growing start-ups are focusing on Thailand as it races to transform itself into Thailand 4.0, the region’s innovation and knowledge-based digital hub.Foreign companies specializing in such advanced technologies as aerospace, artificial intelligence, biosciences, electric vehicles, fintech, robotics and ...

Currently, the two most pressing economic issues in Thailand are the appreciation of the baht and the high level of household debt.While most people understand the negative effects of the rising baht on exports and tourism, few can visualise the adverse consequences of high household ...

Rachada Dhnadirek, deputy government spokesperson, said the Cabinet has approved the setting up of a National Digital Trade Platform and has assigned the Office of the Public Sector Development Commission (OPDC) to work with related agencies and the Joint Standing Committee of Commerce, Industry and ...