Economy and industry

In the first quarter of this year, household debt nationwide stood at Bt13 trillion, rising by 6.3 percent and accounting for 78.7 per cent of the total GDP – the highest since the first quarter of 2017, the latest report on Thailand’s Social Situation and ...

Deputy Prime Minister Gen Prawit Wongsuwon has instructed all agencies to join hands to fight human trafficking in every possible way after the United States’ report on the trafficking in persons kept Thailand in Tier 2 this year.Keep watching ...

The government is teaming up with the private sector to open a labour force training centre in Rayong to deepen the pool of skilled workers in the Eastern Economic Corridor (EEC).The Sumipol Institute of Manufacturing Technology (Simtec) is a learning centre and workshop located in ...

The Geo-Informatics and Space Technology Development Agency (GISTDA) announced the Discover Thailand’s Astronaut Scholarship Program, which offers an opportunity for selected Thai children to witness operations at the U.S. Space & Rocket Center and NASA Visitor Center.Keep watching ...

The government plans to launch additional measures for motorists to buy electric vehicles (EVs) and motorcycles this year to pump up demand for low-emission vehicles on local roads, says Energy Minister Sontirat Sontijirawong.Keep reading ...

The Digital Economy and Society Ministry is pushing for the adoption of fifth-generation (5G) technology by next year, especially in the Eastern Economic Corridor (EEC), as a way to attract global tech investment.Keep reading ...

The minimum wage was introduced to Thailand in the mid 1970’s as a way to protect against basic labour being taken advantage of and provide a guaranteed minimum wage for all workers. However, it was never applied to “all workers”. The International Labour Organisation (ILO) ...

The Board of Investment (BoI) looks set to propose to the economic cabinet at its meeting on Friday a relocation package for foreign investors wishing to shift from China to Thailand.The package will focus largely on headquarters, research centres, talent and high technology industry, said ...

Thailand is jump starting a decades-old plan to create a Southeast Asia electricity supergrid, and wants to be the power-trading hub at the centre of it.The nation is set to triple the amount of electricity from Laos that it resells to Malaysia, while encouraging infrastructure ...

The Finance Ministry has agreed to launch a new tax-saving fund to replace long-term equity funds (LTFs), for which the tax incentive is due to expire at the end of this year.The initial details of the new fund bear resemblance to the Sustainable Equity Fund ...