Economy and industry
Govt releases white paper on IoT industry in push for digital economy
The government has launched a white paper on the Internet of Things (IoT) industry to drive the country’s digital economy.The “Thailand IoT Industry White Paper” was jointly released during a meeting on Wednesday (August 7) in Bangkok. The white paper outlines the framework of Thailand’s ...
The Nation Reporter
Jurin to launch 10-point plan to drive economic growth
Jurin Laksanawisit, the Deputy Prime Minister and Commerce Minister, has announced 10 measures to drive the country’s economic growth.The measures include an agricultural products price guarantee programme, investigations to ensure that prices of products and service price are fair, a boost in the country’s exports, ...
Somluck Srimalee
Energy Ministry aims to build regional power hub
The Energy Ministry is preparing to promote Thailand as the power trade hub of Southeast Asia by improving high-voltage transmission lines across the country to open regional power trading and sales of surplus electricity.Kulit Sombatsiri, permanent secretary for the Energy Ministry, said the ministry has ...
Yuthana Praiwan
BoT sets expectations of lenders to keep down household debt
The Bank of Thailand (BoT) has revealed its new policy for loaning in order to control household over-indebtedness, which has been rapidly increasing.The BoT has set out five guidelines for banks to consider as the national overseer aims to ensure banks remain sustainable. Keep reading ...
The Nation Reporter
Changes to workplace relocation laws in Thailand
On May 5, 2019, amendments to Thailand’s Labour Protection Act (LPA) introduced changes to a variety of employer obligations to enhance employee protection, including statutory severance pay, maternity leave, and paid necessary business leave, among others. It also set out key amendments to the law ...
Three-month strategy unveiled to revive economy
The Commerce Ministry said on Monday it would speed up four policies to revive the economy over the next three months. The policies cover the income guarantee for farmers, export stimulus, cost-of-living supervision, and talks on trade accords such as the Regional Comprehensive Economic Partnership ...
Phusadee Arunmas
Damming the Mekong to environmental hell
Major dam construction projects have become a favourite pastime of some autocratic governments, with China leading the way. But, far from protecting against water shortages, as supporters promise, large dams are contributing to river depletion and severely exacerbating parched conditions. Nowhere is this more apparent ...
Upskilling for the future
Technological disruption will significantly affect ASEAN’s workforce, driving growth and creating new demand for workers. Based on a 2018 study, ‘Technology and the future of ASEAN jobs’ by technology company Cisco and Oxford Economics Data, 6.6 million jobs will become redundant by 2028 across the ...
Economic plans to be finished in three months
In the face of the world’s volatile economic situation, Finance Minister Uttama Savanayana has ordered agencies in the care of his ministry to set out economic plans in line with national strategic plans and focus on the upgrading of the country’s competitiveness and reduction in ...
Egat set to distribute LNG locally
The Energy Regulatory Commission (ERC) plans to allow the state-run Electricity Generating Authority of Thailand (Egat) to distribute liquefied natural gas (LNG) locally, instead of importing to feed Egat’s power plants.Egat is the second LNG importer after PTT Plc, the national oil and gas conglomerate. ...
Yuthana Praiwan
