Economy and industry

The Bank of Thailand (BOT)’s latest measure to manage the inflow of foreign money should not affect long-term foreign investment in the country, BOT director of economic analysis Pornpen Sodsrichai said on Thursday.Keep reading ...

Thailand was ranked 56 out of 194 countries in the Government AI Readiness Index 2019 while Singapore sat top of the chart, according to UK-based consultancy Oxford Insights.Thailand was given a 5.458 rating out of 10, one spot above Indonesia at 57, which gained a ...

Thailand’s business associations oppose the government’s plan to increase the national minimum wage to Bt400 per day and have suggested that an entry wage should be established instead, said Mr. Poj Aramwattananont, Vice Chairman of the Board of Trade of Thailand.The Board of Trade and ...

The Digital Economic Promotion Agency  will propose an extension of the 200% tax cut policy for entrepreneurs who invested in software technology and will increase the maximum sum for a tax exemption to 200,000 baht.Keep watching ...

The new government is expected to inject between Bt60 billion and Bt100 billion into the economy by the end of the year with policies to boost consumer spending and reduce the cost of living.However, economists question the government’s budget capabilities to fund these projects and ...

Rice exporters on Wednesday lowered their target for the year from 9.5 million tonnes to 9 million, after a sharp fall in first-half shipments due to the strong baht and ample global stockpiles.Thailand’s rice exports from January to June this year fell 19.6% compared with ...

Representatives of the Lao government and the builder of the Xayaburi dam have dismissed allegations that water retention at the dam, for the trial run of electricity generators, is one of the reasons for the sharp lowering of the water level in the downstream stretches ...

Civic groups on Sunday lodged a petition calling for governments of countries along the Mekong River to review upcoming dam projects.The petition was on Sunday submitted to the National Human Rights Commission (NHRC) by the Mekong Conservation Network in the North during a forum held ...

Non-performing loans (NPLs) relating to agricultural products reached 12 per cent in the first quarter of this year, sitting at Bt25 billion, TMB Analysis reports.The retail and wholesale businesses for small and medium-sized enterprises (SMEs) are in a worrisome situation in terms of debt, said ...

Transport Minister Saksayam Chidchob promises to cut train and bus fares this year, with government subsidies allowing electric train fares at a possible flat 15-baht rate.A main policy of the Transport Ministry was to cut the cost of living by reducing fares – especially electric ...