Economy and industry

Competition is ramping up in Thailand’s nascent e-commerce industry, with larger players fighting to attract lucrative brand deals and local partnerships. “Thailand’s e-commerce segment will continue to have intense competition for at least another five years, reducing the number of major players from 3-4 to ...

A consortium led by Charoen Pokphand Group (CP Group) has asked to put off Thursday’s talks with the State Railway of Thailand (SRT) over a high-speed rail project linking three major airports. The talks are likely to begin next Thursday. Keep reading ...

The Transport Ministry is planning to set up train assembly plants in the Northeast to east Thailand’s heavy dependence on train imports in a move to slash government spending on new rolling stock 10-fold.Keep reading ...

Thai border trade grew 0.92 percent to 219 billion baht in the first two months of 2019, according to the Ministry of Commerce.Keep watching  ...

The National Innovation Agency (Public Organization), or NIA, has introduced the concept of Innovation Diplomacy to move Thailand towards the goal of innovation nation through the use of international relations.The move is aimed at creating a network of government agencies and international organizations with similar ...

Foreign funds are projected to return to Thailand’s stock market after the election brings more clarity to domestic politics, says Asia Plus Securities (ASP). Keep reading ...

Thailand’s Eastern Economic Corridor (EEC) is slated to become an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region. Stretching a total area of 13,000 square kilometres – encompassing the eastern provinces of Rayong, ...

Digital transactions in Thailand are rising significantly, data from the Bank of Thailand shows. Mobile and internet payments were up 83 percent in 2018 from 2016, while fund transfers through traditional channels – branches and ATMs – sank.Keep reading ...

Preparations have been underway for the opening of the second Thai-Myanmar Friendship Bridge linking Thailand’s Mae Sot district and Myanmar’s border city of Myawaddy on Tuesday. Therdkiat Chinsoranand, the mayor of Nakhon Mae Sot Municipality, on Sunday inspected the preparations. The construction of the bridge, ...

An expected decision to increase daily minimum wage levels has been deferred, with the tripartite committee saying it needs more information. Jarin Jakaphark, permanent secretary for labour affairs, said on Wednesday that provincial subcommittees have proposed a raise of two to 10 baht this year, ...