Economy and industry

The Department of Intellectual Property (DIP) has planned to increase a combined value of Geographical Indicator (GI) products to 30 billion baht.DIP Director General Thosapone Dansuputra revealed the agency is raising the combined value of Thai GI products from three billion to 30 billion baht.Keep ...

Both Thailand’s trade with neighboring countries and its transit trade increased slightly in January, the Foreign Trade Department said on Monday. The department said combined border and transit trade accounted for 119 billion baht, up 1.84% from the same period of last year. Keep reading ...

Academics have urged the authorities to slow down their large-scale waste-to-energy development policy, as it could severely harm the country’s environment and people’s health.The Interior and Energy ministries disclosed that the government is offering more subsidies to further boost investments in waste-to-energy power plants at ...

Thailand will apply this month to join the new trans-Pacific free trade agreement, aiming to ensure it is not left behind by its competitors in the vibrant region, according to the country’s trade negotiations chief.“Thailand is working with the documents for applying to the CPTPP,” ...

The state planning unit is keeping a close watch on rising household debt after debt defaults on personal loans increased at a faster rate. The National Economic and Social Development Council (NESDC) reported on Fridaythat household debt in the third quarter of 2018 was equal ...

More than 5,000 illegal migrant workers have been deported and over 25 million baht worth of fines collected from those who have broken Thailand’s visa laws, including those who employed the illegal migrants. The latest crackdown comes as the government tries to clean up certain ...

The Thai currency’s appreciation is an indication of the country’s good economic performance and stability, according to Deputy Prime Minister Somkid Jatusripitak.The deputy premier reassured investors about Thailand’s economic performance during his speech at the Federation of Thai Industries’ board meeting.Keep reading ...

The Labour Rights Promotion Network Foundation (LPN) has been working closely with the government, private sectors and the workers themselves to promote human rights in Thailand and abroad for decades. One of the most painful truths that we have found is that their voices can ...

Thailand’s manufacturing production index (MPI) in January hit the highest level in 10 months with a 0.2% year-on-year rise to 107.99 points, driven by higher production volume in the automotive, air-conditioning and sugar industries. Keep reading ...

The Board of Investment (BoI) has approved in principle the promotion of Thailand as a bio-economy hub to increase farmer income, in line with the government’s policy to reduce income inequality and develop new S-curve industries.Keep reading ...