Economy and industry

Emerging market stocks recorded a second consecutive week of losses amid worries about a slowdown in China’s economy, reflected in weak retail sales and tepid industrial output growth. Also hurting sentiment was the decision by the European Central Bank to end its massive asset-buying scheme, ...

The Thailand Board of Investment (BOI) announced a recently approved public-private partnership plan for Digital Park Thailand (EECD), one of the key components of the Thai Government’s Eastern Economic Corridor (EEC) development initiative. Digital Park Thailand is a 115-hectare site strategically located within the EEC. ...

The Digital Economy Promotion Agency (DEPA) has devised a measure to promote software usage, offering tax deductions of up to 200 percent of the value of a computer program suited to business operations.Keep reading ...

Thailand is in the midst of an ambitious railway development drive aimed at weaning the country away from autos to more eco-friendly train transportation while transforming into a regional rail hub.The government will spend more than $25 billion to build a high-speed rail network, of ...

The Deputy Minister of Industry has followed up on the construction of an industrial estate in Udon Thani province, collecting information to be discussed during the Bueng Kan-Nong Khai Cabinet retreat.Keep reading ...

20 years ago, no one could have accurately predicted the huge impact that inventions like the smartphone and the World Wide Web would have on humankind. As technology advances at a breakneck pace, the same could be said about blockchain technology.Keep reading ...

A recent report revealed that the government of Thailand has passed a bill that it hopes will ensure more effective tax collection, especially from e-commerce businesses. The new law will see financial institutions required to report transactions to the Revenue Department of customer accounts which ...

The Office of Small and Medium Enterprise Promotion (OSMEP) is launching a global connectivity program for SMEs designed to push local products onto the world market.Keep reading ...

Environmental watchdog Greenpeace has called Thailand’s Power Development Plan 2018 (PDP) “sugar-coated” despite its embrace of more renewable energy, saying it still hinders efforts to reduce greenhouse-gas emissions. The Energy Policy and Planning Office (EPPO), which drafted the PDP, affirmed at public hearings last week ...

A study by an international team of conservation scientists found that a dam built in Thailand 31 years ago has caused the local bird population to collapse.Keep reading ...