Economy and industry

When an employee causes damage to a company, Thai employers often resort to deducting wages, holiday pay, or overtime payments as a penalty or restitution. Before doing so, the employer should know when it is permissible to do so under Thai law, and the risks ...

Prime Minister Prayut Chan-o-cha today pledged to push for greater connectivity to strengthen business and investments in ASEAN when Thailand assumes the chairmanship of the regional grouping next year.Speaking at the ASEAN Business and Investment Summit in Singapore, Gen Prayut said as chairman of ASEAN ...

Engineering is one of the key drivers of the Thailand 4.0 policy. Therefore, Thammasat School of Engineering has been developing its curriculum to produce young engineers with excellence in digital technology. There are many innovations proving their success.Keep watching ...

To this day, when Thai schoolchildren learn by rote the main achievements of their past prime ministers, they are taught that Anand Panyarachun was responsible for the creation of the Association of Southeast Asian Nations’ Free Trade Area (AFTA). What this might mean to them ...

Few have heard of the Mergui Archipelago, and even fewer have managed to visit the 400km string of scattered islands in the Bay of Bengal’s Andaman Sea.Most of the 800 offshore islands are uninhabited, apart from a few seasonal settlements of the seafaring nomadic Moken, ...

The countries of the Mekong should build a “community of shared future” said China’s Foreign Minister Wang Yi in December last year. The Lancang-Mekong Cooperation Framework (LMC) is “practical and highly effective”, he said. “We do not go after a high-profile ‘talk shop’ but a ...

Thailand’s Eastern Economic Corridor (EEC) policy committee has approved five major infrastructure projects. The EEC policy committee, chaired by the Prime Minister, approved the first phase development plan for the economic corridor and the 2018 EEC Act, which calls for five major infrastructure projects. Keep reading ...

Thailand is seeking to further flesh out its strategic economic cooperation with China by promoting another layer of ties built on direct connections with some Chinese provinces.After meeting China’s State Councillor Wang Yong in Beijing on Wednesday (Nov,7 ), Deputy Prime Minister Somkid Jatusripitak revealed ...

The second passenger terminal building at U-Tapao International Airport will be fully opened in February, the airport’s director said.Rear Adm Luachai Sri-iamkul, the director of the airport, said the new terminal has been partially opened for domestic flight passengers and for inbound international flight passengers.Keep ...

Thailand is moving ahead with plans to upgrade economic cooperation with China, agreeing Wednesday (Nov, 7) to the comprehensive framework on enhancing trade and economic partnership between the two nations and aiming to double bilateral trade to UScopy40 billion (4.59 trillion baht) by 2021.Keep reading ...