Economy and industry

Southeast Asia is seeing a boom in foreign direct investment as the intensifying trade war between the US and China prompts companies to shift production to the region.Vietnam saw manufacturing inflows jump 18% in the first nine months of 2018, driven by investments including a ...

Phatthalung residents are embracing the results of several studies as they offer “creative tourism” packages to lure visitors into spending more time in the southern province. Under this package, visitors can learn local wisdom, see how locals lead their lives and participate in centuries-old activities ...

The University of the Thai Chamber of Commerce (UTCC) says the country’s economy remains strong in spite of the ongoing trade war between the United States and China. Thanawat Polvichai, director of the Economic and Business Forecast Centre of the UTCC, on Saturday revealed that ...

A veteran economist, Sawai Boonma, has called on the country to apply the principles of a sufficiency economy, as introduced by the late monarch, to their everyday activities. The economist-turned-writer said the sufficiency economy philosophy is an effective mechanism to sustain economic growth and citizens’ ...

The Power and Energy Society (PES), which bills itself as the the world’s largest forum for the electric power industry, is literally counting the days, hours, minutes and seconds before its Grand International Conference and Exposition is held for the first time outside of the ...

Phuket Governor Norraphat Plodthong will request a budget of more than half a billion baht from the national government to splash out on improving marine safety.Governor Norraphat explained his plans, to Tourism and Sports Minister Weerasak Kowsurat at the Phuket Yacht Control Centre at Chalong ...

Countries in Asia and the Pacific on Friday (Oct 19) adopted a declaration that will strengthen national statistical systems to present a more complete picture of the region’s development, and support good governance, health and human rights.The declaration, ‘Navigating Policy with Data to Leave No ...

Nine travel routes identified by the Tourism Authority of Thailand will be promoted by Mekong Moments a social media platform run by the Mekong Tourism Coordinating Office.The social commerce web platform Mekong Moments, now in its third year, uses social media to promote tourism to ...

Thailand has climbed two notches in the rankings of the closely watched Global Competitiveness Index 4.0 (GIC 4.0) to 38th place.The country improved its score from 66.3 in 2017 to 67.5 out of 100 in the report that is put out by the World Economic ...

In a meeting yesterday (Oct 16), the Cabinet approved drafts that will add legal conditions to support small- and medium-enterprises (SMEs), allow the setting up of trade associations and raise registration fees to help cope with the country’s economic situation. Keep reading ...