Economy and industry

An Internet of Things (IoT) Academic Network is being set up through a collaboration involving the National Electronic and Computer Technology Centre (Nectec) and 23 educational institutes and schools to develop human resources in the country.The move is aimed at helping the country cope with ...

Commerce Minister Sontirat Sontijirawong has urged commerce attaches to prepare for a global trade war, which he said is likely to intensify next year. “It [trade war] will be more intense next year, and we must assess its impact on the country,” said Mr. Sontirat ...

The Finance Ministry will seek cabinet approval to require financial institutions to contribute 0.001% of their deposit base to a fund tasked with promoting small and medium-sized enterprises (SMEs).A legal amendment is needed for the contribution requirement, and the fund is expected to receive 100 ...

Authorities have stopped 243 Thai citizens departing for South Korea in the past month where they were planning to work illegally, said Labour Minister Adul Sangsingkeo. The 243 were part of a group of 279 people stopped under suspicion of travelling abroad to work unlawfully. ...

Sustained trade tensions could slash Asia’s economic growth by up to 0.9 percentage points in coming years, the International Monetary Fund said, urging policymakers in the region to liberalise markets to offset the fall in export sales.Keep reading ...

Everyone around the world is becoming aware of artificial intelligence (AI) or robots because their ability is constantly developing and they are likely to replace many jobs in the near future.  What is the situation in Thailand? Are workers losing their jobs? Does Thai labour ...

New type of funds will be set up to replace the long term equity fund (LTF) which will end next year, in a move to boost long-term investment in the Thai bourse, said Federation of Thai Capital Market Organisations (Fetco).Keep reading ...

The cabinet yesterday (Oct 10) approved a draft law from the Finance Ministry that governs financial service providers as officials seek to deal with an increasingly diverse landscape for financial services. This is especially so for those services that have yet to be regulated by ...

Air transport officials of the Civil Aviation Authority of Thailand (CAAT) said Tuesday they will have an official air safety master plan, but not before 2022.The 2022 deadline for the air safety plan was revealed Tuesday (Oct 9). The International Civil Aviation Organisation (ICAO) has ...

On 23 September 2018, H.E. Police General Adul Sangsingkeo, Minister of Labour of the Kingdom of Thailand, together with H.E. U Thein Swe, Minister of Labour, Immigration and Population of the Republic of the Union of Myanmar, attended the opening ceremony of the Ranong Post-Arrival ...