Economy and industry

The Cabinet has approved the establishment of the Institute for Financial Innovation and Technology (InFinIT), in order to foster domestic financial technology (fintech) development. The institute will support the fintech ecosystem in Thailand by offering a platform for professionals and startups to conduct research and development ...

Chinese business giant Alibaba has shown interest in setting up a Smart Digital Hub in Thailand’s Eastern Economic Corridor (EEC) with company president Jack Ma expected to engage in talks with the government this week. Keep reading ...

Experts believe blockchain technology can end election fraud and save money. Blockchain and other digital-age technologies, which have played a vital role in the economy and people’s lives, are now bringing new benefits to politics and the electoral process.Keep reading ...

H.E. Mr. Don Pramudwinai, Minister of Foreign Affairs of the Kingdom of Thailand, joined the delegation led by H.E. General Prayut Chan-o-cha, Prime Minister of Thailand, to attend the 6th Greater Mekong Subregion (GMS) Summit during 30 – 31 March 2018 in Hanoi, Vietnam. The ...

For the first time in its history, Thailand is coming out with a national strategy that directs the country’s economic and social development over the next 20 years. Last June, the National Legislative Assembly passed a national strategy bill which mandates that all government agencies ...

Thousands of megawatts of wind and solar energy contracts in the Mekong region of Southeast Asia have been signed, seriously challenging the financial viability of major hydropower projects on the river, an energy expert told a water conference last week.Buoyed by a recent Thai government ...

On a bucolic stretch of the Mekong, near Cambodia’s northern border, people can tell you all about hydropower. The dam is why fish catches have been dropping, steadily, for the past few years. The dam is why so many young men have taken up logging ...

Last week’s TIFA meeting between Thailand and the United States was a success, particularly regarding the GSP extension for Thai products, and a request for the U.S. not to raise the tax for steel and aluminum from Thailand. The Ministry of Commerce’s Permanent-Secretary Nuntawan Sakuntanaga revealed ...

An academic at Thailand’s Rangsit University, Anusorn Thamjai, says the US, UK and French air strikes on Syria could drive up crude oil prices to 100 dollars per barrel. Anusorn said the prices have already reached the highest level in 3 years since the coalition launched ...

Auctioning for the third expansion phase of Laem Chabang port in Chon Buri is set to take place in October, Port Authority of Thailand (PAT) acting director-general Songtham Chantaprasit says. Terms of reference (ToR) for the estimated 141-billion-baht megaproject are awaiting finalisation by the PAT, ...