Economy and industry

The central bank has revised this year’s GDP growth target to 4.1% and export growth target to 7%.  The Monetary Policy Committee of the Bank of Thailand (BoT) said it expected the country’s GDP to expand by 4.1% this year, 0.2% higher than its previous ...

Kasikorn Research Center (KSC) has maintained its economic growth forecast for Thailand at 4% this year despite US trade barriers. The KRC claimed even though the US’s imposition of tariffs on certain import goods would affect many countries in different ways, the impact would be ...

City Hall has dusted off a draft regulation to impose a wastewater treatment fee on Bangkok residents, 15 years after it was first flagged. Like it or not, the regulation is expected to win approval by the Bangkok Metropolitan Administration’s (BMA) executives by the end ...

The leaders of six countries along the Mekong River  adopted an ambitious investment plan worth US$66 billion over the next five years. At least $7 billion will come from the Asian Development Bank (ADB) and the rest from governments and the private sector, they said.Keep ...

Digital equipment and high-speed internet spots have been set up in Phuket as part of its bid to make the island province a smart city. Phuket provincial governor Thavornwat Kongkaew called a meeting on Thurday (March, 29) attended by state agencies, the National Electronics and ...

Thai rice exports in the first two months of 2018 rose 10% year-on-year by volume to 1.91 million tonnes and 16.1% in baht value to 30.32 billion baht but orders are falling due to the strong baht.Keep reading ...

With a sand beach revealed as the Mekong River subsided for the summer season, the Nong Khai community saw opportunity to create a tourist attraction. Residents set up 55 food stalls on the riverbank near a 500-metre-long waterfront sand dune in Ban Phan Prao village ...

The Minister of Energy announced this week the government will stop purchasing electricity from renewable power projects for the next five years. The reasoning is that such projects have caused retail electricity tariffs to jump by 20-25 satangs per unit, and that the electricity system ...

Asia’s rapid development over the past four decades has transformed the region’s stature in the world economy, lifting hundreds of millions of people out of poverty and creating new opportunities for future prosperity. Keep reading ...

Thailand is considering opening some businesses in the service industry to more foreign investment, the Bangkok Post reported on Monday (March 26). A panel overseeing the review will meet on Thursday to decide the types of service businesses that will be opened up to foreign ...