Economy and industry

Thailand welcomed almost 10,000 international visitors since the launch of the Phuket Sandbox program. The country is moving into the next stage of reopening with the 7 plus 7 island extension plan set to begin in August.Keep watching ...

Despite the Covid-19 pandemic, the first half of 2021 saw 41,022 new businesses established, or 23 per cent more than the same period last year. In comparison, only 4,930 businesses shut down or 21 per cent fewer than last year.The top three sectors that attracted ...

State-run Transport Company has suspended all bus services on the northern, northeastern, eastern and southern routes, except parcel deliveries, from July 21-Aug 2.Company president Sanyalak Panwattanalikit announced the suspension on Tuesday, saying this was in compliance with the government announcement on July 17 that people ...

Thailand’s economy has crossed a tipping point with the country beginning to be losing global interest, said a new research report from the Kiatnakin Phatra Financial Group (KKP).Relocation of production bases, falling direct investment, and a slowdown in the export sector show that Thailand no ...

The ongoing Covid-19 outbreak is threatening to hinder the export sector from achieving its 8%-10% growth target as more factories are hamstrung by rising infections, says the Federation of Thai Industries (FTI).Kriengkrai Thiennukul, vice-chairman of the FTI, said disease transmission is affecting production capacity and ...

The Thai Chamber of Commerce (TCC) has urged the government to roll out aid measures, as it estimates that the two weeks lockdown in 13 provinces will cost the economy up to THB120 billion.The Centre for Covid-19 Situation Administration on July 12 imposed a partial ...

The Civil Aviation Authority of Thailand on Sunday suspended most domestic flights in a bid to prevent inter-provincial travel amid the worsening Covid-19 crisis. The order will come into effect from Wednesday.However, airlines are still allowed to operate cargo, international and domestic flights under special ...

The Commerce Ministry looks set to propose negotiation frameworks for the Thai-EU free trade agreement (FTA) and Asean-Canada FTA for cabinet approval in the third quarter, aiming to boost the country’s exports.Speaking after the Joint Public and Private Sector Consultative Committee on Commerce meeting yesterday, ...

Criticism has flared over a draft royal decree meant to regulate digital platforms providing services in Thailand as participants at a public hearing on Thursday voiced concerns about unequal enforcement for local and foreign operators, additional burdens on operators, and the risk of abuse of ...

The Deputy Governor of Phuket province has confirmed that the Phuket Sandbox project has proceeded as planned after 14 days of allowing visitors to enter without having to quarantine, despite turnout not being as high as expected, with just over 4,500 people arriving so far, ...