Economy and industry

Cabinet okay to be sought for new Bangkok, Nakhon Nayok, Saraburi expressway link

The Expressway Authority of Thailand (ETA) will propose the first stage of the Chalong Rat-Nakhon Nayok-Saraburi expressway project this month once it gets the go-ahead from the economic advisory council on Wednesday.ETA governor Surachet Laophulsuk was speaking to reporters on Tuesday after ETA completed a ...

BoI partners with FTI to promote BCG investments

The Board of Investment (BoI) has joined hands with the Federation of Thai Industries (FTI) to push ahead with new investments in targeted industries in line with bio-, circular and green (BCG) economic development. A joint committee will be set up by the two institutions to ...

Bangkok Post Reporter

Thai economy may miss forecast next year as global growth slows

Thailand’s economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but this year’s outlook should still be achieved, the finance minister said on Tuesday.Slowing exports will not affect the ministry’s growth outlook of 3.4% for this year ...

E-sport a gamechanger for Thailand’s digital economy

E-sport is not just a leisure pursuit but also a big opportunity to boost Thailand’s digital economy, Democrat Party member Watanya Bunnag said on Sunday.However, the main obstacle to Thai e-sport development is the lack of government support, she added.Watanya, also known as “Madame Dear”, ...

The Nation Reporter

Government gives the go-ahead for tax on share sales in stock exchange

After more than 30 years of exemption, the Thai Cabinet on Tuesday approved levying a financial transaction tax for trades in the Stock Exchange of Thailand (SET).The plan to tax SET traders has been around for 30 years, but it has always been waived by ...

The Nation Reporter

'Koh Lan residents' prepare to create 'island rules' and make an agreement on 'environment-tourism-living'

“Koh Lan community members prepare a draft of “Koh Lan Charter” as a rule for living – tourism. It will be a resolution for resources sharing in Koh Lan for the first time, laying out 4 main concerns: reduce wastewater into the sea; use of ...

Thailand's tourism industry rebounds as it heads into high season

Tourist arrivals in Thailand have been promising – with 3.12 million international travellers turning up in the first seven months of the year.The authorities and industry players are optimistic but the nation, which before the Covid-19 pandemic relied heavily on tourism, is not out of ...

Termination of Employment in Thailand

According to Thai labour laws, an employer is empowered to terminate an employee’s employment at its will, except for members of the Employee Committee which requires a court order for dismissal. However, the consequences of dismissal with and without statutory causes under the Labour Protection ...

Bangkok Post Reporter

Thailand Inflation Moderates Ahead of Central Bank Rate Decision

Thailand’s core inflation surged to the highest since 2008 on higher energy and food costs, piling pressure on the nation’s central bank to start raising interest rates.Core price gains, which strips out volatile food and fuel items, was 3% in July, quickening from 2.51% a ...

Thai central bank to test retail digital currency late this year

Thailand’s central bank said on Friday (Aug 5) it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative payment option.During the testing, the retail central bank digital currency (CBDC) will be used in conducting cash-like ...

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