Economy and industry
Thai economy to expand 4 percent next year: ADB
Thailand’s economy will grow 4 percent in 2021, more than 1 percentage point lower than Southeast Asia’s average, according to the Asian Development Bank (ADB).In its latest forecast, ABD downgraded the ASEAN region’s outlook for 2021, with Southeast Asia now expected to grow 5.2 percent ...
Geopolitics plays out on the Mekong with doubts on dams and promises of cooperation
Recent weeks have seen new developments in the ongoing tension over the Mekong river and its waters, as the river basin faces ecological crises and its waters play an ever-larger role in geopolitics.Thailand has announced that it is reconsidering its decision to purchase power from ...
Thai giants to ink Myanmar pact
Four massive Thai conglomerates — B.Grimm Group, Amata Corporation, PTT and Global Power Synergy — have entered into an agreement to develop an 800-square-kilometre industrial estate in Myanmar.A memorandum of understanding is expected to be signed by the beginning of next year, said B.Grimm chairman ...
Bangkok Post Reporter
Thai Central Bank Says GDP May Be Worse Than Expected Next Year
Thailand’s gross domestic product could underperform next year if tourism remains weak, even as this year’s economic performance may beat sharply reduced forecasts, the country’s central bank head said Friday.All reasonable policy options are on the table in such a situation, although there’s currently no ...
Ministry sees four-year test for tourism sector
The tourism industry, which accounts for 12% of Thailand’s GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.While several financial authorities and think tanks project Thailand’s economy will fully recover over the next two years, ...
Wichit Chantanusornsiri
JSCCIB asks for stimulus continuation
Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is urging the government to extend its economic stimulus campaigns for 3-6 months to continue ongoing efforts to boost spending.The call is being made as the economy has not fully recovered in the wake of the ...
Bangkok Post Reporter
New community-based route launched for post-Covid tourism
The government has unveiled a model tour for its community-based tourism policy tapping Thailand’s many canals and waterways. The model route is located in Ratchaburi, 80 kilometres west of Bangkok.It consists of four historical and agricultural sites – Chotikaram Temple, Jek Huat’s house, Lao Tak ...
The Nation Reporter
Cyberbullying On The Rise
Bullying has always been a problem for many people and societies since time immemorial. Now, with the increase of social media usage around the world, bullies have taken to the internet to proceed with their evil deeds. While technology has improved our lives in general, it ...
State data-sharing platform set for 2023
The Digital Economy and Society (DES) Ministry aims to use a centralised data-sharing government platform by 2023 through the Government Data Center and Cloud (GDCC) service as part of efforts to boost public services within a single window for data access.GDCC is the central cloud ...
Komsan Tortermvasana
Thai export sector hit by rising shipment costs, labour shortage
Thailand’s private sector is confident the global economic outlook will improve next year, said Kalin Sarasin, chairman of the Thai Chamber of Commerce.However, he said the Thai export sector is facing rising shipment costs and a shortage of both containers and labour.Keep reading ...
The Nation Reporter
