Economy and industry

Thailand’s economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house.GDP contraction has been upgraded to 6.4% from a 10.3% decline projected previously, ...

The government threatened on Tuesday not to buy electricity from Sanakham dam in Laos after it learned the project might affect the Mekong River.“The country’s territory is our paramount concern,” Somkiat Prajamwong, secretary-general to the Office of National Water Resources, said on Tuesday after a ...

The government will accelerate investment next year in the areas of digital, wellness and the green economy, Finance Minister Arkom Termpittayapaisith says.Speaking at the Bangkok Post International Forum 2020 “Beyond the Pandemic: A Decade of Challenges from 2021” at Centara Grand at CentralWorld, Mr Arkom ...

The Permanent Secretary for Finance has stated that the Thai economy next year is expected to grow by 3.5-4.5 percent, adding that his ministry will soon unveil more economic stimulus measures as New Year gifts for people.Keep watching ...

The Cabinet has approved three new job and income promotion campaigns in communities, focusing mainly on the promotion of jobs and improved incomes in local communities.Keep watching ...

Thai government agencies announced at Nov. 23, 2020 media event in Bangkok they are now harnessing the power of NASA air quality data and expertise through a unique partnership with SERVIR.A joint initiative between the Capacity Building program area and the United States Agency for ...

The Digital Economy Promotion Agency (Depa) plans to roll out an artificial intelligence (AI) university project and drone academy next year, as part of the agency’s plan to drive digital skills and support the digital economy.The AI university project is meant to provide AI knowledge ...

The economy is expected to grow 4% in 2021 after a slump this year and fiscal policy will support a tourism-reliant economy struggling from the impacts of the coronavirus pandemic, the finance minister said on Monday.The economy shrank a less than expected 6.4% in the ...

The Bank of Thailand has moved forward measures, originally meant to begin early 2021, but most of which will now take effect from end of this month. The end result is that the new rules will make it easier for Thais to shuffle money overseas ...

The Tourism Authority of Thailand (TAT) will next year launch campaigns and special travel packages that target a new, unique group of tourists.Thapanee Kiatphaibool, TAT executive director of tourism products, said the aim was to create travel packages for single people, such as boat trips ...