Economy and industry

The state planning unit looks set to host public hearings and begin new feasibility studies of the so-called Thai Canal or 9A canal route and a double-track railway linking Chumphon and Ranong. The two development projects are key to the government’s economic development plan for ...

SRT Electrified Train Co Ltd (SRTET), operator of the Airport Rail Link, is seeking approval from the State Railway of Thailand (SRT) to reduce fares from Phya Thai to Suvarnabhumi Airport for three months from October onwards.The first low-fare promotion expired in June this year. ...

Thailand will have to tolerate the possibility of new coronavirus cases when it reopens its borders to international tourists, but the country can minimise the impact and avoid a bruising level of unemployment with risk management, says the Tourism Authority of Thailand (TAT).After the country ...

Facebook and the Mekong River Commission (MRC) Secretariat today launched a collaboration initiative to provide early flood alert and drought monitoring information to riparian communities and governments in the Lower Mekong region.The first of its kind, the collaboration aims to raise awareness among the general public ...

With no end in sight to the economic downturn caused by the Covid-19 pandemic, the government aims to put much of its aid effort towards fiscal stimulus to prop up the economy, though there are unfavourable consequences to this move.The newly formed Center for Economic ...

The Department of Energy Business has said that the daily usage of fuel in the past seven months has fallen by 13.8 per cent compared to the same period last year.Nantika Thansuphanich, the department’s director general, said the nationwide lockdown to curb the spread of ...

The biggest causes of worry for the general population are ongoing political conflicts and the planned purchase of two submarines, according to an opinion survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online on Aug 25-28 on 1,727 people throughout ...

The Bank of Thailand on Thursday issued a new debt relief measure aimed at reducing Thais’ interest rate burden from 16-25 per cent to 5.5-8.8 per cent.The debt consolidation measure will allow borrowers to bundle their credit card, personal and mortgage loans into one sum, ...

Thailand is finalizing a plan that would make it possible for retired, sun-seeking Europeans to spend the upcoming winter months in the country in an effort to save its ailing tourism industry.Although the Asian nation’s borders have been closed to most foreigners since late March ...

Thai companies must speed up their digital transformation to avoid the impact of a wave of disruption within the next five years, warns a new report by Deloitte Thailand.The Covid-19 crisis will accelerate that digital transformation, the report adds.Ninety-one executives from several industries participated in ...