Economy and industry

Thailand’s central bank said it has expanded the scope of a facility set up to provide liquidity to mutual funds and it will now encompass all types of money market funds as well as daily fixed income funds.The central bank is ready to consider additional ...

Despite exports falling in February and the stampede of negative factors that have ensued, the Commerce Ministry still sees room for Thai export growth this year.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said Thailand is competent in the food and agricultural industries ...

Tourist arrivals in Thailand sank 42.78% in February from a year earlier after a 2.46% rise in the previous month, due to the coronavirus outbreak, tourism ministry data showed on Monday.A total of 2.06 million tourists in February spent about 103.7 billion baht, down 43.9% ...

Meet the Govt is a new series by e27 that focus on how government agencies in Southeast Asian countries work together with startups and other industry players to build a healthier and stronger ecosystem.Incepted in 2009, The National Innovation Agency (NIA) has been playing a ...

Dialogue partners remain committed to signing the Regional Comprehensive Economic Partnership (RCEP) by the end of the year as scheduled despite the spreading coronavirus, which has put off most face-to-face meetings of Asean, the World Trade Organization, the Asia-Pacific Economic Cooperation and the RCEP in ...

Fresh stimulus measures announced by governments and central banks hiked the value of stocks in Thailand by almost 8 per cent on Friday (March 20).Cheered further by the rebounding crude oil price, the Stock Exchange of Thailand (SET) index closed at 1,127.24 for an increase ...

The Tourism Ministry is poised to return 1.4 billion baht in deposits to tour companies that registered with the Tourism Department, while acknowledging that a year-long pandemic could slash the number of international visitors in 2020 to 10 million.“If the pandemic is still uncontrollable on ...

The COVID-19 pandemic has already had various impacts on society and the economy. Now, the Cabinet has approved a measure to reduce water and electricity bills by 3 percent for three months, extending electricity and water bill payment deadlines for hotels, and returning guarantee deposits ...

The Ministry of Digital Economy and Society has joined forces with telecommunications operators and platform providers to support online work, in order to prevent the spread of COVID-19.Keep watching ...

Land transport from Thailand is expected to drop sharply this year.The Land Transport Federation of Thailand (LTFT) expects shipments overland to continue to drop because of the Covid-19 outbreak limiting demand worldwide.The organisation is concerned food exports will be particularly affected as food products and ...