Economy and industry

Exports up for first time in 6 months

Exports rose for the first time in six months in January, largely driven by shipments of oil and gold.The Commerce Ministry reported on Monday that customs-cleared exports rose 3.35% year-on-year in January, fetching US$19.62 billion, with imports dropping 7.86% to $ 21.18 billion, generating a ...

Phusadee Arunmas

Finance Ministry earmarks B100bn for tourism

The Finance Ministry is preparing to offer 100 billion baht in soft loans as a lifeline to coronavirus-ravaged tourism operators as part of new relief measures that will seek the cabinet’s approval by early March.The soft loans, sponsored by the Government Savings Bank (GSB), will ...

Wichit Chantanusornsiri

High-tech provides vital help in virus control

AI technology, big data and 5G are playing bigger roles in the nationwide novel coronavirus control to help identify cases and also develop vaccines and treatment. The examples of how high-tech is changing the development of the battle with the virus are fascinating.Keep reading ...

Economist warns of adverse impact on economy from political conflict

An economist on Saturday warned that dissolving the Future Forward Party could aggravate political conflicts and take a toll on the economy.Anusorn Tamajai, the director of the Economic and Business Research Centre for Reform at Rangsit University’s Institute of Economics, on Saturday (February 22) commented ...

The Nation Reporter

Line shares stats on user behaviour

Line Thailand shared insights into user behaviour at an event in Bangkok called “Line Nexplosion” on Wednesday (February 19), aiming “to help build a new era of business”.Its figures from 2019 indicated that 59 per cent of users were women and 41 per cent were ...

The Nation Reporter

Finance Ministry to unveil new aid package

The Finance Ministry is set to roll out a fresh stimulus package this quarter large enough to jump-start economic growth momentum, says Finance Minister Uttama Savanayana.The prospective measures will help bolster consumer confidence, the tourism sector and business operators, he said.Keep reading ...

Wichit Chantanusornsiri

Industry Ministry eyes 2.2% gain in productivity in two years

The Industry Ministry has set a target to increase industrial productivity by 2.2% by 2022 and raise Thailand’s competitiveness by enhancing labour skills and leveraging technology and innovation.Kobchai Sungsitthisawad, the industry permanent secretary, said Thailand should increase productivity by using existing resources.Keep reading ...

Lamonphet Apisitniran

E-commerce, digital content rise as virus outbreak takes hold in China

The Trade Policy and Strategy Office (TPSO) says e-commerce and digital content are gaining ground in China amid the coronavirus (Covid-19) outbreak.Pimchanok Vonkorpon, TPSO’s director-general, said the trends of e-commerce and digital content were gathering momentum as Chinese people tended to stay home during the ...

The Nation Reporter

Government to introduce major tourism sector packages this March [Video]

The government is planning to introduce major economic assistance measures to help the tourism sector which is being hardly hit by the COVID-19 outbreak.Keep watching ...

NESDC lowers 2020 economic growth estimate

Thailand’s economy grew by 2.4 per cent in 2019, lower than the previous estimate of 2.6 per cent, the National Economic and Social Development Council (NESDC) said on Monday (February 17).The NESDC said gross domestic product in the fourth quarter of 2019 expanded by 1.6 ...

The Nation Reporter

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