Economy and industry

The Thai economy stayed on the path of deceleration in October, the Bank of Thailand said in a report yesterday (November 29).The value of merchandise exports continued to contract, mainly due to the economic slowdown of trading partners, consistent with deterioration in manufacturing production and ...

The government’s “Eat, Shop, Spend” campaign has been highly successful in all three phases in boosting domestic consumption, a Finance Ministry official said.Lavaron Sangsnit, director-general of the Fiscal Policy Office and Finance Ministry spokesman, said the campaign had been especially successful in boosting spending via ...

Just over a week ago, many people in Thailand, particularly those in highrises, were thrown into panic when their buildings were swaying. They didn’t know at the time that a strong earthquake had just hit inside Lao borders near Nan’s district of Chaloem Phrakiat.The shallow ...

Citizens’ confidence is strengthening in the Thai economy’s six-month outlook, according to a Regional Confidence Index compiled with data from 76 provincial treasury offices. The Thai Chamber of Commerce and Federation of Thai Industries announced the conclusion on Thursday (November 28).Keep reading ...

The European Association for Business and Commerce (EABC) on Friday (November 29) called for enhanced competitiveness, further improvement of ease of doing business, and negotiation of an EU‐Thailand Free Trade Agreement.The EABC said these factors were crucial to strengthen Thailand’s economy, support the Thailand 4.0 ...

Farmers from the People’s Council for the Sufficiency Economy Philosophy submitted a petition at the Ministry of Energy on Thursday (November 28) seeking support for solar-powered pumps and community power plants.Anurak Saenviang, Piya Pookchit and Supol Muensriprom led more than 10,300 people from various groups ...

Thai operators have been urged to provide products for inclusive tourism to facilitate tourists with disabilities and the elderly.The Social Development and Human Security Ministry estimates there are about 2 million people with disabilities in Thailand, half of whom are elderly and in wheelchairs.Thailand is ...

As the Thai Baht soars and the economy lags household debt in Thailand has risen to a record high of 340,000 baht per household. According to a poll on household debt, conducted by University of the Thai Chamber of Commerce.Thanawat Polvichai,  a director at UTCC ...

Thailand’s Highways Department says all national highways in the country will be four-lane roads, two lanes in each direction, within three years.Daily News says the Director-General of the Highways Department, Sarawut Songsiwilai, made the announcement yesterday. Sarawut says the expansion will mean the country’s highways ...

The Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission.The move will reduce unnecessary procedures and costs, and ...