Economy and industry

Thai Government claims GSP move by US unrelated to chemicals ban

Prime Minister Prayut Chan-o-cha became aware of the US plan to suspend US$D1.3 billion in trade preferences for Thailand, under the Generalized System of Preferences program, about a month ago and says the US action is not related to Thailand’s banning of paraquat, glyphosate and ...

NIDA Poll: Thais are worried that the ongoing political conflict will hurt the economy.

Despite the general election, Thais think that the political division still persists and it can threaten overall economic performance and their income, according to latest survey carried out by the National Institute of Development Administration, or NIDA Poll.The survey results showed that a majority of ...

Thailand seeks clarity on scrapping of US trade preferences

Thai government and business leaders are seeking clarification from the United States about the planned suspension of $1.3 billion (39.2 billion baht) in trade preferences, ostensibly because of failure to curb labour abuses in the fishery industry.The suspension, to take effect on April 25, will ...

Bangkok Post Reporter

Many Thai products to lose GSP privileges in the US

Thailand’s Department of Foreign Trade will announce on Monday the details of its suspension of duty-free treatment for some Thai products under the Generalised System of Preferences (GSP).This follows US suspension on Friday of such preferred treatment for Thai products worth around US$1.3 billion, citing ...

The Nation Reporter

Egat prepares to shut down Mae Moh mine

State-run Electricity Generating Authority of Thailand (Egat) is about to decommission the operation of its lignite coal mine in Mae Moh district of Lampang province.Tawatchai Jakpaisal, deputy governor for the fuel sector at Egat, said before the mine is closed, the authority is conducting a ...

Yuthana Praiwan

Govt agencies to focus on development of SMEs to complement S-curve industries

In the next fiscal year, the Industrial Promotion Centre Region 9 (IPC9) under the Department of Industrial Promotion (DIP) will focus on improving SMEs to support S-curve industries in the future.The move will also complement the infrastructure the government has invested in and the expansion ...

The Nation Reporter

Land transport dept to improve quality of public transport

The Transport Minister has instructed the Department of Land Transport (DLT) to improve the quality of public transport services and launch social media channels for commuters to file complaints.Keep watching ...

Blockchain technology to protect Thai aquaculture sector workers

Diginex, a global blockchain solutions company, has signed a long-term agreement with Verifik8, a data intelligence and analytics provider for agribusiness suppliers, to help protect workers in the aquaculture sector in Thailand from exploitation by utilizing blockchain technology.Keep reading ...

Your data isn’t safe in Thailand

ASEAN has a problem as far as personal data protection goes, and at the bottom of this rung sits Thailand. In a study of privacy and surveillance of 47 countries – four of which are ASEAN – by British tech website Comparitech, Thailand was ranked ...

Sheith Khidhir

Thailand, Myanmar agree to use baht, kyat for cross-border payments

Veerathai Santiprabhob, governor of the Bank of Thailand, and his Myanmar counterpart U Kyaw Kyaw Maung, signed two memoranda of understanding (MoU) on October 18 during the IMF-World Bank meeting in the US. The signing was witnessed by Myanmar’s Minister for Planning and Finance U ...

The Nation Reporter

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