Economy and industry

The ratio of household debt to GDP has risen by 78.8 per cent meaning that Thai citizens have combined debts of Bt13 trillion debts, the second-highest in Asia, according to a recent seminar on the subject of household debt and homeownership organized by the Real ...

Thais can profit from plastic waste, as well as help the environment, by adopting a more circular economy, according to one of the world’s largest plastic producers, Indorama Ventures Plc.The company’s senior vice-president Richard Jones told the Bangkok Post last week that plastic waste deserves ...

Instant noodles, snacks and seasoning powder have been targeted for taxation on salty foods, with the Excise Department likely to apply World Health Organisation (WHO) guidance on dietary sodium intake capped at 2,000 milligrammes per day as a benchmark to determine the levy rates.Keep reading ...

The government must encourage the use of bicycles by building more sky lanes for bikes, the chief of the engineers council has suggested.Professor Suchatvee Suwansawat, president of the Council of Engineers Thailand, said that currently traveling on a bicycle in Bangkok was full of pitfalls, ...

In September, Thailand’s exports contracted 1.4 per cent year on year to US$20.481 billion (Bt319.88 billion), while imports contracted 4.2 per cent year on year to $19.206 billion, resulting in a trade surplus of $1.275 billion.Exports during the first nine months of this year dropped ...

What makes Asia the most popular destination in terms of medical tourism? Blame it on lack of specialised treatments in home countries or credit it to the cost-effectiveness of the treatments available in Asia – all these factors combined with ease of travel with lax ...

Human traffickers in Thailand have ignored court orders to pay compensation to victims in more than the 99% of convicted cases in recent years. The flouting of the court orders is fuelling fears that many survivors could be victimised again.Thai courts have ordered traffickers to ...

Nearly half of Thailand’s citizens aged 18-65 are spending everything they earn on monthly bills and living expenses, leaving them with nothing to put aside as savings. A study carried out by GoBear, an international financial comparison site, reveals that the highest percentage of people ...

The Commerce Ministry has come up with four strategies to boost export next year, including plans to expand existing major markets, namely the US, European Union, Japan, China and Asean.Somdej Susomboon, acting director-general of the Commerce Ministry’s Department of International Trade Promotion, said the second ...

An analyst has indicated that the government’s ‘taste, shop, spend’ campaign boosted domestic spending, amid the ongoing trade war between the U.S. and China and the local flood disaster.Keep watching ...