Economy and industry

Cabinet OKs new perks for tourism

The economic cabinet on Friday approved a new round of tourism measures, aiming for the number of foreign visitors to reach 39.8 million and generate 2.04 trillion baht this year.Kobsak Pootrakool, deputy secretary-general to prime minister Prayut Chan-o-cha for political affairs, said the new tourism ...

Chatrudee Theparat

PM sees Thailand as ASEAN’s digital hub

To help promote small businesses and increase product value to generate more national revenue, the Prime Minister has pledged to fulfill requests from startup businesses to streamline government regulations in order to reduce costs of foreign technology imports.Keep reading ...

Tanakorn Sangiam

World Bank slashes Thailand’s GDP from 3.5 to 2.7 per cent

The World Bank has reduced its forecast for Thailand’s economic expansion in 2019 from 3.5 to 2.7 per cent, while 2020 speculation was also brought down to 2.9 per cent from the earlier figure of 3.9 per cent.The World Bank had predicted in April that ...

The Nation Reporter

Lack of critical thinking makes Thailand's competitiveness ranking slip

Thailand could improve its competitiveness among nations by tackling its weakest points – a lack of critical thinking in teaching, failure to dominate any markets, and unsafe drinking water, according to Switzerland-based World Economic Forum.Keep reading ...

Wichit Chaitrong

Regional growth slows under trade tensions and global uncertainties: World Bank

Growth in developing East Asian and Pacific economies is expected to slow from 6.3 per cent in 2018 to 5.8 per cent in 2019 and then to 5.7 and 5.6 per cent in 2020 and 2021, respectively, according to a World Bank news release on ...

The Nation Reporter

Consumer confidence continues decline

The Consumer Confidence Index fell again in September for the seventh consecutive month despite the introduction of economic stimulus measures, the director of the University of the Thai Chamber of Commerce’s Centre for Economic and Business Forecasting said on Thursday (October 10).Keep reading ...

The Nation Reporter

Community power plants considered as means to fight air pollution

Energy Minister Sontirat Sontijirawong said as part of measures to reduce air pollution, the Department of Energy Development and Promotion will hold a public hearing on Wednesday (October 9) on community-based power projects.He added that his ministry will also complete plans to promote the use ...

The Nation Reporter

Digital Economy and Society Ministry's WiFi demand draws flak

The Digital Economy and Society (DES) Ministry’s demand that all cafes store data passing through their WiFi connections has drawn flak from shop owners, especially small-scale operators, who said the measure would impose a financial burden on them, including server expense.Keep reading ...

Bangkok Post Reporter

Push to boost cross-border economic ties with Mekong-Lancang countries

Commerce Minister Jurin Laksanawisit said on Monday (October 7) that the Cabinet has approved a proposal for cross-border economic ties under the Mekong-Lancang cooperation framework.The director-general of the Department of Trade Negotiation has also been given the job of visiting Laos on October 8 to ...

The Nation Reporter

Labour groups submit complaints on World Day for Decent Work

Three groups of labourers from the Labour Network, Slum Network in Four Regions, and Assembly of the Poor converged on Government House today (October 7) to deliver letters of complaint to the administration, seeking improvement in working conditions on the occasion of World Day for ...

The Nation Reporter

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