Economy and industry

Thailand is one of top three countries in region at a stage of development to incorporate 4th industrial revolution (4IR) technologies. Oil and gas, chemicals and utilities are the top three industries adopting 4IR in the country.Naveen Menon, Cisco’s president for Asean, said that manufacturing is ...

Southeast Asian countries, among some of the biggest beneficiaries of Chinese investment, do not trust Beijing and believe their governments should be cautious when negotiating on President Xi Jinping’s flagship Belt and Road Initiative.Keep reading ...

The Cabinet has greenlighted three water projects with a total budget of 24 billion baht as well as road accident prevention measures.Keep watching ...

The Board of Investment (BoI) has increased its target for investment into the country lured by its privileges in spite of the uncertain economic conditions. While the 2019 target of Bt750 billion exceeds that of last year’s Bt720 billion, it has been described as conservative.Keep ...

Expectations for sluggish economic growth this year are firming, with the nation’s peak private-sector grouping flagging potential hits to exports and tourism from the prospect of simultaneous slowdowns in China and the United States and the trade war they are waging.Keep reading ...

Business operators have an optimistic outlook on the country’s GDP in 2019, thanks to the upcoming general election, implementation of the Eastern Economic Corridor (EEC) and the coronation ceremony for His Majesty the King. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said the ...

Thailand’s ban on artificial trans fats came into effect Wednesday (Jan, 9), making the country the first in Asean to ban the production, import and sale of partially hydrogenated oils, as well as any food that contains them, said the Public Health Ministry. Derived from ...

The College of Management at Mahidol University (CMMU) revealed the online market research finding that influencer marketing has become a more appropriate and persuasive approach to reach consumers than traditional marketing, especially “Micro Influencer” with the trend to be influential and accepted by consumers in ...

Most exporters are worried about the baht appreciating against the US dollar, fearing it will hit exports and farm incomes amid the slowing of both local and global economies.“A stronger baht will hurt our rice price competitiveness amid weaker currencies in the region, such as ...

As chair of Asean this year, Thailand is set to host the first senior economic official meeting (Seom) during Jan 12-18 in Bangkok, highlighting 12 key economic issues as top priorities. Auramon Supthaweethum, director-general of Trade Negotiations Department, said the issues for the first Seom ...