Economy and industry

ASEAN recorded a 13 percent increase in trade with dialogue partner countries last year, with China declared the top trader in the region. Director-General of the Department of Trade Negotiations Auramon Supthaweethum revealed today that the ASEAN Secretariat has released a report on the value ...

MITSUBISHI Fuso Truck and Bus Corporation (MFTBC), a unit of Daimler Trucks, yesterday announced the construction of a new assembly plant in the Eastern Economic Corridor (EEC).The company will invest 12 million euro (Bt450 million) in a complete knock-down (CKD) assembly plant in Rayong province, ...

CAT Telecom and Thailand Post are promoting the use of online platforms to support small and medium sized business in the country. CAT Telecom expects around a million users to download via the iget Mart application. Keep reading ...

Khon Kaen’s ambitious plan to develop its own light rail network is about to be realised as the proposal will be vetted by the Land Traffic Management Commission later this month, chaired by Deputy Prime Minister Somkid Jatusripitak. If the commission approves the Khon Kaen ...

SET-listed WHA Utilities and Power Plc (WHAUP) is considering massive capital spending over the next five years for utility capacity expansion to tap rising demand from the Eastern Economic Corridor (EEC) scheme.Keep reading ...

The long-awaited Thailand Future Fund (TFF) looks set to be allocated to the public in the second week of October, with at least 60% of its units being offered to retail investors, says the head of the State Enterprise Policy Office (Sepo). Finance Minister Apisak ...

Thailand and Laos have engaged in negotiations to reduce trade and investment barriers, with the aim of creating a logistics network that will boost bilateral trade to 11 billion US dollars by 2021, up from 6.1 billion dollars last year. Commerce Minister Sontirat Sontijirawong, today ...

No national project of global reach carries as much stake and attracts as much attention as China’s Belt and Road Initiative (BRI). Conceived in 2013, the BRI is the colossal brainchild of President Xi Jinping and his government. Keep reading ...

Prime Minister Prayut Chan-o-cha yesterday mandated that the National Economic and Social Development Board (NESDB) and the Board of Investment (BoI) jointly revise the investment target for 10 special economic zones (SEZs) to make them more attractive to investors. The two agencies met the SEZ ...

Thai Airways International Plc (THAI) will propose a revised turnaround plan for the flag carrier to the State Enterprises Policy Commission on Sept 12. The new strategic plan is expected to help THAI exit the business rehabilitation process, said chairman Ekniti Nitithanprapas. Keep reading ...