Economy and industry

The tourism industry will serve as a key driver for Asean countries to increase their investments in infrastructure and improve the living standards of people within the region, said Wouter Schalken, senior tourism specialist of the World Bank Group.Keep reading ...

Thailand’s ratification of an international protocol to prevent and eliminate force labor reflects Thailand’s intention to improve labor standards, the country’s government said.The protocol, which was signed by a representative of the Thai government on June 4 in Geneva, Switzerland, will enter into force on ...

Business leaders from the lower Mekong River are calling for their governments to use local currencies for border region trade to facilitate transactions and reduce exchange costs. Keep reading ...

Starting this month, the tiny and stunningly scenic Maya Bay off Thailand’s Andaman coast, made famous by Leonardo DiCaprio’s 2000 film The Beach, is closed to visitors. Two decades of being Thailand’s top tourist attraction has overwhelmed the island’s ecology.Keep reading ...

The Mekong Region’s tourism scorecards showed positive and stable growth in tourist arrivals over the last four years, but new challenges have emerged for the region.Keep reading ...

Thailand faces many challenges ahead as it seeks to transition the country to succeed in the era of automation and digitalisation with the 4.0 initiative.The country needs to prepare itself to meet Thailand 4.0’s manufacturing environment as well as respond to the expansion of Chinese ...

Thailand’s Board of Investment (BOI) offers a range of tax and non-tax incentives to foreign companies making investments that are deemed highly beneficial to the Thai economy.In 2015, the BOI announced a new seven-year investment promotion strategy (2015-2021) that offers special privileges to foreign investors. ...

For the past year no visitor to Thailand on government business has been spared the pre-sales spiel on the country’s plans to develop its eastern seaboard into a major economic corridor. With the Eastern Economic Corridor Development Act  (EECDA) coming into effect mid last month ...

The junta’s controversial 20-year national strategy is all but ready for the National Legislative Assembly (NLA) to debate and the government will give priority to implementing projects that raise people’s incomes, Kobsak Pootrakool, the Minister of the Prime Minister’s Office, said yesterday (June 6).Keep reading ...

Energy policymakers gave the green light to start buying solar power generated from private buildings and households once again after postponing the programme for more than four years. Private buildings and households that are accepted by the programme will sell surplus solar power to the ...