Economy and industry

The cabinet on Monday gave the go-ahead to the national e-commerce development action plan phase I, which spans 2021-2022 and aims to boost e-commerce revenue to more than 5.35 trillion baht next year.Rachada Dhnadirek, a deputy government spokeswoman, said the Commerce Ministry’s action plan will ...

Private investment declined in July as a result of the prolonged pandemic, but the export sector has continued to expand for five consecutive months, said Fiscal Policy Office deputy spokesperson Wuttipong Jittungsakul.On Monday the office published economic data for July, which revealed that sales of ...

Exports across Thai borders rose to over 90 billion baht in July, a 41.7 percent increase. Deputy Prime Minister and commerce minister, Jurin Laksanawisit, said Thailand’s border commerce and trade grew 29 percent to a value of 147 billion baht in July.Keep watching ...

Domestic airlines will soon resume commercial flights out of Bangkok, a Covid-19 dark-red zone, as transport restrictions are eased amid tight enforcement of health and safety regulations.A Transport Ministry source said the Civil Aviation Authority of Thailand will begin permitting airlines to fly into and ...

For the upcoming tourism high season, which usually starts in early October, the country is likely to have five destinations taking part in reopening schemes and another two joining extension programmes.Among those seven destinations, only Phuket has opened entirely to inoculated tourists, while the rest ...

As the pandemic has driven businesses in many industries to accelerate digitalisation, the most attractive investment trends for the post-pandemic era are innovation, technology, digital health, smart logistics and environmental social governance (ESG), Pakorn Peetathawatchai, Stock Exchange of Thailand (SET) president, said at the Thailand ...

The Thai economy is well placed to weather the impact of the Covid-19 pandemic, the central bank said Wednesday, citing strong foreign reserves and a resilient banking system.Although the nation’s economy is likely to recover more slowly than regional peers, it is highly resilient in ...

The Thailand Board of Investment (BOI) has revealed its commitment to digitilisation by announcing a new focus on the development of Thai IT personnel and upgrading business infrastructures to meet global standards.The BOI plans to reorganise its digital-related activities under a single concept as “Development ...

Thailand’s unemployment rate in the second quarter dipped from a 12-year high in the previous three month, but restrictions to contain the country’s biggest coronavirus outbreak are likely to impact more jobs, the state planning agency said on Wednesday.The Southeast Asian country’s latest outbreak that ...

The Bank of Thailand (BOT) announced on Monday that it had not instructed commercial banks and financial institutions to slash the amount owed by debtors, but to instead restructure debts.BOT issued the statement after the Thai Bankers Association (TBA) voiced concerns over a circular issued ...