Economy and industry
Thailand’s Digital Transformation Boosts Data Industry
Enhancing the competitiveness of the local business environment and enabling a transparent government to provide its citizens with equitable access to public services and their data by utilising digital technology are central to Thailand’s national development plan, “Thailand 4.0”.The advancements made by Thailand in implementing ...
Bangkok Post Reporter
TAT launches Hug Thais project to revitalise battered tourism industry
The Tourism Authority of Thailand (TAT) has partnered with the Thai Chamber of Commerce (TCC) to launch the Hug Thais project aimed at stimulating Thai and foreign tourists’ spending to revive the economy.Phiphat Ratchakitprakarn, minister of tourism and sports, said, “The Hug Thais project is ...
Bridge link to spur economy
The Thai economy will be powered by a southern land bridge megaproject, which will connect the Gulf of Thailand with the Andaman Sea, as part of the state’s ambitious plan to make Thailand a logistics hub in Asean, says Transport Minister Saksayam Chidchob.The minister highlighted ...
Bangkok Post Reporter
BoT revises growth forecast to 1.8%
The Bank of Thailand (BoT) has slashed the country’s economic growth forecast again for this year to 1.8% from an earlier projection of 3%, due to lower foreign tourist arrival estimates and lower domestic demand due to the third wave of Covid-19.Under the downside risk ...
Bangkok Post Reporter
What may delay or even cancel Phuket sandbox plans
Thailand’s tourism sandbox scheme kicks off on July 1 with Phuket opening its doors first before the scheme expands to Surat Thani’s three islands on July 15.Some factors, however, may prompt the Centre for Covid-19 Situation Administration (CCSA) to put the brakes on the programme ...
The Nation Reporter
Exports show surprise bounce on global economic recovery
Thailand’s exports in May bounced by a better-than-expected 41.59 per cent from a year earlier, the highest rate seen in 11 years, from low base levels induced by the pandemic in 2020, the Ministry of Commerce said Thursday.The figure beat a Reuters forecast of a ...
Thailand greenlights quarantine-free travel model for Phuket
Thai authorities on Tuesday (Jun 22) greenlighted a pilot model for quarantine-free travel to ultra-popular beach destination Phuket, a first step towards the tourist-hungry kingdom’s goal of resuscitating its pandemic-battered economy.Thailand has imposed strict restrictions on visitor arrivals in order to stem COVID-19 infections, but ...
NESDC outlines key areas of focus to become the top economy in Asean
The National Economic Development Council (NESDC) aims to make Thailand Aseans biggest economy, suggesting four areas to increase potential.NESDC secretary-generalDanucha Pichayanan said Thailand’s competitiveness ranking by the Institute of International Institute for Management Development (IMD), Switzerland, was at 28 out of 64 countries, up one ...
The Nation Reporter
Thailand’s long-term R&D outlook remains positive
Thailand’s long-term R&D outlook remains positive NXPO pledges confidence with post-Covid measuresThe research & development (R&D) investment survey undertaken by the Office of National Higher Education Science Research and Innovation Policy Council (NXPO) and the National Research Council of Thailand (NRCT) in 2019, found that ...
TAT signs pact to make Thai tourism sector more environmentally friendly
In a bid to prepare for the world opening up after Covid-19 has been defeated, the Tourism Authority of Thailand (TAT) has signed a memorandum of understanding (MoU) with two agencies to promote low-carbon tourism and build awareness on climate change.TAT signed the MoU with ...
The Nation Reporter
