Economy and industry

In June 2020, Thailand’s government approved new amendments to the Civil and Commercial Code (CCC) to simplify the process of setting up and conducting business in the country. It is anticipated that the proposed amendments will become law towards the end of 2020 or the ...

The adoption of robotic process automation (RPA) technology in Thailand is projected to keep rising as a slew of businesses are gearing up for business process re-engineering with automation to improve their performance, says ABeam Consulting Thailand, the local operating unit of the Japan-based consulting ...

Since the resignation of Energy Minister Sontirat Sontijirawong, the vacant post has been highly sought after by ambitious power brokers not for its budget, one of the smallest in government, but for its control of lucrative energy contracts plagued by graft and corruption.A running joke ...

Authorities have pushed the adoption of hourly wages while labour activists remain wary that employees in some industries would be further exploited.As unemployment soars in the wake of the coronavirus outbreak — 9 million Thais are forecast to lose jobs as a result of the ...

Market Overview Thailand’s logistics performance significantly improved in 2018, owing to the massive investment in transport infrastructure and relevant legal reforms. According to the World Bank’s Logistics Performance Index 2018, Thailand rose to the 32nd place in 2018 from 45th in 2016.Keep reading ...

Moving on, the Travel Together (T-Together) campaign is selling like hotcakes as more than 4.5 million people have already signed up for the travel subsidy.Keep watching ...

Auramon Supthaweethum, director general of the Department of Trade Negotiations, said at the “38th High Level Task Force on Asean Economic Integration” teleconference, the permanent secretaries will evaluate the progress Asean Economic Community (AEC) has made since it was established in 2015.They will also discuss ...

The Chinese appetite for Thai durians remains strong despite the coronavirus pandemic and weak global demand for goods.According to Commerce Ministry data, Thailand exported US$567.29 million worth of durians to China in the first four months of 2020, up 78% year-on-year from the same period ...

With the introduction of Phase 6 of easing Covid-19 lockdown restrictions, businesses have reopened and begun hiring, but migrant workers, who went home and waited for outbreak to end, now find themselves on the outside looking in, unable to reenter the kingdom and get back ...

The government should take advantage of the coronavirus crisis to attract investment in the Eastern Economic Corridor (EEC) and make Thailand a standout among neighbouring countries as the most preferable investment destination, says the Federation of Thai Industries (FTI).“Thailand needs to start stimulating investment now, ...