The military government can look to 2017 for the economy’s best performance in five years, but the strength of the recovery is expected to wane. Gross domestic product probably increased 3.8% last year, the fastest pace since 2012, before easing to 3.7% this year and to 3.6% in 2019, according to a Bloomberg survey. Once […]
Read MorePRIVATE ENTERPRISES have expedited investments in the Eastern Economic Corridor (EEC), regarded as one of the main economic drivers for the country. Late this year, the Thai economy picked up continuously from growth in exports and tourism. Another driver of economic growth is private investment. Large-sized listed companies have continuously invested, particularly in the EEC […]
Read MoreThe Eastern Economic Corridor Office of Thailand (EECO) has set out regulations, methods, conditions and procedures for the Public-Private Partnership (PPP EEC Track) to be applied to five mega-projects as part of the industrial corridor’s development. Ekniti Nitithanprapas, director general of the State Enterprise Policy Office, said government policy aims to propel these projects through […]
Read MoreThailand’s 2017 tuna exports are expected to fall 1% shy of the 76.3-billion-baht target, largely due to declining supply and a stronger baht, which has made Thai products less competitive, says the Thai Tuna Industry Association (TTIA). TTIA president Chanintr Chalisarapong said the target of 76.3 billion baht had been set below the previous year’s […]
Read MoreTHE value of Thailand’s digital economy has swelled by 20 per cent this year to Bt2.5 trillion, accounting for 17 per cent of gross domestic product (GDP), with even faster growth pencilled in for next year by a leading forecaster. The Centre for Economic and Business Forecasting of University of the Thai Chamber of Commerce […]
Read MoreThe national e-payment scheme, mobile banking and smart factories are driving demand for application security service technology in Thailand, says a US-based application delivery network firm. Watchara: Applications are the new normal “There is strong demand for application security solutions in the local market, in particular mobile financial service applications,” said Watchara Jiracharoensuwan, country manager […]
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