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Thailand-Myanmar: Border trade hike planned

Thailand and Myanmar aim to raise border trade to US$20 billion (693 billion baht) over the next five years from an estimated $6 billion this year. During the first meeting of the Thailand-Myanmar Border Trade Committee held yesterday, Commerce Minister Apiradi Tantraporn said the two sides had agreed to set up single stop inspections to […]

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Lao-Thai railway section I ready for service

The Lao-Thai Railway Construction Project Phase II (Section I) is now completed, while Section II will begin operations at the end of this year. The project handover ceremony was held yesterday between the Ministry of Public Works and Transport and Neighbouring Countries Economic Development Cooperation Agency (NEDA) of Thailand. The ceremony was attended by Deputy […]

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Thailand: Somkid urges Thai-CLMV master plan

Cambodia, Laos, Myanmar, Vietnam and Thailand, the new drivers for Asean and Asian economic growth, should come up with a joint master plan for connectivity and key infrastructure development to strengthen the region’s competitiveness, says Deputy Prime Minister Somkid Jatusripitak. Speaking at a seminar entitled “CLMVT: The New Economic Driver of Asia,” Mr Somkid said […]

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Lao, Thai Friendship ODOP and OTOP Trade Fair Held

(KPL) Over 300 booths of the ODOP and OTOP products are on display and sale at the ongoing 4th ODOP Friendship Trade Fair between Laos and Thailand’s Nongkhai Province, which was officially started at the Lao-ITECC (old building) in Vientiane Capital on March 22. “The Laos’ One District One Product (ODOP) and Thailand’s One Tambon […]

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Thailand: February stumble for exports

Exports slid in February after three months of increases, mainly due to lower shipments of gold and aircraft. The Commerce Ministry yesterday reported that exports fell by 2.8% year-on-year in February to UScopy8.47 billion after rising 8.8% in January, 6.2% in December and 10.2% in November. Pimchanok Vonkorpon, director-general of the ministry’s trade policy and […]

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Thailand: Govt eyes support for startups

The government is now busy preparing measures to jump-start the development of business startups to help drive the country’s digital economy under the government’s much-touted “Thailand 4.0” model. Addressing a Bangkok Post conference titled “Thailand’s Startups: Learning from Unicorns”, organised by the Post Group Wednesday, Suvit Maesincee, a minister attached to the Prime Minister’s Office, […]

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