The government plans to increase the number of small and medium-sized enterprises (SMEs) by 300,000 next year, as they are expected to play a major role in supporting the Thai economy, says Suwanchai Lohawattanakul, newly appointed director-general of the Office of Small and Medium-Sized Enterprises Promotion (Osmep). The government policy is to strengthen SMEs and […]
Read MoreTHE NUMBER of jobless rose 1.3 per cent year on year to 481,000 in October, the National Statistics Office Thailand (NSO) reported. The figure increased by 31,000 from the same month last year and 38,000 from last month, the bureau said. Some 37.22 million people are in workforce. University undergraduates looking for work accounted for […]
Read MoreAt the seventh Asian Logistics and Maritime Conference in Hong Kong last week, Arkhom Termpittayapaisith, Thailand’s Minister for Transport, said that Thailand is in the process of developing a deep-sea port in Laem Chabang and that the three ports – Laem Chabang Port, Map Ta Phut Port and Sattahip Port – will be connected via […]
Read MoreThailand’s economic growth is likely to come close to 4% this year after robust momentum continued in October, despite low activity in the month as the country mourned the late King Bhumibol Adulyadej, says a key finance official. The economy in October avoided a slowdown, and whether GDP growth can reach 4% for all of […]
Read MoreThe term “Industry 4.0” originates from the German government’s industrial evolution strategy unveiled in 2013 which promotes the computerisation of manufacturing, according to Mr. Varin Rodphothong, Director of Manufacturing Automation and Robotic Center, Thai-German Institute (TGI). The term is essentially equivalent to the “Internet of Things (IOT)” which has been circulating in the industrial sectors […]
Read MoreSINGAPORE: Philippine shares fell on Wednesday, set for a third consecutive day of losses, while other markets trod water as investors assessed North Korea’s latest missile test. North Korea said it had successfully tested a powerful new intercontinental ballistic missile (ICBM) that put all of the U.S. mainland within range, with MSCI’s broadest index of […]
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Thailand
