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Thai innovators get helping hand

Minister of Science and Technology Atchaka Sriboonrueng said she believes innovation is not an ideology that should remain exclusive to academic researchers or scientists. Innovation, she said, can involve creativity and new ideas in daily life by ordinary people. Thus, innovators can be local farmers utilising traditional expertise or ordinary people who come up with […]

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Who wants in on the EEC?

The much-awaited Eastern Economic Corridor (EEC) bill has already passed its first reading by the National Legislative Assembly (NLA) and is expected to be implemented by the end of the year. The expectation is that the project will attract immediate foreign direct investment. The reality, however, may be quite different as there are several emerging […]

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Thailand: Consumer sentiment continues rise

The consumer confidence index (CCI) rose for the second straight month in September, backed by strong exports and improved growth forecasts, but concerns about uncontrollable risks still weighed, according to the University of the Thai Chamber of Commerce. Vice-president for research Thanavath Phonvichai said the CCI rose to 75.0 in September from 74.5 in August. […]

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Help for Cambodian, Lao local schemes

Thailand is to provide the know-how and expertise to help develop community-based tourism (CBT) in Laos, Cambodia and Bhutan. This will be the first time the three countries are working closely with Thailand specifically on CBT development, after joining forces on cross-border tourism, logistics and connectivity, and environment issues. Chuwit Mitrchob, deputy director-general at the […]

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Thailand: K-Research ups GDP forecast to 3.7% growth

Kasikorn Research Center (K-Research) has emerged as the latest to jump on the economic growth bandwagon by increasing its forecast to 3.7% this year from 3.4% after stronger than expected export growth. The research house also raised Thailand’s export growth projection significantly to 7% this year from 3.8%, in line with the global economic recovery. […]

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Thai investors are confident in Myanmar’s economy

Thai business and investors expressed full confidence in Myanmar’s economic potential and future progress. At the recent Myanmar Insight 2017 held in Bangkok, senior Thai and Myanmar officials joined leading businessmen and investors to exchange views on prospects of investing in Myanmar. The seminar was organised by the Thai Embassy in Yangon to build network […]

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