The Finance Ministry has urged the Bank of Thailand to slash the policy rate by 50 basis points to help stimulate the economy and curb speculative inflows. Fiscal Policy Office deputy director-general Warotai Kosolpistkul said the ministry’s think tank also asked the central bank to abandon inflation-targeting as its monetary policy framework amid low inflation. […]
Read MoreIn our previous article on Sept 18 we discussed telemedicine, what it means and how it has the potential to help solve many of the challenges confronting healthcare today. In Thailand, telemedicine in public hospitals has the potential to provide improved access to healthcare services for people living in remote areas where there are insufficient […]
Read MoreTransforming Thailand into a cashless society requires not only the political will of visionary policymakers, but also a secure electronic system and digital literacy. The country is gradually moving in that direction with an integrated e-payment system and quick response (QR) code payment, but there is still a lot of work to be done. Consumers […]
Read MoreContinued bullish exports in August helped cumulative exports for the year rise more than 8%, making it likely shipments will exceed the government’s 7% growth target, says Commerce Minister Apiradi Tantraporn. Despite the stronger baht, exports grew at a double-digit pace for the fourth straight month in August, up 13.2% to US$21.2 billion (702.5 billion […]
Read MoreCustoms-cleared annual exports rose for a sixth straight month in August, far better than expected and the fastest growth in 55 months, as demand from major markets increased. Exports, a key driver of Thailand’s growth, climbed 13.2% in August from a year earlier after July’s 10.5% rise, commerce ministry data showed on Thursday. A Reuters […]
Read MoreA total of 3.13 million international tourists visited the country in August, an 8.66% increase from the same month last year, said Pongpanu Svetarundra, Permanent Secretary of Ministry of Tourism and Sports. Most visitors came from East Asia, Europe, South Asia, the Middle East, the Americas, Oceania and Africa – in that order – with […]
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