The pace of infrastructure development in Thailand has continued to grow in the past few years, bringing numerous opportunities for foreign-based engineering, procurement and construction (EPC) firms looking for ways to participate in projects in the country. However, potential investors need a solid understanding of the legal and regulatory framework before investing significant time, energy and […]
Read MoreJapanese investors see a brighter economic outlook for Thailand’s economy this half, boosted by growing exports, the global economic recovery and massive spending on government infrastructure projects, according to the latest Japanese Chamber of Commerce (JCC) survey. But the investors want the government to continue with its human development policy to meet changing workforce demand from […]
Read MoreThe Commerce Ministry expects rice exports this year to reach 11 million tonnes, the highest ever, largely from fresh demand from disaster-hit countries during the second half. The Commerce Minister Apiradi Tantraporn said the ministry had revised up its earlier prediction of 10 million tonnes as several countries had approached Thailand for substantial amounts of rice. […]
Read MoreSuvit Maesincee, the Prime Minister’s Office Minister, is one of the key architects of the much-touted Thailand 4.0 scheme — the country’s national strategy focused on added-value, high technology and innovation. He also plays a key role in implementing ongoing socio-economic reforms. Mr Suvit recently sat down with the Bangkok Post to talk about the latest developments […]
Read MoreThe elderly poor are in line for a bigger monthly allowance after the cabinet approved a draft bill letting the government charge higher sin taxes. Kobsak Phutrakul, assistant minister to the Prime Minister’s Office, said the cabinet yesterday agreed to raise the excise tax on liquor, beer and cigarettes by 2% to support the monthly living […]
Read MoreThe Thai National Shippers’ Council (TNSC) has revised the 2017 export growth forecast up to 5% from its previous forecast of 2.5-3.5%, as exports rose in the second quarter of the year, indicating recovery in major importing countries. TNSC chairwoman Ganyaphad Tantipipatpong said strong demand has lifted export growth substantially, with shipments in June growing 11.7% […]
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Thailand
