Debts owed to loan sharks by registrants in the government’s subsidy and welfare scheme for poverty have declined by 20 billion baht this year, thanks to the government’s efforts to tackle the problem, says the head of the Fiscal Policy Office (FPO). Krisada Chinavicharana, director-general of the FPO, said the 14.1 million people who registered […]
Read MoreThe value of Thailand’s exports rose 13.2% year-on-year in May – the fastest in 52 months – to UScopy9.94 billion and the country posted a trade surplus of $944 million. Pimchanok Vonkorpon, director-general of the Commerce Ministry’s Trade Policy and Strategy Office, said on Thursday the increase was driven by the ongoing recovery of the […]
Read More(KPL) The Thailand Convention & Exhibition Bureau (TCEB) and the Lao Association of Travel Agencies (LATA) on Jun 20 joined hands to hold the “Thailand MICE Roadshow Lao PDR 2017” to boost the Meetings, Incentives, Conferences and Exhibitions (MICE) industry in the Lao PDR. This event also aimed to promote business matching between Lao businessmen […]
Read MoreCiti forecasts the Thai economy will expand by 3.4% this year and accelerate to 3.6% growth in 2018, underscoring Asia as the most attractive destination for portfolio investment, followed by the European market. The US bank’s projections are along the same lines as the Bank of Thailand’s 3.4% in 2017 and 3.6% in 2018. The […]
Read MoreThai businesses invested a record $13 billion (442 billion baht) abroad in 2016, dwarfing inflows of $1.6 billion (54.4 billion baht), according to the United Nations Conference on Trade and Development. Investment abroad totalled $2.9 billion (98.6 billion baht) in January to April, according to the central bank. This was a unique Thai action. In […]
Read MoreTHAILAND is preparing to sign a tripartite electricity-trading agreement with two neighbouring countries at the upcoming Asean Ministers of Energy Meeting. Energy Ministry permanent secretary Areepong Bhoocha-Oom said the agreement would pave the way for the Laos-Thailand-Malaysia electricity deal, enabling the Asean Power Grid to materialise. “The agreement will be for the sale and purchase […]
Read More
Thailand
