The government is now busy preparing measures to jump-start the development of business startups to help drive the country’s digital economy under the government’s much-touted “Thailand 4.0” model. Addressing a Bangkok Post conference titled “Thailand’s Startups: Learning from Unicorns”, organised by the Post Group Wednesday, Suvit Maesincee, a minister attached to the Prime Minister’s Office, […]
Read MoreThe value of Thai exports fell for the first time in four months in February to UScopy8.47 billion, down 2.8% year-on-year, on lack of gold and aircraft-related products, the Commerce Ministry said. The base export value in February last year was high because of shipments of gold and aircraft-related products. Neither were exported this February, […]
Read MoreBANGKOK – Thailand has vowed to help the Philippines narrow the trade gap between the two countries by encouraging Thai companies to buy more Philippine-made products, Trade Secretary Ramon Lopez said Wednesday. Lopez said while Thailand is the sixth largest trade partner of the Philippines, the difference between the values of Manila’s exports and imports […]
Read MoreThe strengthening baht is in line with the economy’s fundamentals and no intervention by the central bank is needed, says a high-ranking finance official. “The stronger baht that has been observed recently reflects Thailand’s strong economic fundamentals, so we should not panic over it,” said finance permanent secretary Somchai Sujjapongse. The baht rose to 34.66 […]
Read MoreThailand’s e-commerce market can expect to account for 25% of total retail sales by 2025, rising from below 5% now, say executives in the sector, driven by fierce competition among e- commerce operators and the shifting of consumer behaviour towards online shopping. The local e-commerce market is expected to be valued at US$51 billion by […]
Read MoreThe government is confident that attractive tax incentives will drive spending in research and development(R&D) by private companies in Food Innopolis and create hundreds of jobs. Kitipong Promwong, the secretary-general at the National Science Technology and Innovation Policy Office, forecast 1.5 billion baht will be invested by private companies in Food Innopolis this year, creating […]
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