Thailand aims to embark on talks on new free trade agreements with the European Union (EU), the Eurasian Economic Union (EAEU) and the European Free Trade Association (Efta) and vows to accelerate ongoing FTA talks with Turkey, Pakistan and Sri Lanka. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said under the department’s working plan […]
Read MoreWhy should recent baht movements convince investors to hedge their foreign-exchange positions? The short answer is because the Thai baht is very volatile and its recent high volatility is likely to continue in 2022. Considered the worst major Asian currency performer in 2021, the baht depreciated from 29.90 to the US dollar in early January […]
Read MoreThe Eastern Economic Corridor (EEC) Office wants more Chinese businesses to invest in the area to facilitate industrial development that is kinder to the environment, in partnership with China-based bank ICBC (Thai). They will conduct a feasibility study on the establishment of the EEC Equity Fund to build investment opportunities for new industrial projects, according […]
Read MoreJoblessness among young men and women in Thailand has reached a level unseen in recent years due to the impact of the Covid-19 pandemic, according to the International Labour Organization (ILO). Youth employment fell by 7% in the first quarter of 2021 from the fourth quarter of 2019, the United Nations agency said in its […]
Read MoreThe Thailand Development Research Institute’s (TDRI) boss openly disapproves of the National Broadcasting and Telecommunications Commission’s (NBTC) stance in the expected merger of two telecom giants True Corp and Total Access Communication (dtac). TDRI president Somkiat Tangkitvanich blamed the NBTC for “failing to do its job” for not opposing the planned merger. On November 22 […]
Read MoreMore goods purchase orders from abroad during year-end festivals are expected to help increase export value by 15-16% to US$266-268 million this year, says the Federation of Thai Industries (FTI). Trade partners tend to buy more products as Christmas and New Year celebrations are approaching, a prospect that is good for the export sector, said […]
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