The government looks poised to introduce a fresh economic stimulus package after the economy slipped to a five-year low in growth last year and a possible contraction in the first quarter of this year. Finance Minister Uttama Savanayana, on a trade delegation to Japan chaired by Deputy Prime Minister Somkid Jatusripitak, said the ministry is […]
Read MoreThailand’s economy grew at its weakest pace in five years in 2019, as exports and public investments slowed, and the impact from the coronavirus epidemic is set to pile more pressure on Southeast Asia’s second-largest economy this year. The trade-dependent economy has been buffeted by the Sino-US trade war, soft domestic demand and a delayed […]
Read MoreFeb 8, 2020 will be remembered as one of the darkest days in Thailand’s history. What initially appeared to be a tranquil weekend holiday turned to terrible tragedy as many lives were lost when a distressed soldier went on a shooting rampage in Nakhon Ratchasima province. Jakrapanth Thomma was meeting with his commanding officer and […]
Read MoreThailand will likely decide whether to join a revised 11-member Trans-Pacific Partnership free trade pact around April, Japan’s economy minister said on Monday. Yasutoshi Nishimura, a state minister in charge of the TPP, told reporters after talks with Thai Deputy Minister Somkid Jatusripitak that he hopes current member countries will make a decision to start […]
Read MoreThailand’s food exports to China are likely to double in the second quarter, driven by a surge in demand after food stocks for the first quarter are depleted. Visit Limlurcha, vice-chairman of the Thai National Shippers’ Council and president of the Thai Food Processors Association, said that if the coronavirus epidemic can be kept under […]
Read MoreBorder trade between Thailand and Myanmar is set to increase this year thanks to the second Thai-Myanmar Friendship Bridge and the implementation of Cross Border Transport Facilitation Agreement (CBTA). The second Thai- Myanmar Friendship bridge connecting Myawady in Myanmar and Mae Sot in Thailand opened in October of 2019. Meanwhile, the CBTA, which also came […]
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