The government’s planning unit, the National Economic and Social Development Council (NESDC), has been assigned to work closely with the Commerce Ministry to provide updates on the export sector so that exporters can find more markets to offset the impact of the trade row between the US and China. Deputy Prime Minister Somkid Jatusripitak said he […]
Read MoreThe Finance Ministry will put cross-border payments and a standard for QR code payment on the agenda at the upcoming Asean Finance Ministers’ Meeting (AFMM) held in Thailand. Creating cross-border payment and adopting a QR code standard across Asean will be proposed by the Finance Ministry at the meeting to allow member countries to push the issues, […]
Read MoreSince late 2018, we have already seen signs of global economic slowdown. Financial markets have been fluctuating. Among the factors are the downshifting of the US economy which led to weakened US dollar. The prolonged US-China trade war has troubled Thai exports for quite sometime. Moreover, there were tensions on the Korean peninsula, conflicts in the Middle […]
Read MoreADDING value to Thai products by increasing the connectivity between the agriculture, manufacturing and tourism industries is key to achieving economic growth in 2019 and beyond, said deputy prime minister Somkid Jatusripitak during a meeting yesterday with the National Economic and Social Development Council (NESDC). Meanwhile, the NESDC’s secretary-general, Thosaporn Sirisumphand, presented the economic advisory […]
Read MoreThe number of business registrations surged 78% year-on-year in January, led by logistics and transport, on the back of growing online trade and active investment in the flagship Eastern Economic Corridor (EEC). According to Vuttikrai Leewiraphan, director-general of the Business Development Department, new business registrations reached 7,311 last month, compared with 4,102 in December and 6,965 in […]
Read MoreA group of retailers has repeated its call for the government to split the duty-free shop concession at Suvarnabhumi airport. Worawoot Ounjai, president of the Thai Retailers Association (TRA), said the association stands by its position that there should no longer be a master concession for operating duty-free business at the country’s gateway airport. Airports of […]
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