Thailand plans to snatch back its market share for premium-grade white rice by exporting more to its traditional markets, including Hong Kong, Singapore and other Asian countries. Charoen Laothammatas, president of the Thai Rice Exporters Association, said Thailand’s market share for the segment has hovered around 40% the past few years. It used to control […]
Read MoreThailand will push a strategy to help promote micro, small and medium-sized enterprises (MSMEs) that are friendly to the environment at the Asia-Pacific Economic Cooperation (Apec) Summit in Danang next week. Thailand and Peru jointly drafted the Apec Strategy for Green, Sustainable and Innovative MSMEs which will serve as guidelines for promoting the growth of […]
Read MoreThailand ranked 26th in the World Bank’s 2018 Ease of Doing Business report, a surge of 20 ranks on the previous rating and beating the movement of its peers in Asean. Thailand was placed 46th in the 2017 report. In the latest report, Thailand scores 77.44 points compared with 72.53 a year earlier. It stands […]
Read MoreEconomic growth in the third quarter could expand by 4% year-on-year propelled by robust export growth, with year-end festivities expected to shore up further growth prospects in the remaining months, says the Bank of Thailand. “Thailand’s economic growth has improved based on strong export growth of 9.1% in the first nine months, with an all-time […]
Read MorePrime Minister Prayut Chan-o-cha on Tuesday ordered the Finance Ministry to prepare tax breaks for year-end shopping to stimulate consumption. The shopping tax incentives, which allow each individual taxpayer to deduct the value of domestic purchases of goods and services worth up to 15,000 baht from personal income taxes, should be renewed to boost domestic […]
Read MoreThailand’s industrial output rose for a third straight month in September on an annual basis, beating forecasts, helped by higher production of automobiles, rubber and electronics, showing the economy is growing steadily. The manufacturing production index (MPI) in September increased 4.21% from a year earlier, the Industry Ministry said on Tuesday. The median forecast in […]
Read More
Thailand
