The Institute of Foreign Affairs of Laos (IFA) and the Devawong Varopakarn Institute of Foreign Affairs of Thailand will partner to build the capacity of the two institutes, with a focus on diplomatic training and more effective reciprocal visits. IFA Head Mr Mai Xayavongs and Thai Ambassador to Laos Damrong Kraikruan signed a Memorandum of […]
Read MoreThe government’s consumption stimulus measures and 50:50 co-payment scheme are expected to get 81 billion baht circulating through the economy, boosting the country’s GDP by 0.25%, says the Finance Ministry. The two policies will cover 24 million people nationwide, getting money circulating in the economy for the remainder of the year and adding to the […]
Read MoreThailand sees higher shipment opportunities for Thai premium rice in the EU after the bloc allowed rice imports of 24,883 tonnes with zero import tariffs for October. Keerati Rushchano, director-general of the Foreign Trade Department, said the European Commission on Sept 22 announced that the remaining annual quota for rice (white rice, Thai hom mali rice, Thai […]
Read MoreThe Board of Investment (BoI) is preparing to propose its job retention scheme to the government to help authorities cope with a high unemployment rate from Covid-19 impact. The scheme, designed to help companies retain their workforce until the economic recovery, is scheduled to be tabled at a BoI board meeting, chaired by Prime Minister […]
Read MoreThe government will move ahead with its industrial plans for the Southern Economic Corridor (SEC) in four upper southern provinces, despite strong local resistance to them. The government decided to press on with the SEC, which complements the Eastern Economic Corridor (EEC) that is currently in development, deputy government spokesperson Rachada Dhnadirek told the media […]
Read MoreThe economy is likely to shrink less this year than the record 8.5% projected previously, helped by stimulus measures, the Finance Ministry said on Tuesday, as the government tries to revive a coronavirus-hit economy. The shrinkage could be less than the central bank’s latest projection for a 7.8% contraction, Lavaron Sangsnit, head of the finance […]
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Thailand
