Thais spending carefully amid economic pressure
ALTHOUGH the Thai economy is still buffeted by high cost of living while consumer confidence has not yet fully recovered, spending by Thais has not completely disappeared just shifted to a desire to “buy what’s necessary and offers better value,” PPTVHD36 said today (Aug.10). Mr. Athit Rujirawat, chief executive officer of Krungsri Consumer, said […]
Read MorePopulist measures can lead to crisis while investing in Myanmar risky: Anusorn
RECKLESSLY implementing populist measures could lead to Thailand being hit by a sovereign debt crisis as faced by some Latin American countries in the 1990s and Greece, Spain, and Italy during 2009-2010 while promoting investment in Myanmar may seriously endanger Thai capital and businesses venturing forth, Dr. Anusorn Thammajai, a People’s MP who staged […]
Read MoreMyanmar leader calls on Thai businesses to invest in his country
MYANMAR President Min Aung Hlaing urged Thai businesses to invest in his country assuring them of legal protection while highlighting development of deep-sea shipping at Dawei Port as a gateway to South Asia, Naewna newspaper said this afternoon (Aug. 6). Speaking at Queen Sirikit National Convention Centre as co-chair of Thailand-Myanmar Business Forum 2026 […]
Read MoreBorder trade turns positive growing by 3.9% in June
THAILAND’S border trade registered a growth of 3.9 percent for the first time in 13 months in June driven by trade with Malaysia and Laos but the figure for Cambodia remained zero as all border checkpoints are stll shut, PPTVHD36 said today (Aug. 6). Ms. Arada Fuengthong, director-general of the Department of International Trade, […]
Read MoreGovt beefs up checking company registration to plug nominee loopholes
A NEW government initiative to prevent the use of Thais as nominees in business kicked off today (Aug. 1) with the Commerce Ministry’s Department of Business Development expanding scrutiny from just the initial company registration to include shareholder and director structures after this is done, Naewna newspaper said. Ms. Lalida Periswiwatana, deputy spokesperson for […]
Read MoreThailand able to cope with oil and LNG price volatility
AMID volatility of oil and liquefied natural gas (LNG) prices globally the Energy Ministry confirmed that as of July 30 Thailand has sufficient oil reserves for 101 days with several measures being implemented to mitigate the impact of higher oil prices and electricity costs on the public, PPTVHD36 said today (July 31). Mr. Veerapat […]
Read MoreTomorrowland Thailand will likely draw over 6 billion baht in revenue
THE iconic electronic music festival Tomorrowland Thailand, the first full-scale Asian edition set to take place at Chonburi’s Wisdom Valley during Dec. 11-13,2026, is expected to draw 6.132 billion baht in revenue while boosting hotel bookings in Chonburi province, including Pattaya, and Rayong, PPTVHD36 said today (July 26). Minister of Tourism and Sports Surasak […]
Read MoreEkniti unveils 3-pronged reform roadmap to push Thai economy back to 3%++ growth
DEPUTY Prime Minister-cum-Finance Minister Ekniti Nitithanprapas is pursuing reforms in three areas of the Thai economy, energy transition, addressing the aging society, and upskilling the workforce for future industries, in aiming to take the Thai economy back to 3%++ growth, Naewna newspaper said this evening (July 25). Speaking at an Economic Journalists Association’s function […]
Read MoreGovt scraps Land Bridge megaproject after finding it unprofitable
DEPUTY Prime Minister-cum-Finance Minister Ekniti Nitithanprapas said today (July 24) that the Land Bridge megaproject linking Gulf of Thailand and the Andaman Sea is being dropped after three working groups had found it to be unprofitable, the investment redundant and having environmental impact, PPTVHD36 said. Ekniti, as chairperson of the Land Bridge project committee, […]
Read MoreUS unveils new tariffs on 60 partners as Trump rebuilds trade agenda
By AFP and published by CNA WASHINGTON: The United States said Thursday (July 23) that it would impose new tariffs on 60 trading partners over forced labour concerns, replacing an expiring global duty rolled out by US President Donald Trump earlier this year. The levies, which take effect today, range from 10 percent to […]
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