Showing 1 - 10 of 441
Shrinkflation unpacked
Business, Phusadee Arunmas, Published on 06/06/2024
» As manufacturers across various industries seek to cope with rising production costs, many are turning to "shrinkflation" to survive.
Trade upgrade
Business, Wichit Chantanusornsiri, Published on 03/06/2024
» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.
An alternative path to growth
Business, Published on 27/05/2024
» Newly appointed Finance Minister Pichai Chunhavajira is taking a less hostile stance towards the Bank of Thailand than the premier, aiming to better coordinate fiscal and monetary policies.
How VAT on cheap imported goods adds up
Business, Wichit Chantanusornsiri, Published on 02/05/2024
» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.
Solar giants seek high US tariffs on Asean panels
Published on 24/04/2024
» Some of the world’s largest solar equipment makers are asking the US government to impose steep tariffs on panels and cells from four Asian countries — Malaysia, Cambodia, Vietnam and Thailand — as they seek to protect billions of dollars in investments in US manufacturing.
Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
The correct response to Beijing's EV subsidies
Oped, Published on 09/04/2024
» US Treasury Secretary Janet Yellen's nearly weeklong visit to China, now underway, will most likely focus on US concerns about Chinese subsidies to producers of electric vehicles and other clean-tech goods.
Thailand Contemplates EU-Inspired Regulatory Shift
Published on 01/04/2024
» With the growth of the platform economy in Thailand, the cabinet has approved the 10 principles on platform economy law which provide a basis for the much-anticipated Platform Economy Act (PEA), a draft of which is underway with a preliminary draft having been distributed for comments from a closed group of stakeholders. The PEA is intended to replace the Royal Decree on digital platforms, passed in 2022, which merely impose notification obligations on platforms. Interestingly, the PEA draws from both the EU's Digital Services Act (DSA) and Digital Markets Act (DMA), combining regulations on illegal content and transparency with regulations that aim to regulate the market powers of the so-called 'gatekeepers' in one Act.
Structural flaws impede our economy
Oped, Chartchai Parasuk, Published on 21/03/2024
» It took Japan 17 years to learn that a macroeconomic policy is for stabilising an economy, not stimulating growth. Due to low economic growth in the "lost decade" following the financial crisis in the autumn of 1997, the Bank of Japan adopted an unthinkable monetary policy of a negative interest rate in 2007 by pushing the short-term policy rate down to -0.1%.