Showing 1 - 10 of 11
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.
Growth forecast revised down to 2.3%
Business, Wichit Chantanusornsiri, Published on 30/04/2021
» The Finance Ministry's Fiscal Policy Office (FPO) on Thursday slashed its economic growth forecast for the second time to 2.3% this year from its earlier prediction in January of 2.8% and 4.5% in Oct 2020, attributing largely to the battered tourism sector due to the Covid-19 pandemic.
Draft EV roadmap coming
Business, Wichit Chantanusornsiri, Published on 20/01/2020
» The government is drafting a roadmap for electric vehicle (EV) production to begin in Thailand within three years, says Finance Minister Uttama Savanayana.
Uttama sees changed landscape ahead
Business, Wichit Chantanusornsiri, Published on 29/08/2019
» Thailand's investments in railways, electric trains and the Eastern Economic Corridor (EEC) will change the country's economic and infrastructure landscape in the next 5-10 years, says Finance Minister Uttama Savanayana.
Curbs slash imports of plastic, e-waste
Business, Wichit Chantanusornsiri, Published on 05/07/2019
» Imports of plastic and electronic waste have declined sharply after the government curbed imports of foreign waste, says the Customs Department.
Agribusiness slow to adopt tech, far from 4.0
Business, Wichit Chantanusornsiri, Published on 27/11/2018
» Only 3% of the agricultural and food processing industry is considered part of the digitally-focused 4.0 era, despite being a crucial component of the economy and employing 15 million people, according to the University of the Thai Chamber of Commerce (UTCC).
Adviser predicts recession in 2020
Business, Wichit Chantanusornsiri, Published on 02/08/2018
» The global economy is likely headed for a recession in 2020 and the economic downturn will accelerate if the China-US trade squabble turns into a full-blown trade war, says Supavud Saicheua, an adviser to Kiatnakin Phatra Financial Group.
Legal changes to cultivate startups
Business, Wichit Chantanusornsiri, Published on 30/03/2017
» The Finance Ministry is considering legal amendments to support the growth of new startups in financial technology, blockchain and sandbox, says finance permanent secretary Somchai Sujjapongse.
State turns pitchman in FDI search
Business, Wichit Chantanusornsiri, Published on 18/03/2016
» The government will take the role of a global salesman in search of investors for Thailand instead of waiting idly, says Finance Minister Apisak Tantivorawong.
Samsung in line to run lottery
Business, Wichit Chantanusornsiri, Published on 04/03/2013
» The Seoul-based Samsung Group is likely to win the online lottery contract, replacing current contract holder Loxley GTech Technology (LGT), after offering to pay any damages demanded by the Loxley unit for contract termination by the government.