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GENERAL

Call for national e-marketplace

Business, Suchit Leesa-nguansuk, Published on 15/05/2025

» E-commerce leaders are proposing the government establish a national e-marketplace as an alternative for local small and medium-sized enterprises (SMEs) to promote their products and services.

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THAILAND

No German engines for submarines

News, Post Reporters, Published on 15/05/2025

» The Chinese-made submarines that Thailand ordered will not contain engines from Germany as the country is a member of the European Union and is so barred from exporting arms to China, says Germany's defence ministry.

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OPINION

Thai-US trade talks are likely to fail

Oped, Chartchai Parasuk, Published on 15/05/2025

» Don't get too excited over news the temporary trade deal between China and the US will mean friendly negotiations with other countries. The US government still aims for higher import tax income to narrow its monstrous fiscal deficit. As explained in a previous article, Donald Trump would love to see an average tariff rate of around 20% or higher on imports. Higher customs revenue already allowed the US to achieve a budget surplus of US$258 billion (8.5 trillion baht) in April. The figure incorporates only a 10% universal tariff, as full reciprocal tariffs were postponed for 90 days from April 8. Just imagine how nice the US budget position would be with 20% or more import tariff revenue?

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GENERAL

Merz vows to rev up German economic ‘growth engine

AFP, Published on 14/05/2025

» BERLIN - German Chancellor Friedrich Merz on Wednesday pledged reforms and investment for Europe’s biggest economy to transform it once again into a “growth engine” after two years of recession.

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GENERAL

Tourism groups prepare proposals to offset crisis

Molpasorn Shoowong, Published on 14/05/2025

» The Federation of Thai Tourism Associations (Fetta) plans to submit a proposal to the prime minister in person this month, requesting a concrete plan to restore confidence and avoid a crisis.

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GENERAL

Tencent Cloud to usher in palm scan payment tech

Business, Suchit Leesa-nguansuk, Published on 14/05/2025

» Chinese tech giant Tencent's cloud computing unit wants to bring its contactless palm scan payment solution and super-app-as-a-service solution to Thailand, in a bid to cash in on the country's digital transformation.

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OPINION

The role of hydrogen in clean power

Oped, Published on 14/05/2025

» On a hot afternoon in Chanthaburi province's Koh Jik, a small island striving for 100% renewable energy, a new power system is being tested. The goal? To see if hydrogen can keep the lights on when there's no sun or wind.

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GENERAL

Government targets tax reform in attempt to boost revenue

Business, Wichit Chantanusornsiri, Published on 13/05/2025

» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.

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THAILAND

Fire continues to rage at Bangkok furniture plant

Online Reporters, Published on 12/05/2025

» A fire that began on Sunday evening continued to burn at a large furniture plant in Bangkok's Lat Krabang district on Monday. Nearby communities have been evacuated.

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GENERAL

Tourism in the doldrums

Business, Post Reporters, Published on 12/05/2025

» The tourism industry posted underwhelming results for the first four months this year as the international market contracted by 0.2% year-on-year.