Showing 1 - 10 of 11
Nation urged to play to its strengths
Business, Wichit Chantanusornsiri, Published on 15/12/2025
» Thailand must recalibrate its strategic positioning to remain competitive in the evolving global landscape, concentrating only on sectors where it offers true strengths, rather than spreading its efforts across many industries as in the past through the 10-cluster policy, according to an economics analyst.
Expert urges cutting reliance on US buyers
Business, Wichit Chantanusornsiri, Published on 02/09/2025
» The Thai government has been advised to reduce its dependence on the US market, which is expected to shrink under US President Donald Trump's reciprocal tariff policy.
Thailand 'can't match' Vietnam's US tariff proposals
Business, Wichit Chantanusornsiri, Published on 21/07/2025
» Thailand cannot offer the same kind of trade proposals to the United States as Vietnam did, warns Somjai Phagaphasvivat, an expert in international economics, who added that Vietnam was able to remove tariffs on all US imports because it has free trade agreements (FTAs) with 27 countries, which have already reduced most of Vietnam's import tariffs to zero.
Anti-corruption efforts to start earlier for projects
Business, Wichit Chantanusornsiri, Published on 04/04/2025
» The inclusion of public construction projects in the Integrity Pact (IP) programme, allowing a third-party external observer to participate in monitoring, must begin from the initial stage of the bidding process, according to Patricia Mongkhonvanit, director-general of the Comptroller-General's Department.
Unpacking the debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 29/03/2025
» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.
Views of Finance Ministry, BoT more harmonised
Business, Wichit Chantanusornsiri, Published on 09/10/2024
» The economic perspectives of the Finance Ministry and the Bank of Thailand are becoming more aligned, says Deputy Finance Minister Paopoom Rojanasakul.
Cabinet okays 10-year EEC visa for foreigners
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.
Probe into poverty planned
Business, Wichit Chantanusornsiri, Published on 07/06/2021
» The World Bank is expected to evaluate in August the impact of the pandemic on Thailand, determining how it has affected the poor, says Pongnakorn Pochakorn, the Fiscal Policy Office's senior expert on macroeconomic policy.
Concern mounts over gap in GDP inputs
Business, Wichit Chantanusornsiri, Published on 28/05/2021
» An economist is concerned that a gap in terms of contributions to the country's gross domestic product (GDP) between tourism-dependent provinces and agriculture-reliant provinces will become wider in the post-pandemic era.
Customs to increase supply chain safety
Business, Wichit Chantanusornsiri, Published on 01/05/2018
» The Customs Department is about to seal deals for the Authorised Economic Operator (AEO) mutual recognition programme associated with international trade supply chain security with another five counterparts by next year.