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BUSINESS

Technology, medical gear lead rising stars

Business, Phusadee Arunmas, Published on 13/12/2017

» Tech-related segments such as digital devices, medical equipment and e-commerce are tipped for gains next year, says a survey by the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

Disruption to drive digital growth in 2018

Business, Phusadee Arunmas, Published on 20/12/2017

» The arrival of disruptive technology is expected to help boost the value of the digital economy, forecast to account for 19.4% of Thailand's GDP next year, according to the latest University of Thai Chamber of Commerce (UTCC) survey.

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BUSINESS

Somkid sees 10% export growth

Business, Phusadee Arunmas, Published on 21/12/2017

» Export growth this year is expected to reach 10% as the figure for November increased 13.4% year-on-year, well above expectations, which should push the year-end tally to beat projections, says Deputy Prime Minister Somkid Jatusripitak.

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BUSINESS

2018 exports could jump 6.5%

Business, Phusadee Arunmas, Published on 22/12/2017

» The Commerce Ministry has set an initial 2018 export growth target of 6-6.5% to about US$250 billion (8.2 trillion baht), citing the expanding global economy, while the baht is expected to soften because of US policies to strengthen the dollar.

BUSINESS

Data centre to back agriculture

Business, Phusadee Arunmas, Published on 23/12/2017

» The Commerce Ministry has joined with the Agriculture Ministry to set up planning and zoning projects using a single data centre to prevent crops prices from falling and to create added value under the Agriculture 4.0 concept.

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BUSINESS

Festive spending pegged to hit 13-year high of B159bn

Business, Phusadee Arunmas, Published on 26/12/2017

» A recovering economy and government incentives are expected to push spending during the year-end celebrations to a 13-year high of 159 billion baht, according to the latest survey of the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

B1.7bn flows via welfare card scheme

Business, Phusadee Arunmas, Published on 21/10/2017

» The Commerce Ministry says the state welfare card project has helped circulate up to 1.7 billion baht for local economies, and officials aim to improve the buying system and increase the number of shops to reach more low-income consumers.

BUSINESS

More GI products on the cards

Business, Phusadee Arunmas, Published on 14/11/2017

» The government is pushing for more products with geographical indication (GI), counting on their uniqueness to add value to Thai goods and strengthen local economies, says the Commerce Ministry's Intellectual Property Department.

BUSINESS

FTA boosts Thai-Chinese trade value

Business, Phusadee Arunmas, Published on 22/11/2017

» Trade value between Thailand and China has risen 12.5% so far this year thanks to the Asean-China free trade agreement (FTA) that helped slash import tariffs and trade barriers and boost exports, says the Commerce Ministry's Department of Trade Negotiations (DTN).

BUSINESS

Thailand advised to tackle weaknesses

Business, Phusadee Arunmas, Published on 21/11/2017

» Thailand is being urged to continue tackling areas of weakness, including the quality of public institutions, corporate ethics and governance standards, product and market efficiency enhancement, technology infrastructure investment, innovation ecosystem development, and education and skills development.