Thailand’s Human Capital Key to Long-Term Growth Investing in human capital and pursuing economic reforms is critically important for Thailand to become a high-income nation Amid a global slowdown and elevated trade tensions, the Thai economy is projected to grow by 3.8 percent in 2019 and 3.9 in 2020, according to the World Bank’s Thailand…
Thailand is ‘least miserable’ country in the world again Thai PM Prayut Chan-o-cha says he’s delighted over Thailand’s rating as the “least miserable” economy in the latest Bloomberg Misery Index. The annual Misery Index is calculated as the sum of a country’s inflation and unemployment rates. The index compares the average of economists’ forecasts for each country. The US…
DPM Somkid urges industrial sector’s technological transformation BANGKOK, 23 April 2019(NNT) – The industrial sector is being pushed to transform itself according to technological advancements enabling its entry into modernity and the Industry 4.0 era. Deputy Prime Minister Somkid Jatusripitak said yesterday that the move following the progress made by the Ministry of Industry on…
Thailand to tackle plastic waste by 2030 The Thai Cabinet has approved a roadmap to tackle plastic waste in the years 2018-2030, and to reduce or end the use of certain types of plastic because of its increasing harm to the environment. By the end of this year, Thailand will be free from three types…
Thai exports drop 4.9% in March Thailand’s exports in March were down 4.88 per cent year on year (YoY), leading to a 1.6-per-cent contraction in exports in the first quarter of this year compared to the same period last year. The Commerce Ministry reported on Monday Thailand’s customs-cleared exports fell to US$21.4 billion after a…
Asean economic ministers to sign two documents for boosting services sector and investment ASEAN CHAIR Thailand has lined up 13 ambitious goals to achieve regional integration as the 25th Asean Economic Ministers’ Retreat (AEMR) kicks off today in Phuket, where two pacts are set to be signed to enhance services trade and investment within the…
Thailand to the Forefront of Asia and ASEAN’s MICE Industry Bangkok ranks second most sustainable MICE destination in Asia in the 2018 Global Destination Sustainability Index Thailand is now among the frontrunners in Asia and ASEAN in terms of MICE Education, MICE Standards and MICE Sustainability. Mrs. Orachorn Wongpan-ngam, MICE Capabilities Development Department Director of…
Understanding Asia’s fast-moving digital ecosystem in 2017, Asia saw 319 million new mobile connections, compared with just 5 million new mobile connections in Europe over the same time period. The digital future of Asia is already here. In China, millions of people enter public transportation each day using their smartphones, emerge and pay for their…
Thailand in lead pack for Asean capital markets THAILAND ranks in the top three of capital markets in Asean and is expected to stay in the leading pack in 2030, trailing only Singapore and Indonesia, a study indicates. The report, Capital Markets in 2030, drew on research by The Economist Intelligence Unit on behalf of…
Trade, investment dividend sought from Brexit TRADE officials spy opportunities from the likelihood of more flexible regulations in Britain after it leaves the European Union. The prospect of eased trade and investment regulations in Europe’s second-biggest economy, they say, would provide a boost to Thai exporters and investors who are eyeing the key market. The…