EXIM Bank forecasts Thai exports growth as high as 4 per cent in 2021 EXIM Thailand President said that the Bank has forecasted Thai export growth of as high as 4% in 2021 attributable to a short-term recovery of global trade and economy from a low base of -10%. Such growth may not be so…
Economy shrinks 6.4% in busy Q3 Thailand’s GDP contracted by 6.4% year-on-year in the third quarter, with full-year economic contraction projected to arrive at 6%, says the National Economic and Social Development Council (NESDC). The economy was previously anticipated to contract by 7.5% this year. The main reason supporting a lower full-year economic contraction is…
Bangkok metered taxis can now charge special fees for luggage The Transport Ministry has announced that as of Tuesday, Bangkok metered taxis will be allowed to charge passengers handling fees for large luggage items, but not for equipment such as wheelchairs or walking sticks. Under the new regulations, taxis will be allowed to charge luggage…
What’s wrong with Thailand? Five ambassadors urged to open up Thailand to foreign skilled labour, cut red tape on foreign investment to allow Thailand to move in the top 10 of the World’s Bank’s ease of doing business index Thailand has made very impressive gains in recent years in the World Bank’s Ease of Doing…