TV5 and JD.com partner for fruit sales

TV5 and JD.com partner for fruit sales Royal Thai Army Radio and Television (TV5) is working with Chinese e-commerce giant JD.com to help promote Thai agricultural products on the platform as part of measures to increase income for farmers and the country’s economy. “Talks have been held with JD.com to export Thai fruit to JD…

Thai businesses call for vaccine passports, more foreign suppliers, to safeguard economic recovery

Thai businesses call for vaccine passports, more foreign suppliers, to safeguard economic recovery

Thai businesses call for vaccine passports, more foreign suppliers, to safeguard economic recovery Thailand’s economic recovery will depend on how the government handles the question of vaccinations this year, the country’s top business association said Wednesday, calling for vaccine-passport programmes to boost tourism, and a wider supply of imported vaccines for Thai citizens. The Joint…

Power a priority to cope with Thai EEC demands

Power a priority to cope with Thai EEC demands

Power a priority to cope with Thai EEC demands Thailand’s Ministry of Energy is seeking acceleration of new power projects to cope with the expected sharp spike in electricity demand with the promotion of the Eastern Economic Corridor (EEC). Ministry officials met with the EEC Policy Committee and the National Energy Reform Committee (NERC) late…

Economist predicts economy will shrink 8.9% this year, despite easing of restrictions

Thailand’s export growth targeted at 4% for 2021

BANGKOK – Thailand has seen export growth of 0.35 percent in the first month of the year. The Commerce Minister has ordered the Department of International Trade Promotion to advance an action plan to accelerate growth, which is set at 4 percent this year. An advisor to the Commerce Minister, Malika Boonmeetrakul, has revealed that Thai…

High value-added economy in focus

High value-added economy in focus The next national economic and social development plan should aim to provide Thailand a high value-added economy, according to the state planning unit. Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the NESDC board on Feb 15 approved a development framework for the country’s 13th…

Action needed to woo investment

Action needed to woo investment The economic head at South Korea’s embassy issues a challenge, writes William Hicks Thailand needs to “wake up” and find aggressive, proactive means to attract foreign businesses and investment or it risks falling behind Vietnam, says the economic head at the South Korean Embassy to Thailand. Jeon Joyoung, deputy chair…

Thailand Will Focus on High Value-added Economy

Thailand Will Focus on High Value-added Economy

Thailand Will Focus on High Value-added Economy BANGKOK (NNT) – The next national economic and social development plan from 2022 to 2026 is aimed to provide Thailand a high value-added economy. National Economic and Social Development Council (NESDC) Secretary-General Danucha Pichayanan said the NESDC board has approved a development framework for the 13th national economic and…

Samut Sakhon Central Shrimp Market Reopens

Samut Sakhon Central Shrimp Market Reopens

Samut Sakhon Central Shrimp Market Reopens BANGKOK (NNT) – The Central Shrimp Market in Samut Sakhon province reopened on Monday after being closed since Dec 19 due to the second wave of Covid-19. Traders and owners of fish and shrimp stalls all expressed their delight the market had finally reopened after being closed for over 10…