Insurers to pay 100 million baht to SET for riot damage

Insurers to pay 100 million baht to SET for riot damage

Insurers to pay 100 million baht to SET for riot damage Thailand’s Supreme Court has ordered six insurance companies to pay the Stock Exchange of Thailand (SET), Thailand Securities Depository and Family Knowhow Company 100 million baht in total compensation. The compensation is granted for damage caused to the SET building and valuables contained therein…

Thai Cabinet extends waiver of Visa On Arrival fees

Thai Cabinet extends waiver of Visa On Arrival fees

Thai Cabinet extends waiver of Visa On Arrival fees Thailand’s Cabinet has extended the waiver of the fees for ‘visa on arrival’ for some foreign tourists to Thailand. The waiver of the 2,000 baht VOA fee will be extended to at least October 31. The fee had previously been waived until January 14 this year in…

Thai baht lowest since January

Thai baht lowest since January

Thai baht lowest since January The Thai baht has been Asia’s best-performing currency during Q1, 2019. But things appear to be losing momentum as the baht falls to its lowest since January. The Thai baht weakened to as low as 32.035 per dollar, the lowest level since January 10th and falling through the psychological support…

thai-primary-school

Thailand’s Human Capital Key to Long-Term Growth

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

Thailand is ‘least miserable’ country in the world again

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…

Minister Somkid Jatusripitak

DPM Somkid urges industrial sector’s technological transformation

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…

plasticban

Thailand to tackle plastic waste by 2030

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…

Exports

Thai exports drop 4.9% in March

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…