Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
The Trade Policy and Strategy Office (TPSO) has urged Thailand to fast-track its Free Trade Agreement (FTA) negotiations with the European Union, warning that the kingdom risks falling behind regional competitors such as Vietnam and Singapore, which already enjoy preferential tariff access to the bloc.
The Cabinet agreed today to maintain the existing cap on Thailand’s public debt at 70% of GDP, but will allow public sector borrowing to rise to between 68.03% and 70%, from 64.7% at the end of the 2025 fiscal year last September.
The Cabinet today approved the “Thai Chuay Thai Plus” co-payment scheme, under which about 30 million Thai citizens aged 18 and over will receive a taxpayer-funded monthly benefit of 1,000 baht for four months to purchase goods and services.
The rising cost of living, including the high costs of energy and consumer products, is top of most Thai people’s concern, followed by household and personal debt, according to a Suan Dusit Poll by Suan Dusit University.
The Commerce Ministry has warned the general public, especially those who prefer to shop online, to be on the alert for fake or counterfeit products offered on digital platforms.
Prime Minister Anutin Charnvirakul yesterday pledged to overhaul outdated regulations and to "walk hand-in-hand" with the private sector, asserting that the government is ready to act as a facilitator rather than a regulator to ensure Thailand’s competitiveness on the global stage.
According to local media, Prime Minister Anutin Charnvirakul and his cabinet have invited over 35 high-level executives from 10 key industrial sectors to Government House.
The government will go ahead with implementing the ‘Thai Chuay Thai Plus’ scheme, despite the decision of the House of Representatives to postpone the debate on the 400 billion baht loan decree after opposition parties asked the Constitutional Court to rule on its legality.
Krungsri (Bank of Ayudhya PCL), through its Global Markets Group, analysed the baht's direction for this week, projecting a trading range of 32.00-32.75 to the US$.
The Cabinet has agreed, in principle, to amend the Alien Business Act to exempt foreign businessmen from having to seek permission from the authorities to invest in eight service businesses.
Prime Minister Anutin Charnvirakul today became the temporary driver of a ‘Pum-Puang’ truck (a vehicle adapted to sell food and/or groceries), with Commerce Minister Suphajee Suthumpun as a passenger. They were launching the Thai Helps Thai (Thai Chuay Thai) campaign, aimed at easing people’s cost of living, with local reporters running after them.
The Ministry of Commerce, led by Commerce Minister Suphajee Suthumpun, has pushed for negotiations on an Agreement on Reciprocal Trade (ART) during meetings with the U.S. Trade Representative (USTR), aiming to reduce exposure to potential U.S. tariffs.
