Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
The Ministry of Energy will go ahead with the bidding for gas exploration in the Bongkot and Erawan concession blocks in the Gulf of Thailand on Tuesday. A ministerial source said that Energy Minister Siri Chirapongphan had reaffirmed that the auction would be in the PSC (production sharing contract) format. He expected that it would
The Bangkok Metropolitan Administration marked the International Car Free Day this morning with an event in front of Central World shopping mall to urge motorists to reduce their use of private cars and switch to public transport. More than 1,000 cyclists participated in the car-free campaign presided over by Bangkok deputy governor Sakhonthee Pattiyakul. A
Thai exports for the month of August grew 6.68 percent to US$23.8 billion which was the highest so far this year, said Ms Pimchanok Wornkhorporn, director of Trade Policy and Strategy Office of the Commerce Ministry. Exports for the first eight months of this year rose 10.03 percent and, throughout this year, exports expected to
A total of 308 buyers of Ford Fiesta and Focus cars have won a class action lawsuit against Ford Sales and Service (Thailand) after the Bangkok South Civil Court ordered the car company to pay them a total of 23 million baht to compensate for defective vehicles. The verdict was delivered by the court this
Confidence index of business operators for the month of August was 92.5 points – down from 93.2 points recorded in July, according to the Federation of Thai Industries. FTA president Supan Mongkolsuthee said the drop in confidence index was due mainly to season factor – that was rain and flooding in several areas, especially in
Bangkok still has to watch out for possible flooding while massive run-offs from upper Thailand are expected to pass the capital through Chao Phraya River in the aftermath of Typhoon Mangkhut and the monsoon will continue for a month or two. The Bangkok Metropolitan Administration (BMA) is working closely together with the Royal Irrigation Department
The Cabinet on Tuesday approved more than 60 large-scale investment projects in the lower North and upper Northeast designed to facilitate and to connect with the government’s flagship Eastern Economic Corridor (EEC) scheme. These projects are grouped into six areas of development including a project to connect Thailand’s economic corridor with Luang Phrabang in Laos,
BEIJING (REUTERS) – China will levy tariffs on about US$60 billion worth of US goods in retaliation for new US tariffs, as previously planned, but has reduced the volume of tariffs that it will collect on the products. The tariff rates will be levied at 5 and 10 per cent, instead of the previously proposed
The amended copyright law will provide better protection to owners of copyrights by empowering them to notify internet service providers to “take down” their works such as music, films, books from websites without going through the court. Ms Nusara Kanchanakul, deputy director-general of the Department of Intellectual Property Rights, said Monday the amended copyright act
Wat Phra Chetuphon Wimon Mangkhalaram, better known as Wat Pho, in Tha Tian area of Bangkok’s old town, has beaten the Great Wall of China in the 2018 world’s top 25 landmarks by TripAdvisor. Also known as Temple of the Reclining Buddha, the Buddhist temple is ranked 17th this year, a jump from 24th last
Curtain was finally down today for the Royal Turf Club of Thailand, commonly known as the Nang Loeng racecourse, after 102 years in service as a venue of horse racing and legal betting since it was opened by then King Vajiravudh on December 18, 1916. To give the racecourse a fond farewell and a final
Air Asia has announced the cancellation of 32 regional flights through southern China scheduled on Sunday as they are expected to be affected by Typhoon Mangkhut. The affected return flights are Phuket-Macao, Don Mueng-Hong Kong, Don Meuang-Macao, Don Meuang-Shantou, Chiang Mai-Hong Kong, Utapao-Macao, Phuket-Hong Kong, Chiang Mai-Macao, Don Meuang-Kwangchow and Don Meuang-Shenzhen. The airline said
