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Economy

Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.

Garbage monthly collection fee in Bangkok rises to Bt60

Households in Bangkok which do not separate their recyclable garbage will pay a higher collection fee of Bt60 per month to the Bangkok Metropolitan Administration.

30 Oct 2024

Thailand’s OECD membership process begins

The prime minister met today with Mathias Cormann, secretary-general of the Organisation for Economic Co-operation and Development (OECD), initiating the process for Thailand to join the 38-member organization.

30 Oct 2024

Thailand able to handle 1 million flights a year with third runway at Suvarnabhumi

Thailand’s airports will be able to handle up to one million flights per year when the third runway at the Suvarnabhumi airport opens for full operations next year, Deputy Transport Minister Manaporn Charoensri said today.

28 Oct 2024

Six Thai airports to implement Biometric check-ins

Biometric facial recognition will be introduced at six airports for domestic air travel on November 1st and for international air travel a month later, according to Airports of Thailand (AOT), the operator of commercial airports in Thailand.

28 Oct 2024

WB urges Thailand to prioritize sustainable flood management

The World Bank (WB) has raised concerns over Thailand’s vulnerability to frequent flooding, urging the government to adopt sustainable, long-term strategies for climate resilience.

28 Oct 2024

Investment project applications in first 9 months highest in 10 years

Investment project applications in the first three quarters of this year increased by 4% year on year, to 2,195 projects worth an estimated 722.5 billion baht.

20 Oct 2024

The rise and fall of iCon Group: Thailand’s e-commerce dream to pyramid nightmare

Whether it is Thailand's largest pyramid selling scheme or its most successful e-commerce business, The iCon Group has stirred a storm that extends far beyond the country’s borders.

20 Oct 2024

Finance Ministry to review qualifications for state welfare cards

Next month, the Finance Ministry will review the criteria for qualification to receive financial support from the state under the state welfare card program.

20 Oct 2024

Moo Deng trademark granted to initial 38 entities, more expected soon

The Zoological Park Organisation of Thailand has announced the first 38 entities that have been granted official permission to use the “Moo Deng” trademark on their products and services, said Director Attaporn Sriheran.

19 Oct 2024

Diesel price to be capped at Bt33 per litre until end of year: Pirapan

The Energy Ministry will try to maintain the pump price of diesel at not more than 33 baht/litre, a cap which was due to end on October 30 until the end of the year.

17 Oct 2024

Finance Ministry hopes for another cut in key interest rate

The Finance Ministry has welcomed the Bank of Thailand’s Monetary Policy Committee’s (MPC) decision to cut the key interest rate by 25 basis points, to 2.25%, and expects a further 25 basis point cut at its next meeting, said Finance Minister Pichai Chunhavajira today.

17 Oct 2024

Thai central bank cuts policy rate for first time in four years

The Bank of Thailand’s Monetary Policy Committee (MPC) voted 5:2 today to cut the key policy rate by 25 basis points, to 2.25% with immediate effect, as the central bank comes under increasing pressure from the government and the private sector to ease borrowing costs to boost the sluggish economy.

16 Oct 2024
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