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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.

Tang Hua Seng to survive closure with new investors

The Tang Hua Seng Thonburi branch will survive closure, as it has acquired new investors. Details of the investment will be discussed later, said Kittipong Kittipatsorn, the store’s advisor.

10 Sep 2024

Two million more digital lottery tickets sell out in just 22 seconds

Two million additional digital lottery tickets, introduced by the Government Lottery Office (GLO) for the September 16th draw, were sold in just 22 seconds, GLO Director Lt-Col Noon Sansanakhom disclosed today.

10 Sep 2024

Rumours of department store closure causes rush of bargain hunters

Scores of people flocked to grab close-out bargains at Tang Hua Seng department store’s Thon Buri branch today, after reports went viral online that it would close for good tomorrow.

09 Sep 2024

Local and foreign investors bullish over latest political developments

The Thai stock market remained above 1,400 points on Thursday, with total trading volume of over 81.7 billion baht, as local and foreign investors reacting positively to the official announcement of the cabinet line-up and the opening of the Vayupak Fund for public subscription on October 1st.

05 Sep 2024

Construction on Rama 2 Road to be completed in June next year

Transport Minister Suriya Juangroongruangkit gave his assurance today that the three road projects, currently under construction on the Rama 2 Road (Highway 35), will be completed and opened to traffic in the middle of next year.

04 Sep 2024

Transport Ministry drafts "Land Bridge" legislation

The Ministry of Transport is drafting the Southern Economic Corridor (SEC) bill, to support the construction and operation of the Pheu Thai party’s ambitious ‘land bridge’ mega project.

02 Sep 2024

Private sector submits urgent proposals to government to boost GDP

The Thai Chamber of Commerce submitted three urgent proposals to the government today, aimed at enhancing the confidence of Thai and foreign investors, increasing the competitiveness of Thai SMEs and the formulation of a national strategy for sustainable growth.

22 Aug 2024

Surviving the economic upheaval: why local mobile food businesses are thriving

The business news says it all: Thai factories and SMEs are closing one after another and those who are surviving are deep in debt as they fight off competition from cheaper imports.

23 Aug 2024

“Digital wallet” benefit may be paid in cash - Phumtham

Caretaker Deputy Prime Minister Phumtham Wechayachai gave an assurance today that the Pheu Thai party will proceed with the “digital wallet” scheme as promised, but may adjust it by distributing cash, instead of ‘digital money’ through the “Thang Rath” platform.

21 Aug 2024

Digital wallet scheme remains unchanged – Julapun

Caretaker Deputy Finance Minister Julapun Amornvivat attempted to allay public concern today, that the “digital wallet” scheme may be scrapped, following the ousting of Prime Minister Srettha Thavisin and his entire cabinet by the Constitutional Court.

14 Aug 2024

MRT Blue Line fares to rise from July 3

The Cabinet has agreed to increase MRT Blue Line fares from Bt17-Bt43 to Bt17-Bt45, effective from July 3. Deputy Government Spokesperson Kenika Anudit revealed yesterday that the cabinet had approved the draft regulations of the Mass Rapid Transit Authority of Thailand (MRTA), concerning common fare setting, common fare collection and types of passengers exempted on

12 Jun 2024

Supreme Court rules in favour of MRT-BEM deal for Orange Line extension

The Supreme Administrative Court upheld the Central Administrative Court’s ruling today, allowing the Mass Rapid Transit Authority (MRT) to sign a contract with Bangkok Expressway and Metro Public Company (BEM) for the construction of the Orange Line extension, from Bang Khun Non to Min Buri. A lawsuit was filed in the Central Administrative Court by

12 Jun 2024
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