Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
Prime Minister Srettha Thavisin invited Microsoft to invest in developing Thailand as a regional data centre during an informal discussion with Microsoft executives in New York on Thursday evening. An informed source, close to the prime minister’s delegation, said that Microsoft executives claimed that Thailand has the potential of becoming a data centre in Southeast
This Thai government’s top priority is to re-energise Thailand’s competitiveness and position as a leading investment destination, an engine of growth in the region and as a place where people can equally enjoy a quality life, said Thai PM Srettha Thavisin. He was delivering remarks at a gala dinner, hosted in his honour by the
Transport ministry will press ahead with the land bridge project, to link a deep-sea port in Ranong on the west coast with a deep-sea port in Chumphon on the east coast by rail and motorway systems, to facilitate goods shipments to destinations beyond Thailand without going through the Straits of Malacca. Transport Minister Suriya Juangroongruangkit
Thai Prime Minister Srettha Thavisin has pledged to work for Sustainable Development Goals (SDG) attainment to uplift the lives and well-being of Thai people. Srettha promised to leave no one behind and to promote and protect the human rights of all people. The pledges included pushing cooperation in support of climate action. He was delivering
Interior Minister Anutin Charnvirakul admitted today (Tuesday) that solving the Green Line train issue, which involves massive debt, concession contracts and legal disputes, is complicated and difficult and will take time to resolve. This statement was made after Anutin met with Bangkok Governor Chadchart Sittipunt for a discussion on the BTS issue. The Interior Ministry
Thailand’s minimum wage is expected to be increased to 400 baht/day, tentatively from January 1, according to Prime Minister Srettha Thavisin. He said that the increase should, however, be in line with economic growth, forecast at about 5% next year, after the government has rolled out several measures to stimulate the economy, including cuts in
Thailand’s Central Administrative Court has revoked a ruling by an arbitration tribunal, ordering the Ministry of Transport and State Railways of Thailand (SRT) to pay Hopewell Thailand Company 24 billion baht plus interest for breach of contract for the cancellation of the controversial Hopewell road and rail project back in 1998. The Central Administrative Court’s
The Finance Ministry is expected to have answers within ten days to clear public doubt about the source of funding for the government’s digital wallet scheme and the actual amount of money needed, Deputy Finance Minister Julapun Amornvivat said today (Monday). After a special cabinet meeting today, he said that he has scheduled a meeting
Prime Minister Srettha Thavisin will fly to Beijing early next month for a three-day official visit, a highly placed source said yesterday (Sunday). China will be the first country Srettha will visit after his maiden appearance at the United Nations General Assembly (UNGA) in New York. During his trip to the US, he will attend
National Social and Economic Council (NESDC) is unsure that the digital wallet scheme will boost domestic consumption to the level desired by the government, as the current consumption rate remains high. According to the NESDC’s second quarter report this year, private sector consumption has increased by up to 7.8% for the first half of this
Prime Minister Srettha Thavisin promised today (Saturday) that the price of petrol will be cutt, after the prices of diesel and electricity are further reduced. He urged people to have patience, because the government needs to do one thing at a time, beginning with those matters which are most urgent, saying that the government is
Move Forward party deputy leader Sirikanya Tansakul has accused the government of overspending by resorting to borrowing an additional 130 billion baht to partially fund the 560 billion baht digital wallet scheme. She said that the national budget for the 2024 fiscal year, which was originally set at 3.35 trillion baht, has been increased to
