News
Thailand Seeks US Talks After Trade Privileges Loss
Thailand plans to seek talks with the United States on a decision to end preferential trade privileges on a range of Thai exports including seafood, officials said Monday. Keerati Rushchano, acting director-general of the Commerce Ministry’s Foreign Trade Department, said his office has been warning exporters ...
Associated Press
Academics urge govt to boost labour rights protection in response to GSP suspension
Academics say Thailand has not been adequately protecting workers’ rights – both Thai and foreign – and though there is some improvement, existing laws and regulations still limit their rights. Their comments came after the US Trade Representative (USTR) announced last week that President Donald Trump ...
Wichit Chaitrong
Thailand to push forward digital development to strengthen ASEAN connectivity
Thai Prime Minister Prayut Chan-o-cha on Monday said he will lead Thailand to drive digital development in Southeast Asia as a means to strengthen connectivity among the Association of Southeast Asian Nations (ASEAN) members. Speaking at the “Digital Thailand Big Bang 2019” in Bangkok, Prayut said ...
Shi Yinglun
Trump’s GSP seafood cut gives Thailand 2020 GDP an early whack
The struggling Thailand economy received an unexpected whack for the year ahead yesterday (Oct 26) when US President Donald Trump suspended $1.3 billion worth of duty-free trade for Thai items, including seafood, under the Generalized System of Preferences (GSP) programme. President Trump is reported to have ...
John Le Fevre
What Thais want to see in 2020 Budget
In a few months’ time, the current Thai government’s position could be hanging in the balance. This is thanks to the country’s 3.2-trillion-baht (US$105.6 billion) fiscal 2020 budget which will have its third reading on 9 January next year. The 2020 fiscal year began on 1 ...
Sheith Khidhir
Many Thai products to lose GSP privileges in the US
Thailand’s Department of Foreign Trade will announce on Monday the details of its suspension of duty-free treatment for some Thai products under the Generalised System of Preferences (GSP). This follows US suspension on Friday of such preferred treatment for Thai products worth around US$1.3 billion, citing ...
The Nation Reporter
Thailand must boost cybersecurity infrastructure
Some 35 per cent of businesses in Thailand said their most significant cyber breach cost US$1 million or more in damage, a recent report noted. Cybersecurity technology is in high demand following the roll-out of the Cybersecurity Act and Personal Data Protection Act, as well as ...
Alita Sharon
Tackling Thailand's food-waste crisis
When one-third of all food produced globally is thrown away while nearly one billion people go hungry, food waste is not only a moral travesty, it’s also a crime against nature. Each year 1,300 tonnes of food waste in landfills around the world contributes 8% of ...
Thanthip Srisuwannaket & Caratlux Liumpetch
Thailand, Myanmar agree to use baht, kyat for cross-border payments
Veerathai Santiprabhob, governor of the Bank of Thailand, and his Myanmar counterpart U Kyaw Kyaw Maung, signed two memoranda of understanding (MoU) on October 18 during the IMF-World Bank meeting in the US. The signing was witnessed by Myanmar’s Minister for Planning and Finance U Soe ...
The Nation Reporter
Your data isn’t safe in Thailand
ASEAN has a problem as far as personal data protection goes, and at the bottom of this rung sits Thailand. In a study of privacy and surveillance of 47 countries – four of which are ASEAN – by British tech website Comparitech, Thailand was ranked ...
Sheith Khidhir