News
Non-ASEAN investors now qualify for local privileges
Non-ASEAN-based investors who have already invested in ASEAN will now be eligible for privileges enjoyed by their ASEAN counterparts in five sectors: agriculture, fisheries, forestry, mining and industrial. The International Economic Policy Committee chaired by Prime Minister Prayut Chan-o-cha on August 22 approved a proposal by ...
Economic corridor transport projects expected to go to Cabinet soon
Deputy Prime Minister Somkid Jatusripitak expects to propose the transport-system projects to serve the planned East Economic Corridor to the Cabinet in October. “If these projects are proposed to the Cabinet, they will go ahead swiftly, early next year. I’d like to see the East Economic ...
Targeted strategies to boost exports being devised
The ministry’s International Trade Promotion Department will allocate the largest proportion of its trade-promotion budget for ASEAN markets, focusing on Cambodia, Laos, Myanmar and Vietnam. Malee Choklumlerd, director-general of the department, said it had been allocated a budget of Bt2 billion for the upcoming fiscal year, and ...
Mekong river rising rapidly at Nong Khai
Water in the Mekong River at this border town is rising alarmingly and municipality officials are preparing to shut drainage outlet pipes to prevent water from the river seeping into the city and causing flooding, reports said. On August 17, the river level was 10.19 ...
Thailand gains clout as Southeast Asia's leading investor nation
Thailand has emerged as one of Southeast Asia’s most enthusiastic investors in mutual funds as a growing middle class seeks ways to better manage its financial assets. “The Thai percentage is high, compared with the Southeast Asian average of about 10%,” said Yohei Kitano, senior analyst at ...
Authorities join private sector to rebuild tourism
The Tourism Authority of Thailand predicted that the country may lose 100,000 to 200,000 foreign tourists following the blasts, which would mean a loss of some Bt5 to Bt10 billion in tourism income this year. Kobkarn Wattanavrangkul, Minister of Tourism and Sports, said on August 16 that tourism authorities ...
Nan declared disaster zone as North struggles with inundation
Officials in Thailand’s Nan province have declared six districts in the northern province flood disaster zones, while neighbouring provinces also recover from severe flooding. The Meteorological Department of Thailand warned residents in the North, notably in the provinces of Mae Hong Son, Chiang Mai, Chiang Rai ...
Severe flooding ravages North
Downpours have triggered severe floods in wide areas in the northern provinces of Nan and Phayao, ravaging properties and prompting officials to warn residents to brace for further damage amid the persistent rain. Schools and several hundred houses in the two northern provinces of Thailand were ...
State seeks ways to raise shipments
The government is scheduled to call a joint meeting of Thai commercial counsellors and trade ministers from 65 offices worldwide next month to evaluate exports in the remaining months and map out new strategies to boost shipments in the year to come. Infrastructure development projects such ...
Numerous bombs in the South after Hua Hin blasts
A string of explosions rocked southern provinces as the nation celebrated Her Majesty the Queen’s birthday. The blasts on August 5 came just hours after one person was killed and nearly 20 injured, including foreign tourists, by two explosions in Hua Hin, Thailand on the ...
