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Thailand’s exports likely to decline by 8%, yet slightly better outlook than previously predicted...

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National - Thailand's exports may shrink by 8 percent this year but are slightly better than the previous estimate of 10 percent due to a gradual recovery in global demand, the Thai National Shippers' Council...

New Minister of Finance officially and royally appointed, Royal Gazette announced today

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National - Former Transport Minister Arkhom Termpittayapaisith has been appointed as the new Thai Minister of Finance, the Royal Gazette announced today, October 5. By virtue of Section 158 of the Constitution of the Kingdom of...

International tourism numbers could plunge up to 80% in 2020, World Tourism Organization reports

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International - The World Tourism Organization (UNWTO) reports that the Covid-19 pandemic could lead to a decline of international arrival numbers between 60 to 80 percent worldwide, putting millions of jobs in the tourism industry...

Thai Government officially bans import of electronic waste in September, Foreign Trade director general...

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National - The Ministry of Commerce has announced that the import of 428 kinds of electronic waste had been officially prohibited since September 15 to ensure the protection of the country's environment. Keerati Rushchano, the Director-General...

Thailand’s GDP forecast to plunge by 10.4% after Covid-19, the worst economic recession in...

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National - Thailand's GDP is forecast to be the worst economic recession among ASEAN countries in the Covid-19 pandemic, said the World Bank yesterday, September 29. According to the organization's study of the economic growth of...

Bank of Thailand sets up study group over legitimate establishment of ‘Virtual Banking’ in...

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National - The Bank of Thailand revealed today, September 28, that the organization is setting up a study group to examine the process and the possibility of launching 'Virtual Banking' legitimately in Thailand, driven by...

Thai Airways to operate ‘flights to nowhere’ and flight simulator to generate company revenue

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National - Thai Airways is preparing to operate its own 'flights to nowhere' and a flight simulator under a new program called 'THAI Flying Experience & Beyond' for flyers who have been missing the experience...

Thai exports fall almost eight percent in August but have improved for two months...

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Thailand- The Commerce Ministry reported this week that Thai exports have fallen 7.94% to about 20.21 billion US dollars for the month of August 2020, although have improved for the past two months prior after...

Thailand to strictly control online pricing, requiring clear pricing in Arabic numerals

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National - The Royal Gazette announced yesterday, September 22, that the prices and details of goods and services must be displayed explicitly on their online platforms, with violators being fined up to 10,000 baht per...
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