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Thailand sees a 10.46 percent drop in 2020 utilization rate of FTA and GSP
Export amount of Thailand using Free Trade Agreement and Generalized System of Preference in 2020 totaled 62.338.86 million U.S. dollars, with a utilization rate of 76.06 percent and an overall utilization fall of 10.46 percent throughout 2020, said the Director General, Department of Foreign Trade.
China joins Thailand, UAE in digital currency research project
Central banks of China, Thailand and the United Arab Emirates as well as Hong Kong Monetary Authority have launched the Multiple Central Bank Digital Currency Bridge project to study the application of CBDC in the field of cross-border payment, the People's Bank of China said Wednesday.
Thailand receives 1st batch of COVID-19 vaccines from China's Sinovac
The first batch of COVID-19 vaccines that Thailand ordered from China's Sinovac Biotech arrived in the capital Bangkok Wednesday, putting the country on track to kickstart its national inoculation program.
Thai fruit exports to China surge despite pandemic impacts
Thailand's export value of fruit products to China surged 39.43 percent year on year in 2020 despite the impacts from the COVID-19 pandemic.
Thailand mulls over gov't grant for 11 million insured employees
Thailand plans to provide a government grant to insured employees, which is expected to benefit 11 million Thais, a senior official confirmed Wednesday.
Thailand embraces growth in both exports and imports
Thailand's exports reached 20.08274 billion U.S. dollars, up 4.71 percent against the original expectations of a 1.3-2.4 percent contraction.
Thai Prime Minister urges subsidies for combating COVID-19
Thai Prime Minister and other offcials discussed the use of subsidies to help people affected by the COVID-19. It remains to be seen will relevant measures be proposed and deliberated at the cabinet council tomorrow
Thailand to issue new outbreak-related policies and expand existing aid policies
Thai Prime Minister and Defense Minister General Prayut Chan-o-cha said in his speech after cabinet meeting that he had learned of the proposal of Thailand's Center for COVID-19 Situation Administration to upgrade epidemic control measures across Thailand and stressedjoint efforts against COVID-19.
Thailand to lower its GDP growth forecast for 2021 from earlier 4.5 percent
The Ministry of Finance (MoF) tended to lower its GDP growth forecast for 2021 from 4.5 percent of earlier growth rate forecast as Thailand's economic performance in 2020 was better than expected.
BMTA recovery plan may be submitted to the Cabinet in December
Thailand's Minister of TransportSaksayam Chidchob, announced the progress of the Bangkok Mass Transit Authority (BMTA) Recovery Plan and said that BMTA may put the first batch of electric buses into use around May 2021.
Thailand's October MPI falls 0.54 percent
Thailand's Manufacture Production Index (MPI) was 95.72 in October 2020, down 0.54 percent from last year and 2.15 percent from previous month with an overall contraction of 10.33 percent from January to October, Thongchai Chawalitphichet said, the Director-general, Office of Industrial Economics.
Thailand to encourage a smart government amid digital technology
Thai Prime Minister and Defense Minister Prayut Chan-o-cha presided over the opening ceremony of Gov Cloud 2020: The Future of Digital Government and delivered a speech.
Huawei Technologies Thailand to invest 23 mln USD in new data center
Huawei Technologies Thailand on Wednesday announced plans to invest 700 million baht (23 million U.S. dollars) in establishing its third data center in Thailand in the year 2021 as part of the tech powerhouse's effort in supporting Thailand to be become a digital hub of the ASEAN.
Ministry of Commerce wants Thailand's export to China expanded under the BRI
Jurin supported China's interconnectivity strategy under the Belt and Road Initiative (BRI) and urged the use of the connectivity facilities of ports around Beibu Gulf to boost two-way logistics and broaden the export channels of Thai goods to China, Central Asia and even Europe.
Thailand plans to reduce COVID-19 quarantine to 10 days
Thailand’s deputy prime minister and minister of public health Anutin Charnvirakul announced that the first batch of tourists with STVs from Chinahad been tested for COVID-19 before departure and would undergo the 14-day quarantine after arrival, and required intensive care for those tourists.
Thai central bank to ease overseas investment rules to temper Thai baht
The Thai central bank on Wednesday said in its weekly press conference that it will ease overseas investment rules by early next year, allowing more capital outflow, to temper down the strong Thai baht currency.
Thailand Cabinet Approves Three Programs to Bolster Consumption
Three programs have been approved by the cabinet meeting, i.e. national welfare card recharge, "co-payment" program and "shopping for rebate" program. More programs for special groups are to be expected.
Belt and Road Countries -- Thailand
China and Thailand signed a Memorandum of Understanding (MOU) for cooperation on the Belt and Road Initiative (BRI) on September 4, 2017.
Thailand OAE and OADR Apply AI Technology in Agricultural Research to Meet EEC Demand
The Office of Agricultural Economics (OAE) and the Office of Agricultural Development Research (OADR) of Thailand signed a memorandum of understanding (MOU) on partnership.
Thailand's August headline CPI drops 0.50 percent
According to the Trade Policy and Strategy Office at Ministry of Commerce, Thailand's consumer price index (CPI) in August 2020 reached 102.29, down 0.50 percent from a year earlier, after a 0.29 percent rise in July and an average decline of 1.03 percent from January to August.
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