Free trade deal with GCC countries
A government spokesman, Chai Wacharonke, says that Thailand wants to have a free trade deal with Gulf Cooperation Council (GCC) countries to encourage business and trade. On Saturday, Prime Minister…
BMW will finalize its EV plant plan before the end of the year
By the end of the year, Munich-based premium car manufacturer BMW Group Thailand will have finished its plan to construct an electric vehicle (EV) factory in Thailand in order to…
PM Srettha has chaired the meeting of the LOI signing between TAT and 8 Chinese tourism partners
Thailand’s Prime Minister, Mr. Srettha Thavisin, conducted his first official visit to China this week. During this visit, he presided over the signing ceremony of a letter of intent (LOI)…
Thai bank says “digital wallet” is unnecessary
The House Economic Affairs Committee heard testimony from a Bank of Thailand representative today (Thursday) that the digital wallet program is not particularly necessary because private sector consumption has been…
Poll reveals 79% of the Thai citizens approve the digital wallet
Approximately 79% of respondents in a poll conducted by the National Institute of Development Administration (NIDA) expressed their support for the government’s digital wallet scheme and their willingness to accept…
Petroluem firms worry about oil price fluctuations
PTT Exploration and Production Plc (PTTEP) CEO Montri Rawanchaikul expressed worries about intensified price fluctuations if the conflict expands to other areas. The parent company, PTT Plc, shared a similar…
Caltex fuels growth acceleration plans for Thailand
Caltex announced its strategic plan to grow the business in Thailand by ramping up its retail portfolio nationwide while continuing to enhance brand value by offering high quality services and…
Blockchain app use to develop app for the digital wallet
The Thai government plans to provide a 10,000 baht stipend through a digital wallet in order to streamline public services and boost the economy. The government is initiating a digital…
Premier rallies support for digital wallet scheme
Prime Minister Srettha Thavisin is urging people who support the government’s 10,000-baht digital wallet plan to make their voices heard amid calls for a review of the scheme by economic…
IMF cuts Thai GDP Growth forecast to 2.7% for 2023
The IMF has revised Thailand’s economic growth rate for this year and 2024 downwards due to global uncertainties, such as China’s economic slowdown and conflicts between Israel and Palestine. Here…