Thailand is confident of being competitive during the first round of free-trade talks with the European Union even though there is no level playing field in the service industry.
Thai exports are expected to enjoy better growth in the second half of the year, as companies anticipate concrete government action to stabilise the baht and penetrate new markets.
Thawatchai Arunyik, deputy governor for domestic marketing at the Tourism Authority of Thailand, has been selected as the TAT's next governor to replace Suraphon Svetasreni, whose contract with TAT will end on December 21.
Tourism officials downplayed the impact of Tuesday night's power outage in the South, but tourism operators and the country's biggest private-sector association expressed fears for their business and demanded the government take steps to...
A new battle is brewing between the government and the Bank of Thailand, with one camp pushing for an interest-rate cut to help the export sector and the other doubting the case for such a move.
The auction of 24 commercial terrestrial digital TV licences will be delayed by about a month from August or September as planning has been taking more time than expected.
The Commerce Ministry will focus on boosting exports to Myanmar, India, Russia and CIS, Australia, Africa and the Middle East to compensate for losses to China, Latin America and South Korea.
The National Broadcasting and Telecommunications Commission's telecom committee yesterday approved a new fee for the mobile-number portability service of Bt29 per transaction, effective by June 30, much lower than the current Bt99.
A meeting of directors of Thai trade offices in overseas markets, chaired by Commerce Minister Boonsong Teriyapirom, yesterday acknowledged that exports would increase by only 5 per cent this year, down from the previous target of 8-9 per cent.
Economic growth came in worse than expected at 5.3 per cent year on year in the first quarter, given lower-than-forecast export expansion of 4.5 per cent to US$56.18 billion (Bt1.67 trillion) after slowing purchasing orders from major markets,...