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Indonesia, Thailand vow to boost trade after 3-year slow decline
February 12, 2016 1:30 pm

Indonesia, Thailand vow to boost trade after 3-year slow decline

JAKARTA - A decline in bilateral trade, along with maritime and transnational crime, was among the issues addressed in Thursday’s meeting between the Indonesian and Thai foreign ministers, and the two have vowed to enhance economic relations to...

Unstable kyat may hit economy
February 12, 2016 1:00 am

Unstable kyat may hit economy

MYANMAR’S foreign-exchange market has become a victim of global volatility as the kyat surges against the US dollar, which recently weakened against other currencies. Exacerbating the situation is the influence of local speculation, driven mainly...

Boat show floats Asean marina hub idea
February 12, 2016 1:00 am

Boat show floats Asean marina hub idea

DEPUTY Prime Minister Tanasak Patimapragorn opened the inaugural “Thailand Yacht Show” (TYS) in Phuket yesterday, as the country positions itself to benefit, directly and indirectly, from superyachts and their ultra-wealthy owners.

Snap rise in excise tax on cigarettes could bring in an extra income...
February 11, 2016 1:00 am

Snap rise in excise tax on cigarettes could bring in an extra income...

THE FINANCE Ministry’s Excise Department is targeting income generated from the excise duty on cigarettes rising from Bt60 billion in the last fiscal year to Bt70 billion this fiscal year, following yesterday’s announcement of a hike in the tax.

Ad industry counting on govt spending this year
February 11, 2016 1:00 am

Ad industry counting on govt spending this year

AMID THE economic slowdown this year, the Media Agency Association of Thailand hopes that government spending via the Pracha Rath policy will help maintain 3.5-per-cent growth in advertising expenditure to Bt141 billion.

Two-way push towards ‘entreprenurial society’
February 11, 2016 1:00 am

Two-way push towards ‘entreprenurial society’

THE PUBLIC and private sectors are joining forces to turn Thailand into an entrepreneurial society, where start-ups and nimble small and medium-sized enterprises are groomed to become a major driving force of the economy, said Deputy Prime Minister...

SCB's Bt100m fund for SMEs and start-ups
February 10, 2016 6:30 pm

SCB's Bt100m fund for SMEs and start-ups

Siam Commercial Bank launches three projects to promote local small and medium-sized enterprises (SMEs), including a venture capital fund worth Bt100 million.

JSCCIB backs TPP membership, will study ‘Asean hub’ idea
February 10, 2016 1:00 am

JSCCIB backs TPP membership, will study ‘Asean hub’ idea

The Joint Standing Committee on Commerce, Industry and Banking yesterday came out in support of Thailand joining the Trans-Pacific Partnership, while setting up a working group for the "Asean hub" scheme.

2nd overseas-investment mentor project for SMEs
February 10, 2016 1:00 am

2nd overseas-investment mentor project for SMEs

After an earlier success, the Commerce Ministry is preparing a second foreign-investment project in CLMV nations (Cambodia, Laos, Myanmar and Vietnam) and other Asean countries for Thai small and medium-sized enterprises with major Thai corporations...

Thai delegation arrives in Dhaka
February 9, 2016 1:00 am

Thai delegation arrives in Dhaka

A HIGH-profile 13-member Thai delegation was scheduled to arrive in Dhaka yesterday to hold discussions on a coastal shipping deal to facilitate faster and cheaper cargo movement between the two nations.