While Thailand could be said to have gone through a period of stagnation, and the economic situation certainly requires close monitoring, people should not be overly concerned, the Bank of Thailand said yesterday.
The tourism industry is expected to face another tough year if the government maintains martial law, the head of the Tourism Council of Thailand said yesterday.
The Commerce Ministry expects exports next year to grow by more than 5 per cent, a challenging target that is larger than the country's economic-growth forecast of 4-5 per cent in 2015.
The Energy Policy and Planning Office has asked retailers to cooperate in lowering petrol and gasohol retail prices to reflect the current weakening of global oil prices, said Energy Minister Narongchai Akrasanee, who chaired yesterday's EPPO...
Many locals working in the tourism industry are likely to lose their jobs to foreigners when the Asean Economic Community sweeps into the country next year.
The high level of household debt in a number of Southeast Asian countries poses a risk for private consumption growth and banks' asset quality, but is ultimately manageable, says Moody's Investors Service.
Travel operators have suggested targeting foreign tourists who are concerned about travelling to the West because of the Ebola outbreak.
Thai firms likely to do well from mass of Myanmar projects
Greater opportunities await Thai businesses and investors wishing to trade and invest in Myanmar, in particular in border provinces and nearby areas, as the two Asean countries draw closer and special economic zones (SEZs) are established.
TrueMove and Digital Phone Co will be required to pay to the government net income earned from continuing to serve customers during the past almost one year after their concessions expired in September 2013.