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Government launches measures to help SMEs access financial sources

BANGKOK(NNT) - Since the Prime Minister and Defense Minister, Gen. Prayut Chan-o-cha, commented on the difficulty of solving economic problems, his statement has drawn comment from different sides. The Finance Minister, Uttama Savanayana, posted a message on his...

Transport Ministry considers 514 billion baht budget for fiscal…

BANGKOK (NNT) - Transport Minister Saksayam Chidchob, who chaired a meeting on the 2021 budget with eight agencies and six state firms attached to the Ministry of Transport, said the ministry has applied technology to the administration and...

Commerce to use FTAs to boost agricultural exports

BANGKOK (NNT) - With the sluggish global economy hurting foreign trade, the Ministry of Commerce has seen that free trade agreements (FTAs) can give Thai businesses a competitive advantage while supporting Thai farmers. With no tariff barriers from...

BOT projects 2.8% 2020 economic growth from recovered export…

BANGKOK (NNT) - The Bank of Thailand has announced a 2.8% growth projection for the Thai economy in 2020 thanks to a better performing export sector, while the country’s economic performance in November 2019 is still in a...

Commerce Ministry increases e-commerce monitoring

BANGKOK (NNT) - The boom in online retailing has resulted in numerous complaints from customers via the Department of Internal Trade’s 1569 hotline, regarding consumer exploitation. The Department of Internal Trade’s Deputy Director General Chatchai Saksilapachai revealed today that...

Finance Ministry prepares new round of state welfare registrations

BANGKOK (NNT) - The government’s state welfare scheme has helped people with an annual income of 100,000 baht or less to have a better quality of life. The scheme that was launched in mid-2019, now has 14.6...

DPM discusses NESDB 2020 economic measures

BANGKOK (NNT) - Deputy Prime Minister Somkid Jatusripitak attended a meeting with NESDB executives during which he delivered policies on economic measures in 2020, stressing NESDB’s role as the main agency able to determine national social and economic...

Thailand to legalize Grab Taxi in March 2020

BANGKOK (NNT) – The government is taking steps to legalize Grab services, expected to be effective from March 2020, beginning with the Grab taxi service. The Grab motorcycle service is pending further study. Deputy Government Spokesperson Traisulee Traisoranakul quoted Transport Minister Saksayam Chidchob as saying the legalization of Grab services via their...