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FTI, EXIM Bank to help support businesses to compete in world market

BANGKOK, 24 May 2019(NNT)- The Federation of Thai Industries and Exim Bank have planned to raise potentials and support for all levels of export sector ranging from SMEs to major manufacturers in effort to compete in the world...

Thailand unaffected by U.S. restrictions on Huawei

The Secretary-General of the National Broadcasting and Telecommunications Commission (NBTC) disclosed today that Thailand has not been affected by the United States’ curbs on Huawei at this stage. The NBTC has confirmed that Thai people can still use current Huawei phones, though...

FTA, GSP benefits for exporters rise in value

BANGKOK, 22 MAY 2019(NNT) - The Ministry of Commerce pushed for exporters to use the existing FTA and GSP benefits in the first quarter of this year, which have amounted to 18 billion dollars and accounted for a...

PM meets with World Bank Research Team

BANGKOK, 17 May 2019 (NNT) - The World Bank has reassured support for Thailand’s business sector since the government has conducted bureaucratic reforms to facilitate businesses, reduce costs while the country’s ranking on difficulties versus eases in doing...

Thailand to become 4th largest production base for EV batteries in Asia

The booming electric vehicle (EV) market in Thailand is increasingly evident in 2019 as a number of automakers have sought the Board of Investment (BOI)’s incentives to produce EVs here.  KResearch forecasts that the EV market share in the next five...

DPM accelerates spending of investment capital

BANGKOK, 17 May 2019 (NNT) - Deputy Prime Minister Somkid Jatusripitak has accelerated the spending of investment capital of five state firms while the national economy has slowed down, adversely affecting export sector. The deputy premier and Finance Minister...

OPCD submits report to World Bank research team

The Office of the Public Sector Development Commission (OPDC) has submitted a report on Thailand’s growth in 10 stages to a research team from the World Bank. The information will be used for the World Bank’s Ease of...

DIT’s 77th anniversary celebration

BANGKOK, 14 May 2019 (NNT) - The Department of Internal Trade (DIT) is responsible for the control of living costs and raising the pricing of farm products. The department this year celebrates its 77th anniversary. The department’s chief...