Business

Decades before Sustainable Development became the buzzword of UN agencies, Thailand had already experienced it with the Sufficiency Economics theory, perhaps the most everlasting legacy of King Bhumibol Adulyadej. As a result, Thailand came to understand, and to apply the…

During the ASEAN summit earlier this year in Bangkok, the Thai government, as the ASEAN chair, pushed RCEP members to agree to conclude RCEP talks by the end of this year. RCEP is a proposed free trade agreement between the…

Economic issues dominate concerns for business executives around the world, according to the World Economic Forum’s Regional Risks for Doing Business 2019 report. In a survey of nearly 13,000 business leaders in over 130 countries, respondents ranked “fiscal crises” as…

A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between September 27th and November 30th, on the first day. The…

Decades of astonishing economic growth have given China new tools for extending its influence abroad and achieving its political goals. Some of these tools are inducements, including Belt and Road Initiative projects and new development financial institutions. But China has demonstrated that it…

The sales rate for new condos launched in Bangkok in the second quarter fell to 15.7 %, an all-time low, beating the lowest previous quarter (35%) in 2010 when the “red shirt” political crisis brought Bangkok to a standstill. Risinee…

The Global Destination Cities Index—which ranks 200 cities based on proprietary analysis of publicly available visitor volume and spend data—reveals that Bangkok remains the No. 1 destination, with more than 22 million international overnight visitors. Paris and London, in flipped…

The Thai baht has been the best performing currency in emerging Asia since 2018. On a year-on-year basis, it has roared more than 8 per cent against the US dollar and this year reached a six-year high. But according to…

You only have to look at the highly politicized troubles around the introduction of the act known as Obamacare in the US to see how fraught overhauling a healthcare system can be. The country’s Affordable Care Act looks to tackle…

As the intensifying US-China trade war plunges the world into an economic slowdown, Thailand urgently needs to review trade policies to save its export-dependent economy. One thing is clear: Trade conflicts between the world’s two biggest economies will drag on…