Thailand is planning to loosen foreign investment and licensing regulations on foreign participation in some business sectors relating to banking and insurance.
The World Bank (WB) and the Economic and Social Commission for Asia and the Pacific (ESCAP) have shown concerns about Thailand’s economic prospects forecast for 2016.
Thai rice farmers, millers and exporters have agreed to the government's plan to cut rice production in the 2016-17 crop, according to the local website “Bangkokpost.com”.
PFP Group, a frozen seafood producer from Thailand, plans to set up a joint venture factory in Vietnam in the next three to five years to minimise business risks.
Vietnam and Thailand have agreed to complete their domestic procedures at an early date, in order to reach an agreement on setting up a hotline for their fishing activities.
Thailand will purchase 200,000 tonnes of rubber directly from growers in its southern provinces at up to 60 THB (1.65 USD) per kilo to provide assistance for the farmers suffering from the price slump
The Customs Department of Thailand has announced the consideration of cutting down 30 percent of import duty imposed on luxury items as an effort to boost tourists’ spending.
Thai Prime Minister Prayuth Chan-ocha has ordered relevant agencies to ensure the strict enforcement of law as part of the effort to prevent social violence and conflicts in the coming time.
The Government of Thailand has put forth a tourism development strategy that looks to turn the country into one of the five leading global destinations in the next 20 years.
Thailand plans to produce about 25 million tonnes of rice in the 2016-2017 crop instead of the normal production output of between 31-32 million tonnes in the last periods.
Sixteen people, most of them children, were injured when a tent collapsed during a Children's Day show outside a shopping centre in Bangkok on January 9, according to local police.
Thai government will add 4.4 billion baht, or 121.5 million USD, into the 2016 budget for its security forces to stamp out separatist groups in southern Muslim-majority provinces.
Former Thai Prime Minister Chuan Leekpai, 77, said on January 5 he would run for the next election as he believed only those who represented the Thais understood their problems.