Biden Launches Indo-Pacific Economic Framework
TOKYO — U.S. President Joe Biden announced on Monday the launch of the Indo-Pacific Economic Framework (IPEF), which includes a dozen Indo-Pacific countries and is designed to provide a counterweight…
Thailand to begin talks on Indo-Pacific Economic Framework
The Cabinet has decided to join talks on the US’s newly proposed multilateral trade agreement, known as the Indo-Pacific Economic Framework for Prosperity (IPEF).According to the Thai government’s website, the…
Thailand to begin talks on Indo-Pacific Economic Framework
The Cabinet has decided to join talks on the US’s newly proposed multilateral trade agreement, known as the Indo-Pacific Economic Framework for Prosperity (IPEF).According to the Thai government’s website, the…
Thai industrial sector confidence in April lowest in five months
The confidence index of Thailand’s industrial sector for April has dropped to 86.2, the lowest since last December, due to concerns over rising production costs, according to President of the…
Starr Insurance Companies Expands in Thailand
NEW YORK, May Starr Insurance Companies (Starr) announced an agreement with FPG Insurance Holdings Limited (HK) (FPG) and local Thai shareholders to purchase FPG Insurance Public Company Limited (FPG Thailand),…
Excise tax on diesel cut by five baht/litre for two months amid high prices
The Thai cabinet decided to slash excise tax on diesel by 5 baht/litre for two months today (Tuesday), effective from May 21, to help ease the financial burden on consumers.The…
Shanghai hits prized ‘zero COVID’ status but lockdown lingers
Shanghai achieved its long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones on Tuesday but most residents will have to put up with confinement for…
Japan to Welcome Limited Tour Groups
Japan says it will begin welcoming tour groups as a means of returning to full-fledged tourism.The government’s tourism agency announced Tuesday that small groups from Australia, Singapore, Thailand and the…
Thailand’s 2022 GDP growth projection cut to 3%, 2.2% recorded for Q1
The National Economic and Social Development Council (NESDC) has decided to cut Thailand’s gross domestic product (GDP) growth projection for 2022 to between 2.5% and 3.5%, or an average of…
Performance of the Thai Banking System in the First Quarter of 2022
Ms. Suwannee Jatsadasak, Senior Director, Bank of Thailand, reported on the Thai banking system’s performance in the first quarter of 2022 that the Thai banking system remained resilient with high…