The Nation
Many Thai products to lose GSP privileges in the US
Thailand’s Department of Foreign Trade will announce on Monday the details of its suspension of duty-free treatment for some Thai products under the Generalised System of Preferences (GSP). This follows US suspension on Friday of such preferred treatment for Thai products worth around US$1.3 billion, citing ...
The Nation Reporter
Thailand, Myanmar agree to use baht, kyat for cross-border payments
Veerathai Santiprabhob, governor of the Bank of Thailand, and his Myanmar counterpart U Kyaw Kyaw Maung, signed two memoranda of understanding (MoU) on October 18 during the IMF-World Bank meeting in the US. The signing was witnessed by Myanmar’s Minister for Planning and Finance U Soe ...
The Nation Reporter
Push to boost cross-border economic ties with Mekong-Lancang countries
Commerce Minister Jurin Laksanawisit said on Monday (October 7) that the Cabinet has approved a proposal for cross-border economic ties under the Mekong-Lancang cooperation framework. The director-general of the Department of Trade Negotiation has also been given the job of visiting Laos on October 8 to ...
ADB seeks co-financing of Thai projects
The Asian Development Bank (ADB) is looking to co-financing deals of mass transit, double-track rail and renewal energy projects with the Thai companies, said Hideaki Iwasaki, the bank’s country director in the Kingdom. He said Thai government is in a strong fiscal position and has not borrowed much ...
Spread of fake news not just a threat to media, but hurts society and business too: Media leaders
The rise of fake news is an existential moment for journalism, and there needs to be a combined global effort to combat it. Such a move is crucial, especially with the rise of tech platforms which have accelerated the spread of falsehoods online, media leaders said ...
Leading Thai economist blames inequality for Thailand’s ills
Thailand needs new thinking on its economy, moving away from the emphasis on growth and consumption to the quality of life rather than the quantity of things, said Pasuk Phongpaichit, Emeritus Professor in Political Economy, Chulalongkorn University. She made the remark at the Fukuoka Prize Symposium ...
Sirivish Toomgum
Panel to take charge of EEC Development Fund
The Eastern Economic Corridor Policy Committee (EECPC) plans to set up a management committee of the EEC Development Fund, which will monitor and make compensations to local communities affected by the mega project, in line with government policy. EECPC secretary general Kanit Sangsubhan will head the ...
Concerns rise over microplastics in stomachs of mackerel
The discovery of microplastics in the stomachs of mackerel caught in Trang Sea have raised concerns, but the 3rd Marine National Park Operation Centre urged Thais on Wednesday to refrain from panicking and shunning mackerel. The centre urged people to instead get full awareness of the ...
ASEAN SMART Patrol, a hope for the region’s forests
As a park chief himself, Soeung Khemarak, the deputy director of the Oyadav National Park in Rattanakiri province, fully understands the problems faced by Cambodia’s Kulen Prum Tep Wildlife Sanctuary and adjacent parks near the border with Thailand where bombs, illegal logging and poaching are ...
Mekong water level rising, but still very low
Water in the Mekong river in this northeastern border province is rising steadily, but the level is still very low compared to last year, local media reported. After months of being at a critical level, the water level in the Mekong river has risen, thanks to ...
Pattanapong Sripiachai