Is corruption holding back Thais?
The ASEAN Post recently published an article highlighting Thailand’s need to upgrade its people’s skills.
Upgrading Thai skills
Thailand’s Education Minister Nataphol Teepsuwan has outlined plans to improve the country’s vocational education sector. These plans have come following expressed fears that Thailand’s education system is not on par with international standards. This is especially important if Thailand hopes to see its ambitious Eastern Economic Corridor (EEC) project become a success.
Is Thailand facing economic uncertainty?
Thailand’s economy may be in for far more turbulence than anticipated after the March elections. Social unrest has risen and consumer confidence has sagged since the poll, which this month saw parliament return junta leader General Prayut Chan-o-cha to power. Critics have denounced the election as rigged in favour of the pro-military camp, and foreign investors are holding back.
South Korea keen to invest in Thailand
In line with its Thailand 4.0 goals, the Land of Smiles has been on an active lookout for foreign investors willing to finance projects under this initiative. South Korea recently expressed keen interest in doing so during the 60th anniversary of South Korea-Thailand diplomatic relations late last year.Thailand and South Korea have plans to hold a joint trade committee meeting in the first half of this year to connect investors and to spur trade.
Attracting more investors to Thailand
Thailand’s Eastern Economic Corridor (EEC) is slated to become an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region.
Thai junta pegs economic fortunes to China
After generals seized power in Thailand in a 2014 coup, they turned to Beijing to kickstart growth and buff up their vision of an innovative, developed country steered by wise leaders and buoyed by China-backed infrastructure.Thailand's economy sagged in the first years after the power grab but the junta is staking its hopes for an economic turnaround on the Asian giant.Yet concerns are mounting of an over-reliance on Beijing and the opacity of deals cemented by the generals.
Thailand opens its eastern doors to investors
The seaside province of Rayong, located on Thailand’s eastern gulf coast is well known for its tranquil holiday beaches, crystal clear waters and a dazzling selection of fresh tropical fruits from nearby fruit orchards. The picturesque town is the perfect place for a weekend’s escapade – 180 kilometres from the hustle and bustle of Bangkok or just a two and half hour drive away.However, Rayong may not be a getaway from the fast-paced urban lifestyle for much longer.
Investors flock to Thailand’s EEC project
Thailand’s Eastern Economic Corridor (EEC) is slated to be an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region.
Thailand’s EEC draws investors
Thailand’s Eastern Economic Corridor (EEC) is slated to be an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region.
Is Thailand holding future leaders to ransom?
Last July, The National Legislative Assembly in Thailand voted unanimously to approve, with binding effect, the country’s 20-year National Strategy. The National Strategy overlooks six strategic areas: security, competitiveness enhancement, human resource development, social equality, green growth and rebalancing and public sector development.
Harley, Trump and Thailand’s big trade gamble
Democracies look to voters for validation of their economic policies. For Thailand’s military junta, the affirmation is coming from Beijing, bankers and the likes of Harley-Davidson Inc.Harley’s decision to build a new Thai factory to supply Southeast Asia should be reassuring to Prime Minister Prayuth Chan-o-cha.
Thai junta eyes Chinese investment
Thailand is seeking Chinese investment to help galvanize a five-year, 1.7 trillion-baht (US$51 billion) development plan for its eastern seaboard to bolster the economy.While political tension has shadowed Chinese investment in nations from Australia to Sri Lanka, the Thai military government views its so-called Eastern Economic Corridor (EEC) project as well placed to link with China’s Belt and Road Initiative (BRI).