China
Thailand – China rail project likely to break ground in 2016
If negotiations go on smoothly, construction will start at the end of this year or the beginning of the next, Prajin Juntong told Xinhua on the sidelines of the 13th China-ASEAN Expo in China’s southern city of Nanning.

Construction on a rail line between Bangkok and Nakhon Ratchasima in Thailand looks set to start this year, Thai Deputy Prime Minister Prajin Juntong said Sunday.
If negotiations go on smoothly, construction will start at the end of this year or the beginning of the next, Prajin Juntong told Xinhua on the sidelines of the 13th China-ASEAN Expo in China’s southern city of Nanning.
Upgrading the railway network
The upgrading of the railway network is of great significance to the Thai economy, and China has plenty of experience with high-speed railways, Prajin Juntong said.
Currently, Thailand and China are negotiating financing and other issues, he said.
According to Thai sources, the Bangkok-Nakhon Ratchasima railway will use Chinese trains and Chinese technology.
Thailand and China signed documents on the development of Thailand’s transportation infrastructure in 2014.
The China-Thailand railway project will improve regional connectivity and support regional economic and social development, Prajin Juntong said.
China
RCEP and China: Reimagining the future of trade in Asia
The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.

Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.
(more…)China
Thailand ready to ink big Chinese-backed trade deal
The RCEP will cover all 10 Asean member states plus five partners: China, Australia, Japan, New Zealand, and South Korea and will take effect from the middle of 2021 if at least six Asean members and three partners agree to its terms.

Thailand is set to sign the world’s biggest free trade agreement with Japan, China, South Korea and 12 other Asia-Pacific countries at the 37th Asean Summit this week.
(more…)Business
Great Wall Motor (China) takes over GM factory in Thailand
The Thai production hub will become operational in the first quarter of 2021 with automobile production capacity of 80,000 units per annum.

Chinese carmaker Great Wall Motor (GWM) hosted a ceremony on November 2nd to celebrate the latest milestone in taking full ownership of Rayong Manufacturing Facility in Thailand.
(more…)-
Forex1 week ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
-
Economics6 days ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
-
National6 days ago
Human trafficking cases in Thailand hit decade low due to COVID-19
-
Banking1 week ago
Can Fintech drive a strong post-COVID-19 recovery in Asia?