Thailand 4.0 is a real opportunity to change the way we do things in Thailand, and to use digitalisation to increase our efficiency, improve productivity and break down any obstacles in our way.
EIC sees an opportunity for the Thai rubber industry to refocus towards value-added rubber products such as rubber gloves. Both the private and public sectors should collaborate on R&D for new products.
Over the past few decades, Thailand has made tremendous development progress. However, Thailand no longer stands out as the pack of other countries has caught up with it on virtually all dimensions.
The value of Thai exports in January expanded by 8.8% due to exports of oil-related products rising with crude oil price, which jumped by 78%YOY in January.
Trump’s trade protectionism policy, if implemented on China, can stall Thailand’s export recovery as Thailand is part of China’s supply chain for exported products to the US
This is the first time that the confidence index has fallen in a five-month period. Growing uncertainty over the global economic outlook was attributed primarily to the fall.
Headline inflation continued edging up to 1.55%YOY in January 2017 from 1.13%YOY in the previous month.
US President-elect Donald Trump condemned Toyota's plans to build a new assembly plant in Mexico on 5 January 2017 via Twitter