Thailand ranks 27th among 190 economies in the Ease of Doing Business (EODB) ranking. (Photo: thainews.prd.go.th)
Bangkok (NNT/VNA) – Thailand ranks 27th among 190 economies in the Ease of Doing Business (EODB) ranking, according to the World Bank's Doing Business 2019 report.
Thailand's EODB score stands at 8.45 this year. Compared to other ASEAN countries, Thailand takes the third place after Singapore and Malaysia. The rankings take into account a number of factors, including trading regulations and investment laws.
The Secretary-General of the Public Sector Development Commission, Pakorn Nilprapunt, said that although Thailand's ranking in doing business slightly drops from 26th to 27th place, the evaluation scores are still higher.
The report said that Thailand has simplified preregistration and registration formalities for business startups and streamlined approval process for electricity.
The country has also enhanced electronic systems to facilitate paying taxes and improved electronic submission and processing of documents for exports.
Mr. Pakorn said Thailand will try to develop further and adopt the digital system to cut implicit costs and create transparency, so its ranking should move up next year. - NNT/VNA
The Tourism Authority of Thailand (TAT) and Expedia Group have signed an agreement on collaboration, aiming to reach a 20 percent growth in tourism income in secondary provinces by 2020.
The Thai economy continues to gain further traction from both domestic and external demand, the central bank of Thailand (BOT) said in its press release on economic and monetary conditions in August.
Thailand's global competitive rank this year has risen to 38 from 40 last year, according to the Global Competitiveness Index 4.0 by the World Economic Forum (WEF).
The sales of new vehicles in Thailand in 2018 are expected to hit one million units for the first time in five years, according to data from Toyota Motor Thailand.
The Thai Foreign Trade Department is confident that the country will sell no less than 11 million tonnes of rice to foreigners this year as demand for rice continues to increase.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
Thailand ranks 27th among 190 economies in the Ease of Doing Business (EODB) ranking.
