Thailand speeds up building of eastern economic corridor
A draft of the first civil law designed to activities in Thailand’s Eastern Economic Corridor (EEC) will be submitted to the National Assembly of Thailand on September 29 and is expected to be launched in October.
A draft of the first civil law designed to activities in Thailand’s Eastern Economic Corridor (EEC) will be submitted to the National Assembly of Thailand on September 29 (Illustrative photo: EPA)
Bangkok (VNA) – A draft of the first civil law designed to activities in Thailand’sEastern Economic Corridor (E𝕴EC) will be submitted to the National Assembly ofThailand on September 29 and is expected to be launched 𒉰in October.
The law is hopedto enhance trust of foreign investors, with more than 30 foreign and Thaicompanies expected to invest in the EEC. Investors from Japan, the major group ofinvestors in Thailand, also support the law, which ensures long-term EECdevelopment policy. Additionally, theBoard of Investment of Thailand plans to provide a five-year preferential treatmentwith a 50 percent duty free to new investment projects, especially in the EEC. Italso considers measures to support investors in the industry and agriculturalsectors in the EEC. Thailand’sexport value has grown in six consecutive months to the highest rate in thepast 55 months by expanding 13.2 percent in August. Inthe first eight months of 2017, exports and imports of Thailand rose 8.9 and15.4 percent, respectively. Exportproducts with strongest increases were auto and parts (11.1 percent), computersand spare parts (7.6 percent) and rubber products (3.7 percent), among others. Thailandrecorded a trade surplus of 2.09 billion USD in August, compared to an estimateof 520 million USD.-VNA
Thai Minister of Commerce Apiradi Tantraporn recently directed the Department of International Trade Promotion, Department of Foreign Trade and provincial trade offices to support trade promotion activities in Cambodia, Laos, Myanmar and Vietnam (CLMV) and their emerging markets.
The Thai Board of Investment has approved the granting of special promotional privileges for investment in projects related to modern agricultural production and services with a view to upgrading the country’s farm sector.
The global community has shown great interest in the Digital Thailand Big Bang 2017 exhibition recently held in Muangthong Thani, said Thai Digital Economy and Society Minister Pichet Durongkaveroj.
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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.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
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.
A draft of the first civil law designed to activities in Thailand’s Eastern Economic Corridor (EEC) will be submitted to the National Assembly of Thailand on September 29 (Illustrative photo: EPA) 
