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YOU WONT BELIEVE: Nesdc - What They Never Told You

Panel calls for overhaul of alcohol tax structure

The National Economic and Social Development Council (NESDC) has recommended restructuring the alcoholic beverage tax system to help reduce consumption.

Bangkok Post

Ask shippers about the Land Bridge

I do not understand the debate over the feasibility of the Land Bridge project (LB). Opponents cite one study concluding the project is not feasible and therefore not worthwhile.

Bangkok Post

NESDC to evaluate Land Bridge project

The National Economic and Social Development Council (NESDC) is preparing to convene a subcommittee meeting on the Land Bridge project to assess the project's feasibility and possible development model.

Bangkok Post

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AI growth puts 8.7m Thai jobs at risk

Nearly 9 million workers could potentially be affected by generative artificial intelligence (GenAI), according to estimates by the National Economic and Social Development Council (NESDC).

Bangkok Post

Too much screen time 'bad for kids'

Excessive screen exposure is one of the leading causes of developmental delays among young children, according to a recent government-agency report.

Bangkok Post

Online sexual abuse now at severe levels

The growing threat of sexual harassment on social media is having a severe impact on children and the young, according to Thailand

Bangkok Post

Thailand's 2024 budget to be ready by Q1 2024

Thailand expects its 2024 fiscal budget to be ready by the first quarter of next year, Danucha Pichayanan, chief of the National Economic and Social Development Council (NESDC), told a business seminar on Wednesday.

Bangkok Post

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Warning over household debt surge

The National Economic and Social Development Council (NESDC) warns that Thailand's ballooning household debt will become a serious problem if employment and the economy decelerate, says secretary-general Danucha Pichayanan.

Bangkok Post

NESDC demands discipline

The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.

Bangkok Post

Politicians must check their promises

As political parties step up their election campaigns, with each of them rolling out a plethora of populist policies, concerns have arisen over the long-term budget burden if the poll winners translate these policies into practice.

Bangkok Post

Consumer confidence reaches three-year high

Consumer confidence increased for the ninth straight month in February, boosted by recovering tourism, government stimulus measures, and the baht's weakness.

Bangkok Post

Sector braces for 80m visitors by 2027

Intense congestion at popular tourist destinations needs to ease in order to accommodate a new target of 80 million foreign arrivals by 2027, says Tourism and Sports Minister Phiphat Ratchakitprakarn.

Bangkok Post

Fresh calls for tax reform

In the past several years, various economists have called for restructuring Thailand's tax system but met with little response from the government or society at large.

Bangkok Post

Think tank calls for personal income tax restructuring

The government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC).

Bangkok Post

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Bangkok Post

Jobless rate falls to 1.15% in Q4

Thailand's unemployment rate in the fourth quarter of 2022 dropped to 1.15% from 1.23% in the previous quarter, the National Economic and Social Development Council (NESDC) said on Thursday, as the vital tourism sector rebounds.

Bangkok Post

Global and Thai economy in a 'no-landing scenario'

The world economy in the first quarter of 2023, especially in January, seems to be defying gravity. The US labour market and retail sales figures have been much better than expected, while inflation is showing signs of a slower-than-expected slowdown.

Bangkok Post

NESDC prunes 2023 growth view to 2.7-3.7%

The government's planning unit has downgraded its economic growth forecast to 2.7-3.7% for this year from 3-4% estimated in November last year, largely attributed to the global slowdown and declining exports.

Bangkok Post

Q4 GDP growth slows, 2023 outlook trimmed

Thailand's economic growth slowed more than expected in the fourth quarter of 2022, as exports and manufacturing declined, but a rebound in the vital tourism sector should continue to boost the recovery this year amid weaker global demand.

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Bangkok Post

Cabinet backs NT's 5G project

The cabinet has approved National Telecom's (NT) 5G business project and operational expenditure of 6.7 billion baht to capitalise on the 26-gigahertz spectrum range during the period until the spectrum licence expires in 2036.

Bangkok Post

Tourism forecast in line for upgrade as Chinese return

The state planning unit looks set to upgrade its forecasts for tourism revenue and arrival numbers as it expects a surge of visitors from China after the country reopened its borders.

Bangkok Post

Cabinet approval to be sought for NT's 5G project

The Digital Economy and Society (DES) Ministry plans to seek approval from the cabinet next week for National Telecom's (NT) 5G business project worth 12 billion baht, capitalising on the 2.6-gigahertz spectrum range.

Bangkok Post

NT aiming for 3.5m mobile subscribers

National Telecom (NT) has set a conservative target of reaching 3.5 million mobile subscribers over the next few years after it deploys mobile service on the 700-megahertz spectrum range.

Bangkok Post

Unemployment drops amid increasing economic activity

Unemployment declined thanks to increased economic activity and a rebound in tourism. However, household debt increased, albeit at a slower pace, while total loan quality improved.

Bangkok Post

Agency upbeat on 2023 growth view

Despite myriad challenges in the year to come, the economy is expected to maintain its growth momentum in 2023 boosted by recovering tourism, expanding private and public investment, continual gains in domestic demand and high growth in the agricultural sector.

Bangkok Post

NESDC rejects NT's 5G business plan

The National Economic and Social Development Council (NESDC) has rebuffed National Telecom's (NT) 5G business plan to capitalise on the 700-megahertz spectrum range, according to a source at the Digital Economy and Society (DES) Ministry.

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