Only a handful of dominant players will survive the intense Thai e-commerce competition, so local businesses must offer unique features, say operators. Thailand’s e-commerce operators are under pressure from giant internet players that are strong in several areas: finance, marketing, logistics infrastructure, warehousing, and systems. Singapore-based Shopee offers free shipping with no commission fee to […]
Read MoreLabour Minister Pol General Adul Sangsingkeo has urged migrant workers from Cambodia, Myanmar and Laos to undergo nationality verification and official registration to work legally in Thailand before the One Stop Service (OSS) centres close on June 30. Employment Department director-general Anurak Thossarat said on Friday there would be no further extension of the grace […]
Read MorePublic Debt Policy Office (PDMO) will keep Thailand’s public debt at no more than 50 per cent of the nation’s gross domestic product (GDP) in the next 10 years, despite the government’s planned investment in mega infrastructure projects worth over Bt2 trillion in the next four to five years. Jindarat Viriyataveekul, director of the Policy […]
Read MoreDespite the strong performance and favourable economic outlook for Myanmar, risks have emerged that could affect business confidence and derail future developments if not addressed, according to the World Bank’s Myanmar Economic Monitor released yesterday. The report said that the country’s economy performed better in 2017-18 amid growing global and domestic uncertainty, partially offsetting slower […]
Read MoreMANILA, Philippines — The ANZ Research raised its 2018 inflation forecast for the Philippines to 4.6 from the original target of 4.1 percent despite the lower-than-expected inflation in May. Shashank Mendiratta, economist for Asia at ANZ, said the 4.1 percent average inflation in the first five months is above the two to four percent target […]
Read MoreCRYPTOCURRENCIES will be future trading subjects or commodities at Indonesia’s bourse, even though the Bank Indonesia (BI) does not recognise such currencies as payment instruments, the Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) has decided. “The Bappebti head has signed a decree to make cryptocurrency a commodity that could be traded at the bourse,” said […]
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Thailand
