Competition is ramping up in Thailand’s nascent e-commerce industry, with larger players fighting to attract lucrative brand deals and local partnerships. “Thailand’s e-commerce segment will continue to have intense competition for at least another five years, reducing the number of major players from 3-4 to only two,” said Pawoot Pongvitayapanu, founder of Tarad.com, which is 51% […]
Read MoreThe Hanoitimes – As for poorly-performing banks, prestigious foreign banks should be permitted to buy up to 100 per cent of the banks’ charter capital. The Vietnamese government should increase the foreign ownership ratio in local banks to facilitate the institutions to lure luring capital and governance experiences from prestigious foreign banks, experts proposed. Under a […]
Read MoreTHE Ministry of Development (MoD)’s Policy Framework and Strategic Plan 2018-2023 is a comprehensive plan that outlines the policy direction in priority areas and provides strategy and implementation arrangements from aspects of land use planning, infrastructure development and environmental management so that they are closely coordinated with the country’s socio-economic development in line with duties and […]
Read MoreInflation was 1.24 per cent higher in March than the same month last year, the Commerce Ministry reported. The upward trend has continued for five straight months, driven mainly by the rising prices of fresh produce and oil. Inflation for the first quarter of the year stood at 0.74 per cent, down 0.8 per cent […]
Read MoreKrungthai Bank, Everex and Shwe Bank have signed an agreement on a Thai-Myanmar cross-border remittance service. Rawin Boonyanusasna, Senior Executive Vice President – Head of Global Markets Group of Krungthai Bank, Alex Lane, CEO of EVX Holdings, and Thein Zaw, Executive Vice Chairman of Shwe Rural & Urban Development Bank signed a Letter of Intent […]
Read MoreFirm eyes hotel management in four cities, teams up with Thai developer Sansiri US-based Standard International, the parent company of The Standard Hotels and the Bunkhouse Group, plans to manage four new hotels in Thailand in view of the continuous growth in tourist arrivals in the country, the company’s chief executive officer Amar Lalvani said […]
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Thailand
