The cabinet has approved the central bank’s headline inflation target of 1-3% for next year, narrowed from this year’s 1-4% range, a government spokeswoman said on Tuesday. The new target will be in line with the current economic situation and offer more flexibility in monetary policy implementation, Narumon Pinyosinwat told reporters. Speaking to reporters after […]
Read MoreCambodia is among several countries in Southeast Asia where Lebua Hotels and Resorts is planning to expand its operations. Travel industry news site Skift reported this week that the Thailand-headquartered luxury hotel and restaurant operator is planning for a public listing either in Bangkok or Singapore in preparation for its eventual expansion into other parts […]
Read MoreThe Hanoitimes – In less than a month, Masan Consumer, a consumer business of major conglomerate Masan Group, has initiated two deals to take its businesses beyond the food and beverage sector. Masan Consumer Corporation today [Dec. 24] announced that Masan HPC, a newly established home and personal care subsidiary, has launched a tender offer to […]
Read MoreThe Thai Bankers’ Association (TBA) plans to allow a third party to manage white-label ATM operations, a pool ATM service run by non-bank firms instead of individual banks, to cut the banking system’s operating costs. National ITMX, an interbank transaction management and exchange service provider under the TBA, has decided on a white-label ATM model […]
Read MorePrime Minister Hun Sen yesterday announced plans to build two more markets along the border with Vietnam to boost trade. The announcement was made during the launch of the first market in the shared border with Vietnam. Da Market, a project funded with $2 million from Vietnam, is located in Tboung Khmum province’s Da commune. […]
Read MoreE-commerce accounted for only 3 per cent of Thailand’s total trade, but the country is one of the main markets of Chinese e-commerce giants as Thai consumers are more likely to shop online while Chinese products are popular in the country. One of the reasons Chinese products keep flowing into Thailand, aside from their cheap […]
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