The Finance Ministry will sell 3.17% of its stake in the financially-troubled Thai Airways International (THAI) to the state-run Vayupak 1 Fund, with the aim of stripping the airline of its state enterprise status. Transport Minister Saksayam Chidchob held a teleconference to inform THAI executives of the decision on Wednesday. He has given THAI a […]
Read MoreThailand is likely to take up to three years to return to normal economic conditions, similar to 2019, following the pandemic, according to the Thailand Development Research Institute (TDRI). Speaking at a seminar titled “New Normal for Business Sector” held by the Thai Chamber of Commerce (TCC), Somkiat Tangkitvanich, TDRI’s president, said this economic crisis […]
Read MoreThe Government needs to do more to revive the business sector, Dr Tran Hung Son, Deputy Director of the Institute for Development and Research in Banking Technology under the Vietnam National University-HCM City has said. Speaking at a conference in HCM City on May 20 he said the Government’s 300 trillion VND (12.9 billion USD) […]
Read MoreIndonesia and Singapore currently dominate the venture capital (VC) fundraising in Southeast Asia, despite a slower pace of capital raising in the first quarter this year. Indonesia raised US$161 million in the first quarter while Singapore leads with $865 million over the same period, according to a recent report by Deal Street Asia. No closes […]
Read MoreThe Hanoitimes – The trade deal with the EU would emphasize Vietnam’s geopolitical significance in the Southeast Asian and Asia – Pacific regions, said Vice State President Dang Thi Ngoc Thinh. On behalf of Vietnam’s President Nguyen Phu Trong, Vice President Dang Thi Ngoc Thinh said the EU – Vietnam Free Trade Agreement (EVFTA) brings mutual […]
Read MoreChinese e-commerce giant Alibaba is encouraging Thai businesses to use its platform to boost their sales in overseas markets as online sales have jumped during the pandemic. “We have worked with local dealers the past 10 years, demonstrating Thailand has potential for global trade opportunities,” said Stephen Kuo, Asia-Pacific head at Alibaba.com, a business-to-business (B2B) […]
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