Lack of public knowledge about the Personal Data Protection Act (PDPA), a dearth of digital skills among officials and tepid cross-border e-commerce by Thai vendors are three concerns surrounding the country’s digital transformation, says the Office of National Digital Economy and Society Commission (ONDE). The concerns are spelled out in this year’s survey from the […]
Read MoreThe spending sentiment of Thai consumers is expected to fall behind neighbouring countries encountering similar pandemic outbreaks over the next six months. Usana Chantarklum, managing director of Ipsos (Thailand) Co, the world’s third largest market research company, said the latest study on the impact of Covid-19 on the region’s consumer behaviour in Indonesia, Malaysia, the Philippines, […]
Read MoreThe Bank of Thailand and the Thai Bankers’ Association said on Friday they would offer more support measures for debtors affected by the coronavirus pandemic. “We want debtors, SMEs and individuals who were impacted to receive the necessary fixes in the face of uncertainty,” Deputy BoT Governor Ronadol Numnonda told a news conference, adding that […]
Read MoreThe government’s committee in charge of fiscal discipline has scheduled a meeting to draw up a five-year public debt management plan, says Patricia Mongkhonvanit, director-general of the Public Debt Management Office (PDMO). The plan forms the backbone for the country to borrow for economic development. Mrs Patricia said the committee can consider raising the debt-to-GDP […]
Read MoreThe baht opened at 32.44 to the US dollar on Friday, strengthening from Thursday’s closing rate of 32.48. The Thai currency is likely to move between 32.35 and 32.50 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon said the baht was likely to fluctuate with the dollar if investors adjusted their dollar […]
Read More(Bloomberg) — Indonesia’s central bank will require lenders to disburse at least 30% of their loans to small companies, part of a broader effort to revive slow credit growth that’s stalled the economic recovery. Banks must allocate at least 20% of their total loans to micro, small and medium enterprises next year, with the proportion […]
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Thailand
