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Thailand: Sentiment registers eight-month high in November

The Thailand Industry Sentiment Index (TISI) in November rose to 85.4 points, the highest in eight months, as the reopening of the country, ongoing stimulus packages and export expansion boosted confidence among large and small manufacturers, says the Federation of Thai Industries (FTI). In October, before the government allowed fully vaccinated foreign tourists to enter […]

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Vietnam: Visa in tie-up to support farmers

HCM CITY — Visa has announced a partnership with the Vietnam e-Commerce and Digital Economy Agency (iDEA) for  speeding up the digitisation in small agricultural firms. It will help farmers adopt e-commerce and digital payments and digitise their operations to position agriculture as a driving force for the country’s economic development. Đặng Tuyết Dung, country manager of Visa Vietnam […]

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Thailand: Shippers predict robust export growth

A group of Thai shippers believe the country’s exports may grow by up to 8% next year, driven by an economic recovery in partner trading countries. But it warned of challenges, including spread of the new Omicron variant, a labour shortage in manufacturing, relatively high freight rates, insufficient shipping space and containers, as well as […]

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Thailand: BoT call to extend incentives

The government should extend its property tax incentives to next year to drive housing market growth in 2022, in line with the projected economic recovery, the Bank of Thailand suggested. Don Nakornthab, the central bank’s senior director for financial stability department, said extending the lower transfer and mortgage fees from the end of 2021 to […]

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Thailand: Lockdown ‘unlikely’, insists PM

Another Covid-19 lockdown is unlikely despite the emergence of the Omicron coronavirus variant, Prime Minister Prayut Chan-o-cha insisted on Tuesday, quelling fears among the business community that their revenue could take another hit during the peak season. “Hopefully, this coming New Year will be a happy time. We haven’t had that festive happiness for two […]

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