The government is mulling the establishment of a Southern Border Economic Corridor (SBEC), spanning the southern border provinces of Pattani, Yala, Narathiwat, along with four districts of Songkhla province — Chana, Na Thawi, Saba Yoi and Thepha — to ensure greater efficacy in terms of development plans for the region. Bordin Rassameethes, acting deputy secretary-general […]
Read MoreVietnam would restructure the services sector based on modern technologies under the Industry 4.0, especially in fields of finance-banking, insurance, healthcare, education, transportation, trade and tourism. With an estimated growth rate of 7-8% in the next ten years, Vietnam’s services sector is expected to make up 60% of the country’s GDP by 2030. The figures […]
Read MoreCanada and ASEAN members pledged to strengthen their economic ties at the Canada-ASEAN Business Council’s (CABC) annual general meeting. The meeting last week, attended by 65 CABC members, listed three initiatives that would help promote more trade between Canada, the tenth largest economy in the world, and the ASEAN membership. The first was a potential […]
Read MoreThe Thai Travel Agents Association (TTAA) is concerned about the slow vaccination plan and dependence on the tourism sandbox scheme to restart tourism within Asia by the fourth quarter. Suthiphong Pheunphiphop, the TTAA president, said outbound travel will not start until the inbound market returns. Yet several obstacles remain for foreigners wishing to visit Thailand […]
Read MoreKUALA LUMPUR: Malaysia is confident of attracting more foreign investment this year after a big decline in 2020, and is looking at incentives to help support that goal, its finance minister said on Monday. Tengku Zafrul Abdul Aziz said in an interview that incentives had traditionally been linked to the size of investments, but that […]
Read MoreThe consumer price index (CPI), a gauge of headline inflation, shrank 0.08% year-on-year in March, the lowest contraction rate in 13 months, following the rise of global oil prices and gradual economic recovery. March’s CPI fared better than February’s which saw a drop of 1.17%, buoyed by rising demand for domestic and global fuel as […]
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Thailand
