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Thailand: Tourism ministry still aims for 10m arrivals

Thai tourism earned 157 billion baht in the first seven months from 3.15 million international travellers, while the Tourism and Sports Ministry is maintaining the target of 10 million tourists despite Prime Minister Prayut Chan-o-cha’s suggestion that the tally would be lower. Meanwhile, tourism operators have cast doubts on recovery as some countries have reimposed […]

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Businesses spice up Vietnamese market

With a population of nearly 100 million and strength in cultivating spice plants, Vietnam has substantial potential for , consumption and export. According to Nielsen Market Research Company, the Vietnamese seasoning and sauce market expands by an average of 25-32% during the 2016-2022 period. Vietnamese households pose a high demand for seasoning for their meals – […]

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Thailand: Policy rate rise expected

The meeting of the Bank of Thailand’s Monetary Policy Committee (MPC) next week is expected to raise the policy rate by 0.50%, according to Pipat Luengnaruemitchai, chief economist of KKP Research under Kiatnakin Phatra Securities Public Co. The MPC is scheduled to hold its next policy meeting on Aug 10, when economists expect the rate […]

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