Economic concerns stemming from the collapse of Silicon Valley Bank (SVB) will not affect long-haul visitors to Thailand in the short term as pent-up demand should support the market, but officials plan to monitor the long-term impact, according to the Tourism Authority of Thailand (TAT). SVB, which had mostly US startups and tech companies as clients, […]
Read MoreThe deposits in Cambodia’s banking sector reached $42.7 billion by January this year, while banks’ outstanding loan was more than $55 billion, according to a report from the National Bank of Cambodia (NBC). Banking institutions received deposits of approximately $42.7 billion, increasing from $37 billion in October last year. The loans were allotted to key […]
Read MoreDespite the Law on Consumer Rights Protection taking effect on July 1, 2011, the infringement of consumer rights remained widespread at many levels with increasing complexity. HÀ NỘI — The protection of consumer rights online has been the focus amid the boom of e-commerce and the digital economy since the COVID-19 pandemic, according to the […]
Read MoreThe General Department of Taxation (GDT) during a meeting on Tuesday announced a work plan for this year with an emphasis on developing a system that will make paying taxes easy and evasion difficult. Kong Vibol, Minister Delegate to the Prime Minister and Royal Government in charge as the Director General of the GDT, chaired […]
Read MoreGreen Food Factory Co, the operator of the Salad Factory restaurant chain, is ramping up its expansion and raising its brand awareness to cash in on recovering tourism and strong demand for health food. According to chief executive Piya Dankum, the company looks set to invest 70 million baht to expand its business this year, including […]
Read More(Bloomberg) — Indonesia’s central bank will likely extend its pause on borrowing costs in the wake of global market volatility following a banking turmoil in the US and signs of stubborn inflation there. Twenty-six of 28 economists in a Bloomberg survey expect Bank Indonesia to keep its seven-day reverse repurchase rate at 5.75% on Thursday, […]
Read More
Thailand
