The Board of Investment (BoI) anticipates that the value of investment project proposals under its tax privilege programme, especially in such high-tech industries as electronics, will reach a 500-billion-baht target this year despite the volatile Covid-19 situation. While posing a challenge to the global investment environment, the pandemic has also sped up digital industry development, […]
Read MoreThe Logistics Business Association (Loba) and the Singapore-based Supply Chain Asia (SCA) industry body are teaming up to create greater synergy in both countries’ supply chain networks and freight industries, which are widely expected to stage a healthy recovery as the world navigates the post-Covid-19 era. A memorandum of understanding (MoU) was signed to this […]
Read MoreThe attempt to restart the battered tourism industry with the Samui Plus model which started on July 15, following the first-ever reopening plan under the Phuket sandbox, still has a long way to go to shore up the hotel business. As of Aug 24, Samui Plus had welcomed 431 international travellers, of which 34 tourists […]
Read MoreLatin America looks likely to take the lead over Southeast Asia in terms of economic growth this year, according to Moody’s Analytics. Economist Jesse Rogers, who covers Latin America and Asian emerging markets. He says Latin American economies have been boosted by the open-at-all-costs approach to the Coronavirus pandemic. “Though Delta’s rampage has occasioned only […]
Read MoreThe private sector has offered guidelines to “open a safe city” and recommends using a Digital Health Pass to reopen business. Thai Chamber of Commerce chairman Sanan Angubolkul said the chamber and a working group proposed relaxing restrictions on economic activities so entrepreneurs could safely resume business operations. “The private sector believes relaxing restrictions to […]
Read MoreFITCH Ratings said the decision of the Bangko Sentral ng Pilipinas (BSP) to stop accepting new applications for digital bank licenses is beneficial to existing institutions. “Closing the door to new applicants helps to insulate conventional banks from more formidable competitors bearing these characteristics – at least until BSP’s moratorium on applicants is lifted,” it said in […]
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Thailand
