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Thailand: BoI: Policy boost to R&D investment

Major global companies have started investing more in research and development (R&D) in Thailand, drawn by government policies to support investors, according to the Board of Investment (BoI). Secretary-general Hirunya Suchinai said investment in R&D has reached 2.5 billion baht so far this year from the 17 projects approved by the BoI. She said the […]

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Philippines: Inflation spikes to 3.3% in February

MANILA, Philippines –  Consumer prices grew at their fastest pace in more than two years in February, but still within the range the Bangko Sentral ng Pilipinas had expected. The Philippine Statistics Agency (PSA) reported yesterday that annual inflation stood at 3.3 percent in February, faster than the 2.7 percent reading in January. BSP Governor […]

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Thailand’s single window to clear trade

BANGKOK (Bangkok Post) – The Thai government plans to create a single online database for importing and exporting through a national single window by 2018 as part of efforts to avoid potential corruption and bribery in processes where the state and private sectors meet.  Having a single online database should allow the private sector reliable […]

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HomePro mulls CLMV investment

SET-listed Home Product Center Plc (HMPRO) is considering expanding to neighbouring countries with a total investment budget of 6-7 billion baht, says Rakpong Aroonwatdhana, HomePro’s head of investor relations. The new investment will come from two sources, 2-3 billion baht from its own cash flow of and the rest will come from loans. HomePro operates […]

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Singapore company eyes EEC megaproject

SC Capital Partners (SCCP), a Singapore-based real estate and private equity investment firm, has teamed up with a Sri Racha- based developer to launch a high-end condo in Sri Racha worth 3.2 billion baht to tap growing demand from the Eastern Economic Corridor (EEC). SCCP chairman Suchad Chiaranussati said the EEC megaproject will create a […]

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Thailand: E-commerce shifting logistics platform

The rapid rise in e-commerce and customer demand for quick delivery of online purchases has driven a change in the retail landscape, as well as logistics management of the sector. Customers now expect same or next-day delivery services, making slow, inefficient logistics networks become a relic of the past that is no longer acceptable. To […]

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