The number 8 is typically viewed as lucky in Chinese culture. Right now, however, 8 is a hideous number for many Thai exporters, since that is how much the baht has appreciated in percentage terms since the Year of the Rooster began. Two questions arise: (1) what are the underlying factors behind the baht’s current […]
Read MoreLISTED conglomerate Ayala Corp. announced on Thursday it has completed the acquisition of a significant stake in BF Jade E-Services, Inc., which owns the online fashion retailer Zalora. Ayala Corp. said it has acquired over 269 million shares, equivalent to a 43.28 percent stake in BF Jade, while Ayala Land Inc. (ALI) in a separate […]
Read MoreFrom tackling illegal border trade to constructing Kyaukphyu SEZ, the to-do list for Belt and Road in Myanmar is very long. THE Myanmar government is urged to take a proactive role and form a taskforce to carve out its involvement in China’s Belt and Road Initiative (BRI). An adviser to the National League for Democracy-led […]
Read MoreThe Revenue Department hopes to collect revenue of 1.926 trillion baht in the 2018 fiscal year which starts on Oct 1, up about 7% on 2017. Director-general Prasong Poontaneat said revenue in fiscal 2017 was likely to meet the target, supported by the economic recovery. In the first 10 months of fiscal 2017 (October […]
Read MoreSingapore was the second-biggest Asian investor in offshore real estate in the first half, according to consultancy CBRE. Institutional investors, property and private equity firms here ploughed US$6.8 billion (S$9.2 billion) into global real estate in the six months to June 30, up 20 per cent from the US$5.6 billion invested in the same period […]
Read MoreLaos has become the latest country in Southeast Asia to promote e-commerce for its large small- and medium business sector. An online trade website called Plasosme focusing on Lao goods is now fully operational to act as a trade platform for online and offline businesses and also provide investment opportunities in the sector. The website was created through a […]
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Thailand
