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Thailand: Three service fields to open for foreign firms

The government looks set to remove three service businesses from List 3 under the Foreign Business Act (FBA) to facilitate foreign investment in Thailand, with the move to take effect next year. Kulanee Issadisai, director-general of the Business Development Department, said the Foreign Business Commission’s meeting, chaired by the commerce permanent secretary, on Tuesday agreed to withdraw […]

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Thailand: Govt mulls plan for 1 visa, 5 cities

The plan for a single visa for “Five Chiang Cities” will be proposed to spur tourism among four countries in the Mekong Region and add quality tourists to Chiang Mai and Chiang Rai provinces of Thailand. Ahead of a mobile cabinet meeting in Chiang Rai and Lampang that is expected to be held soon, both government […]

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Thailand: Cross-border zone in North could boost trade links

The government is studying the feasibility of establishing a cross-border economic zone in the Golden Triangle under the Lancang- Mekong Cooperation scheme to expand economic links for Thailand, Myanmar, Laos and China. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the department is scheduled to discuss a location in Chiang Rai for such a zone […]

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Thailand: PromptPay transfers grow sixfold in Q2

Waiving fees for digital transactions since late March has not only substantially boosted banks’ online transactions but also individual money transfers via the PromptPay platform, which surged sixfold in the second quarter. Individual PromptPay transactions hit 88.3 million transactions in June, representing 2.9 million transactions a day, with a combined value of 442 billion baht, according […]

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DHL brings e-commerce COD to Malaysia, Thailand, & Vietnam

E-commerce exporters in China and Australia, consumers in Malaysia, Thailand and Vietnam, and DHL eCommerce are all expecting benefits from the introduction of a Cross Border Cash-on-Delivery (COD) system by Deutsche Post DHL Group. Announced Monday September 17, the DHL e-Commerce Cash on Delivery (COD) service will allow consumers in the three Asean countries to pay in cash when they receive […]

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Thailand: Survey: Big data analytics worth B13.6bn

The value of big data analytics business in Thailand this year is estimated at 13.6 billion baht, a 15% increase from 11.8 billion last year as more sectors spend on systems and related services. The top three business sectors for big data analytics spending are finance and insurance, communications and logistics, and manufacturing. The country’s first […]

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