The finance ministry on Monday raised its economic growth forecast for this year to 4.2% from 3.8%, and also raised its estimate for exports, an official said. Exports, a key driver of growth, should increase 6.6% this year, compared with the 5.7% predicted in October, ministry spokeswoman Kulaya Tantitemit told a news conference. The economy will […]
Read MoreFast Retailing Co, Japan’s leading casual wear chain operator, will open its first Uniqlo brand roadside shop in Southeast Asia in March, marking a milestone in its store expansion in the region with the introduction of its successful mainstay business model at home. The outlet, located on Phatthanakan Road in Bangkok, will open on March […]
Read MoreRECENTLY, the Revenue Department released a second draft of the proposed legislative tax amendments that will impact foreign e-commerce operators available to the Thai market. The initial proposal for the legislative amendments was issued in June 2017 and went through the process of public consultation in early July. The current draft contains material changes from […]
Read MoreSiam Cement Group (SCG), Thailand’s largest conglomerate, reported a strong performance of its Cambodian operations in 2017, driven by the fast growth of the country’s construction and real estate sectors. Cambodia continues to be one of the strongest markets in the Asean region for the Thai firm, according to the company’s unaudited operating results for […]
Read MoreThe Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET) are discussing the establishment of a regulatory framework for funds raised from initial coin offerings (ICOs), with a public hearing expected to be concluded soon. Once the regulatory framework is completed, the market regulator will forward it for consideration to the SEC’s […]
Read MoreThe State Railway of Thailand (SRT) aims to begin turning Chatuchak market into a cashless commercial area by June. It said other upgrades linked to the market’s “4.0” transformation, such as automated parking lots, will become available later this year. Chatuchak’s future cashless status will allow shoppers to pay for items with the use of […]
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Thailand
