The Bank of Thailand (BoT) has increased the size of the maximum international money transfer allowed each customer for non-commercial bank business from 200,000 baht per day to 800,000 baht per day in a move to curb the strong baht. Vachira Arromdee, assistant governor for financial markets operations, confirmed the increase in the allowed daily […]
Read MoreA US government watch list on shopping malls and markets known for selling pirated goods is free of a Thai name for the first time in a decade. The absence of a Thai entry in the 2017 Out-of-Cycle Review of Notorious Markets list, announced by the US Trade Representative (USTR) last week, reflected the progress […]
Read MoreDEPUTY Prime Minister Somkid Jatusripitak has raised the goal for investment inflows into the targeted industries in the Eastern Economic Corridor (EEC) to at least Bt600 billion, from an earlier goal of Bt500 billion, within the five years from 2017, said Kanit Sangsubhan, secretary-general to the EEC Office. The revised figure would be finalised at […]
Read MoreWITH ITS INITIAL success constructing the Bt150 billion Xayaburi Hydroelectric Power Project in Laos, CK Power Plc is negotiating with the Laos government to build another hydroelectric power projects worth over Bt150 billion. A final deal is expected to be signed by the middle of this year, the company’s managing director, Thanawat Trivisavet, said during […]
Read MoreThailand could crack the top 20 of the World Bank’s Ease of Doing Business ranking for 2019 after it managed to jump to 26th-most business-friendly nation in the 2018 ranking, says Prime Minister Office Minister Kobsak Pootrakool. Thailand’s scores in the World Bank’s ranking were weak in some areas, such as dealing with construction permits, […]
Read MoreA Positive spillover effect from Eastern Economic Corridor (EEC) investment, export growth and cheaper housing loans from state-owned bank have pushed an increase in housing loans in some secondary provinces. Government Housing Bank saw a sharp increase in mortgage loans that beat their targets in the eastern provinces due to export growth last year and […]
Read More
Thailand
