Thailand’s border trade is expected to grow 10-14% this year from an estimated 1.6 trillion baht in 2017, driven by growing demand for Thai goods, underlining the importance of partnerships on trade and investment as well as working to improve trade with minor cities in neighbouring countries. Adul Chotinisakorn, deputy director–general of the Foreign Trade […]
Read MoreThe Industry Ministry is confident that investment value in the flagship Eastern Economic Corridor (EEC) will reach 100 billion baht in 2018, thanks to the rise of new S-curve industries. Industry Minister Uttama Savanayana said the EEC will be a key economic engine to beef up the country’s GDP and improve competitiveness at the global […]
Read More[BANGKOK] Thailand exported a record 11.48 million tonnes of rice in 2017, the commerce ministry said on Wednesday. The amount, which surpassed the previous record of 10.96 million tonnes in 2014, was worth over US$5.1 billion, said Adul Chotinisakorn, deputy chief of the commerce ministry’s department of foreign trade. Thailand, the world’s second-biggest rice exporter […]
Read MoreThailand’s dealmaking cycle is predicted to peak in 2019, with the value of both mergers and acquisitions (M&A) and initial public offerings (IPO) forecast to climb over the next two years, before easing back in 2020, according to the third edition of the Global Transactions Forecast, issued by Baker McKenzie and Oxford Economics. Globally, the […]
Read MoreBusinesses have agreed on a planned minimum wage hike, details of which are to be settled by mid-month, but they argue that the increase should not be imposed at the same rate nationwide. They also warn that the 3 million small and medium-sized enterprises (SMEs) and the farm sector will be hit hardest by the […]
Read MoreThe Treasury Department is expected to fetch at least 6 billion baht for the government’s coffers from auctions of state land to be developed into special economic zones (SEZ) in Tak, Nakhon Phanom and Kanchanaburi provinces under 50-year lease contracts. Some 1,055 rai of state land located in Sailuad sub-district of Tak’s Mae Sot district […]
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