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Cambodia: Thai trade MoU doesn’t need parliamentary OK

The memorandum of understanding (MoU) to encourage transborder trade between Thailand and Cambodia has been ruled exempt from Thai parliamentary approval by Thailand’s Constitutional Court. The MoU was initially scheduled to go into effect on November 13, but was postponed due to Thailand’s new customs laws. Bilateral trade between Cambodia and Thailand reached $5.6 billion […]

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Thailand: SET warns of digital currencies risk

THE Stock Exchange of Thailand (SET) has warned investors of the risks of a bubble in digital currencies fuelled by runaway valuations of the new asset plays. Pakorn Peetathawatchai, executive vice president and head of corporate strategy and finance division at the SET, said that the dangers of a trading bubble in investments involving so-called […]

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International finance workshop begins in Bangkok

Fifty-three bankers from 17 commercial banks will participate in a three-day workshop on international trade finance beginning today (December 21) in Bangkok. The International Chamber of Commerce Bangladesh (ICCB) said 45 bankers from Thailand and 17 from Cambodia, Japan, Laos, Malaysia, Myanmar, Nepal and Vietnam will also participate. The ICCB is hosting the workshop with […]

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Thailand: Extra tax breaks to push SME growth

THE Board of Investment’s (BOI) board has agreed on measures to boost the capabilities of small and medium enterprises (SME), while its secretary-general has expressed confidence that this year’s applications for investment promotion privileges would hit its target of Bt600 billion. Duangjai Asawachintachit, BOI secretary-general, said after the board meeting chaired by Prime Minister Prayut […]

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Centre sees slight growth in Thai economy 2018

ONLINE shopping will continue to expand at a higher rate next year while real estate and SMEs would not fare well due to oversupply and fierce competition, according to the Kasikorn Research Centre. The overall economy is expected to slightly improve, expanding by 4 per cent from 3.9 per cent this year, Chao Kengchon, managing […]

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