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Alipay ‘Double 12’ e-shopping festival offers discounts

Online shoppers in 15 countries and territories on four continents, including Thailand, can enjoy discounts on items from 500 brands and 100,000 merchants during this month’s Double 12 Global Shopping Festival at Alipay. “Double 12 is our ‘glocalisation’ strategy to achieve the vision through localised service offerings,” general manager Cherry Huang said this week. “South […]

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Thailand: Risks grow for ageing population

FAMILIES and communities will have seriously limited resources to look after ageing parents and other relatives as Thailand becomes a full-fledged ageing society over the next four years, a state think-tank agency has warned. Thailand has been moving closer towards an ageing society since 2005, as the number of citizens aged 60 or older has […]

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Thailand – BAY: Baht to continue rise on GDP in 2018

The baht is tipped to continue its gradual appreciation next year, driven by improved economic growth prospects among Asian economies and the normalisation of the US Federal Reserve’s monetary policy, says the Bank of Ayudhya (BAY). Since Asean economies have positive growth prospects for 2018, this will attract international trade, foreign direct investment and inbound […]

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Thailand: Consumer confidence at 33-month high

The Thai consumer confidence index (CCI) rose for the fourth consecutive month in November to its highest level in 33 months. The growth rested on a better than expected economic outlook in the third quarter, hefty exports and rising tourism, raising hopes for a brighter economy in 2018, says the University of the Thai Chamber […]

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