THE Asian Development Bank (ADB) is bullish on the prospects for Thailand and plans to upgrade its growth forecasts for the economy next month. The ADB also plans to provide loans worth US$1.59 billion (Bt52 billion) to support government infrastructure projects, mostly in the transport sector, between 2018 and 2020. “The Thai economy is likely […]
Read MoreTHE BOARD of Investment (BoI) yesterday approved an extension to the period for applicants seeking tax privileges for investment in the Eastern Economic Corridor (EEC) to January 1, 2018, until December 30, 2019. The application period had been due to finish at the end of this year. It will also offer more tax benefit to […]
Read MoreSET-listed MBK Plc is making a foray into e-commerce to increase the group’s competitiveness in retail, hotels and lifestyle business. The group this year established MBK Digital, a wholly-owned subsidiary, to operate its e-commerce business. Yotsan Srisuchat, managing director of MBK Digital, said the company in August launched a new website, MBKgo.com, offering an online […]
Read MoreExports rose for an eighth straight month in October, bringing the total for the first 10 months to a slightly higher level than expected and raising hopes that full-year growth could approach 10%, says the Commerce Ministry. Exports totalled US$20.1 billion (657.97 billion baht) in October, up 13.1% year-on-year, while the 10-month figure reached $195.5 […]
Read MoreSupplement maker Me Infinity Thailand is betting its entry into the Cambodian market with an energy drink can double the company’s revenue after a few lean years in the local market. The company’s revenue fell 50% from 2016 to 2017, down to 100 million baht, in large part because of the passing of the late […]
Read MoreThe government is committed to starting big-ticket infrastructure projects worth over 740 billion baht next year in the much-touted Eastern Economic Corridor (EEC). The EEC committee chaired by Prime Minister Prayut Chan-o-cha on Wednesdayapproved the development schedule for the projects with the aim of attracting at least 100 billion baht in private investment annually. Projects […]
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Thailand
