The government’s flagship Eastern Economic Corridor (EEC) will stimulate private investment and rev up corporate loan demand next year, says a senior official at Bangkok Bank (BBL). Corporate loan demand is improving in line with the economic recovery, driven by the government’s infrastructure investment plan, while the EEC is expected to be the key driver […]
Read MoreUse of online and mobile banking is on the rise, giving banks an opportunity to use customer data and digital transformation to enhance the customer experience, says Marketbuzzz, an online survey unit of Buzzebees, a mobile commerce platform. Marketbuzzz partnered with Potentiate, a data technology company, to monitor the banking industry, evaluating the customer experience […]
Read MoreTrade value between Thailand and China has risen 12.5% so far this year thanks to the Asean-China free trade agreement (FTA) that helped slash import tariffs and trade barriers and boost exports, says the Commerce Ministry’s Department of Trade Negotiations (DTN). Auramon Supthaweethum, a deputy director-general of the DTN, said trade value between Thailand and […]
Read MoreExports in October rose 13.1% on an annual basis, raising hopes of ending out 2017 with growth of more than 8%, the highest in six years. Exports last month were worth US$20.08 billion, against imports of $19.868, an increase of 13.5% year-on-year, for a trade surplus of $214.4 million in October. Pimchanok Vonkorpon, the director-general […]
Read MoreThai GDP in the third quarter grew at its fastest pace since the first quarter of 2013, driven by exports, personal spending and private investment. The National Economic and Social Development Board (NESDB) said yesterday that Thai GDP rose by 4.3% year-on-year in the July-September period — the strongest growth in 18 quarters — after […]
Read MoreMost companies in Thailand are in the beginning stages of exploring opportunities for digital transformation and will gain more momentum in 2018, says IDC Thailand. Singapore is the leader in Asean for digital transformation, while Thailand and Malaysia are at the same level, according to the technology research firm. “Digital transformation is changing the way […]
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