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Thailand: Record export tally forecast for 2017

Exports are forecast to hit a record high of US$232.6 billion (7.72 trillion baht) this year, up 8% from 2016 because of a recovering global economy and strong demand for Thai goods, says Chantira Jimreivat Vivatrat, the newly appointed director-general of the International Trade Promotion Department. The Commerce Ministry is planning more measures to support […]

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Thailand to market organic herbs in Cambodia

The Thai Commerce Ministry plans to promote the export of Thai organic herbs in Cambodia, Laos, Myanmar and Vietnam, aiming to create added value for the sector. The ministry will start its herbal marketing plan in Cambodia, Laos, Myanmar and Vietnam, where consumers are familiar with Asian herbs, according to a recent article published in the […]

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Thailand: Residential developers cautious on investment

Residential developers remained cautious on investment in the third quarter amid low consumer confidence and slowed economic activities, according to a survey by the Real Estate Information Center (REIC). Surachet: Sluggish economy in Q3 The centre reported that the housing developer’s expectations index dropped to 61 points in the third quarter from 67 in the […]

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Thailand: ING optimistic on cross-border activity

Low cost of funds, favourable demographics and growing consumption trends across the region are factors that will continue to boost cross-border mergers and acquisitions (M&A) activity in the region, says Michael Niederberger, head of corporate finance and M&A for ING in Asia. Niederberger: Firms looking abroad After record activity last year, growth has somewhat tempered […]

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