The number of new businesses registered with the Commerce Ministry rose 8% in September, signalling the economy is continuing to recover, says the Business Development Department. Director-general Kulanee Issadisai said the number of new companies and partnership companies registered with the department was 6,532 last month, up 8% from the same period last year. The […]
Read MoreStrong overseas demand for Thai rice is expected to support prices even as an influx of around 25 million tonnes of the 2017/18 major crop is about to flood the market next month, say industry officials. Thai Rice Exporters Association president Charoen Laothammatas said hefty demand from the overseas markets could push 2017 rice exports […]
Read MoreEconomists say the growing ageing society will create tremendous growth opportunity for businesses. They say brands and marketers in Thailand should make haste to offer services and marketing to support this group of customers as the number of people aged between 60 and 65 years old will reach 18% of total population next year. But […]
Read MoreThai Beverage, the Thailand-based spirits and beer maker, has bought a 75 per cent stake in Myanmar Distillery Company Group- (MDC) and its related supply chain business for S$1 billion. ThaiBev, which is listed in Singapore, said it raised the money through internally generated cash flows and external borrowings. It acquired the stake from four […]
Read MoreThe government is committed to allocating a higher budget to support low-income earners next year, especially through training programmes to help them improve their employability. Deputy Prime Minister Somkid Jatusripitak said he has asked the Finance Ministry to allocate a bigger budget in fiscal 2018 to finance training programmes dedicated to helping low-income earners learn […]
Read MoreAs in many countries around Asia, corruption is still a significant problem for Thailand. On the 2016 Corruption Perceptions Index compiled by Transparency International, Thailand ranked a poor 101st from a total of 176 nations. Given the country’s relatively weak position in this area, there have been questions in the past about the government’s appetite […]
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