[BANGKOK] Thailand’s annual headline consumer price index rose for a third straight month in September, beating forecasts, government data showed on Monday, but the rate was still below the central bank’s target, giving it room to keep monetary policy loose to aid growth. Headline consumer price index increased 0.86 per cent in September from a […]
Read MoreLong queues, a slow process and allegations of opportunists seeking money from those who want faster proceedings have marred the citizenship verification process for undocumented migrant workers from Myanmar. They are racing against time to receive legitimate working status in Thailand by the end of this year. In June, a new executive decree on foreign […]
Read MoreThe country’s economy is likely to achieve the 3.8% growth forecast by the Bank of Thailand, mainly because of consistently strong export growth, says Krisada Chinavicharana, head of the Fiscal Policy Office (FPO). The Finance Ministry’s think tank will review its economic growth forecast late next month. It predicts Thailand’s GDP and exports this year […]
Read MoreThe Association of Southeast Asian Nation’s (Asean) plans to forge closer energy ties have taken a major step forward after Malaysia, Thailand and Laos sealed a cross-border trading arrangement. The Energy Purchase Wheeling Agreement (EWPA), described as the region’s first multilateral power grid deal, allows Malaysia to purchase up to 100 megawatts of electricity from Laos […]
Read MoreSET-listed Amata Corporation Plc, Thailand’s largest industrial estate operator, said it is in talks to sell developed land to Saab Automobile AB, a Swedish maker of automobiles and fighter jets, to build a maintenance, repair and operation (MRO) hub in the Eastern Economic Corridor (EEC). Chief executive Viboon Kromadit said Saab had expressed its interest […]
Read MoreThailand’s e-commerce value is projected to reach 2.8 trillion baht this year, growing 9.8% from last year thanks to the popularity of online retail commerce (B2C). For the first time, Thailand’s B2C market in 2016 was the largest in Asean with a value of US$19.6 billion (652 billion baht), followed by Malaysia at $17.5 billion, […]
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