Various Japanese organisations expect electric vehicles (EVs) to be commercially available in Thailand by 2025 when all of the required infrastructure, facilities and technology has been put in place. Satoshi Nishino, director of the automotive bureau at Japan’s Ministry of Economy, Trade and Industry, said Thailand is developing the technology and infrastructure to support the […]
Read MoreThe improving growth outlook and increased financial stability risks from a further rate cut were key reasons for the central bank’s decision to hold the policy interest rate steady this month, minutes from the meeting show. The Bank of Thailand’s Monetary Policy Committee unanimously voted to keep the one-day repurchase rate at 1.50% on Aug […]
Read MoreThailand is one of the ICT infrastructure development leaders among emerging countries in Asia-Pacific, but its telecom firms and government agencies must embrace the challenges brought about by the development of the digital economy. Tasks facing Thailand include proactive policy-making and regulation, digital ecosystem development and practical solutions to boost return of investment. Similar to […]
Read MoreThailand has officially revised up its 2017 export growth target to 7% from a previous forecast of 5% after witnessing strong growth over the last few months, says Deputy Prime Minister Somkid Jatusripitak. “I think what we have done over the past several months is satisfying,” he said, adding that he agreed with the Commerce […]
Read MoreThailand has seen an explosion of internet shopping in recent years as consumers become more tech savvy. And if that’s anything to go by, e-commerce in Southeast Asia is taking off as well. Online retail sales in Thailand of everything from washing machines and televisions to fish sauce are growing more than 100%, far outpacing […]
Read MoreKasikornbank has taken a 9.99% stake in Bank Maspion Indonesia for US$20 million to help strengthen its regional presence, the bank said on Monday. The price paid was 615 rupiah (S$0.06) per share, nearly 62% premium to the stock’s closing price on Friday. The shares traded over 2% higher on Monday. “Bank Maspion is the […]
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