The second Greater Mekong Subregion Agriculture Ministers Meeting will be held in Siem Reap province early next month, with agro-food products, exploring new markets for agricultural products and solving issues in the sector expected to be high on the agenda. The meeting of agriculture ministers will be held from September 6 to 8 in Siem […]
Read MoreThe latest feasibility study on building a high-speed train to link the three airports of Don Mueang, Suvarnabhumi and U-tapao in nearby Rayong province has been completed. The 280-billion- baht project is due to open for bidding later this year or in early 2018. Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor (EEC) Office, said the project […]
Read MoreYum Restaurant International Thailand has fulfilled its goal of having all KFC outlets operate as franchises, with Thai Beverage Plc (ThaiBev) being the third and last franchisee in Thailand. Yum on Tuesday signed a franchise agreement worth about 11.3 billion baht, with The QSR of Asia (QSA) (an indirect wholly-owned subsidiary of ThaiBev), to operate […]
Read MoreNon-performing loans (NPLs) in the small and medium-sized enterprise (SME) sector are expected to peak at 4.6-4.7% of outstanding loans this year, thanks to a recovery in private consumption and stricter commercial bank lending criteria, says TMB Analytics. “We expected this year to be the end of the SMEs’ NPL upsurge cycle, with bad SMEs loans to […]
Read MorePublic debt-to-GDP ratio fell by more than 1 percentage point in June due to a drop in borrowing, according to the Public Debt Management Office. Public debt dropped by 162 billion baht to 6.19 trillion, representing 41.5% at the end of June from 42.9% at the end of May, said Theeraj Athanavanich, a bond market […]
Read MoreThe consumer confidence index (CCI) fell for the third straight month to the lowest in seven months in July as recent flooding and persistent poor farm prices caused rising concerns over weak purchasing power and economic uncertainty. University of Thai Chamber of Commerce vice-president for research Thanavath Phonvichai said the July consumer confidence index declined to […]
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