The Commerce Ministry is maintaining its 2017 export growth target of 5% amid gripes from some quarters in export sector about the stronger baht. Commerce Vice-Minister Winichai Chaemchaeng said that while the baht continued to rise further against the US dollar, the strengthening of the currency has so far had minimal impact on total Thai […]
Read MoreE-commerce, the online trading phenomenon breaching global boundaries, has enabled companies and even individual vendors to increasingly engage in transactions with customers without any of the contacts traditionally associated with sales of goods and services. With an estimated value that runs into trillions of baht a year, it’s little surprise that the Revenue Department has […]
Read MoreThailand will upgrade a temporary border crossing in Khlong Hat district in Sa Kaeo Province to a permanent checkpoint to boost border trade and security in the region. Sa Kaeo governor Klanarong Pongcharoen, was quoted in the Bangkok Post, as saying that the sub-committee on border checkpoints under the National Security Council had approved the […]
Read MoreLabour-intensive industries, agricultural processing, electricity, garments, hospitality, retail, and spa are potential sectors where Thai investors can expand their investments in CLMV (Cambodia, Laos, Myanmar, and Vietnam), private experts who have invested in the CLMV countries said. “We welcome Thai investors to expand their investment in agriculture, organic farmer, energy, tourism, and hospitality business,” Phouvong […]
Read MoreThailand is initiating a master plan for trade and investment collaboration with the CLMV (Cambodia, Laos, Myanmar and Vietnam) subregion to ensure all five countries continue to prosper amid strong global competition, Deputy Prime Minister Somkid Jatusripitak said recently “We started to write a master plan to develop trade and investment with Laos after visiting […]
Read MoreForeign funds worth 40 billion baht have flowed into Thailand, believed to be for an acquisition deal for a large company, says a currency dealer. The massive fund inflow has strengthened the baht at a faster pace than other currencies in the region, said the dealer, who requested anonymity. According to recent local media reports, […]
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