BANGKOK/HANOI, May 18 – Rice prices hit multi-month peak in Thailand and Vietnam this week on export prospects, while high rates in India kept buyers at bay, traders said on Thursday. BANGKOK/HANOI, May 18 – Rice prices hit multi-month peak in Thailand and Vietnam this week on export prospects, while high rates in India kept […]
Read MoreSET-listed Berli Jucker Plc, owner of Big C Supercenter Plc, says it is open to partnerships with other suppliers to make products for markets in Cambodia, Laos, Myanmar and Vietnam (CLMV). Aswin Techajareonvikul, BJC’s chief executive, said the company will put efforts into strengthening its manufacturing business by partnering with other producers to meed demand […]
Read MoreThe Thai Chamber of Commerce has vowed to upgrade 50,000 entrepreneurs to make them more innovative and add value to their business in line with the Thailand 4.0 initiative. The chamber also aims to raise revenue in the business sector by 20-30 billion baht over the next two years and increase GDP growth by 0.2 […]
Read MorePrivate investment growth is expected to pick up in the second half of 2017, helped by a strong recovery for exports, says the Bank of Thailand. Thailand saw a contraction in private investment in the first quarter of 2017. “A more robust recovery in merchandise exports is expected to drive private investment growth in the […]
Read MoreThe baht probably reached its strongest level in mid-April and will reverse course until the end of the year, says a senior official at Kasikornbank (KBank). “According to historical data, the baht normally reaches its peak in the middle of April as a result of seasonal factors,” said Kobsidthi Silpachai, head of capital markets research […]
Read MoreThailand’s economy in the first quarter expanded at the fastest pace in three quarters, driven by recovering exports, an improving farm sector and rising private consumption. But the state planning unit narrowed its 2017 GDP growth outlook to 3.3-3.8% from the 3.0-4.0% range forecast in February, as private investment is unlikely to be as active […]
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Thailand
