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Thailand: Berli Jucker keeps Big C delist plan

Berli Jucker Plc’s (BJC) plan to delist Big C Supercenter Plc from the Stock Exchange of Thailand is aimed at increasing retail competitiveness and speeding up expansion in both domestic and international markets. Analysts say Big C can delist because its major shareholder BJC, with a 97.94% stake, has a strong financial position. BJC is […]

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Thailand: First-quarter growth fastest in four years

The economy expanded at its fastest quarterly pace in four years in the first quarter, boosted by recovering exports, but monetary policy will likely remain loose to cushion still-subdued investment activity. The government raised its export outlook for 2017, suggesting the recovery was gaining traction but the economy still faces rising global trade protectionism and […]

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Analysts see slight bump in Q1 growth

Thai GDP possibly grew at a marginally faster rate from January to March than in the previous quarter as state investment and private consumption underpinned recovery momentum despite private investment remaining tepid, economists say. “The Thai economy is expected to have grown by 3.3% year-on-year in the first quarter, up from 3% growth recorded in […]

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Thailand 4.0 keys outlined

Value creation, development of IT professionals and software developers and updated laws are necessary components for the development of Thailand 4.0, say IT experts. “The development of Thailand 4.0 does not just involve the IT industry. It’s related to every business and social stakeholder,” Manoo Ordeedolchest, an IT industry guru, recently said at a seminar […]

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Indonesia tries to lure Thais with twin campaigns

Indonesia is beckoning international tourists with dual campaigns, aiming at 200,000 visitors from Thailand this year. Indonesia’s Tourism Ministry and Tourism & Culture Department are joining forces to promote the country as a prime destination in Asia and on the global map with a national campaign, Wonderful Indonesia, and a special campaign for the capital, […]

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