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Thailand: Thai central bank seen holding policy rate this wee

BANGKOK: Thailand’s central bank will likely leave its policy rate unchanged near record lows this week, as policymakers turn their focus to fiscal spending to support weak economic growth. Bank of Thailand governor Veerathai Santiprabhob told Reuters last month that monetary policy would remain “accommodative” as the economic recovery was fragile and inflation was not […]

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Thailand: Saha Group keeps focus on Myanmar

Bagan: Saha Group, Thailand’s largest consumer goods conglomerate, has vowed to continue investing in neighbouring countries like Myanmar, where it is scheduled to run a new Mama noodle factory in Mandalay starting this year. Chairman Boonsithi Chokwatana said Myanmar is a high-potential market as indicated by the company’s sales, averaging 20% growth during 2015-16. In […]

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Thailand: Visa incentives extended to woo tourists

The cabinet on Tuesday extended by six months to August free visas at Thai consulates and embassies and discounts on visas on arrival for visitors from 21 countries. The Tourism and Sports Ministry proposed the extension to attract foreign tourists as the measure earlier set for three months from early December to Feb 28 raised […]

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Trump’s policies unlikely to weigh upon Thailand

Protectionist policies by US President Donald Trump are unlikely to have much direct impact on Thailand’s international trade because it is not a country with which the US has a hefty trade deficit, according to a Commerce Ministry study. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said the study also found that […]

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Myanmar, Thailand push ‘one destination’

Bagan: Thailand and Myanmar have vowed to stimulate tourism and raise the number of visitors between the neighbouring nations to 1.5 million by 2020 as part of the “two countries, one destination” cooperative scheme. The Tourism Authority of Thailand (TAT) signed a memorandum of understanding last Friday with the Myanmar Tourism Federation to promote tourism […]

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“Opportunity Thailand: Key to Thailand 4.0” Seminar and Exhibition

Enter a new era 2017 with an international seminar “Opportunity Thailand”, organized by the Thailand Board of Investment (BOI) to show Thailand’s potential and readiness to become “Thailand 4.0”. Prime Minister Gen. Prayut Chan-o-cha will join the opening ceremony and deliver a keynote speech on the topic “Thailand 4.0 Means Opportunity Thailand”. Dr. Somkid Jatusripitak, […]

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