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GMS countries sign new deal, boost transport connectivity

Greater Mekong Subregion (GMS) countries reached an agreement last week on the implementation of the cross-border transport facilitation agreement (CBTA), which, starting June 1, will enable the issuance of regional road transport permits and temporary admission documents for commercial vehicles. Transport ministers from Vietnam, Cambodia, Laos, Myanmar, Thailand and China signed on Thursday a memorandum […]

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Thailand: Netflix casts service far and wide

The shift of linear TV to internet streaming and video on demand is revolutionising the entertainment industry and pitting tech giants against entertainment firms. Statista predicts the global entertainment and media market to be worth US$2.2 trillion (68.6 trillion baht) in 2021. According to projections, internet video will see the highest compound annual growth rate globally […]

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Thailand: Tesco reveals ‘historic’ discount campaign

Tesco Lotus Thailand has launched its biggest discount programme ever as sales of fast-moving consumer goods (FMCG) are expected to dip 1% this year — the largest fall in recent history. Domestic sales of FMCG, including food, increased 1.7-2.6% for retailers between 2014 and 2016. The projected decrease this year is in large part driven by […]

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Cambodia, Thailand auto parts trade worth $488 million

Trade of auto parts and accessories between Cambodia and Thailand was worth $488 million in 2017, according to data from Thailand’s Department of International Trade Promotion (DITP). Speaking at a press conference, Jirawuth Suwanna-Arj, minister counsellor of commercial affairs at the Thai embassy in Phnom Penh, said Cambodia imported more than $200 million in auto […]

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Thailand: OSMEP STEPS UP ON ‘BIG DATA FOR SMES

The Office of SME Promotion (OSMEP) will accelerate preparation of its Big Data as the national SME data centre to reflect real SME situations and to cope with other promotional measures systematically, said Kobsak Pootrakul, minister at the Prime Minister’s Office. OSMEP will become the centre connecting and administering useful data and information from other […]

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