The QSR of Asia under Thai Beverage Plc (ThaiBev), one of the operators of KFC in Thailand, is keen to participate in a race to acquire another KFC franchise if Restaurants Development Co, one of the other KFC franchisees in Thailand, agrees to sell its KFC franchise business as reported. According to a source from […]
Read MoreOnly less than half of businesses surveyed by the Employers’ Confederation of Thai Trade and Industry (EconThai) managed to maintain their employment as the local labour situation is expected to slowly improve amid economic challenges in the second half of this year. EconThai found 47.4% of 300 companies interviewed in its latest survey last month […]
Read MoreTHAILAND’S Cabinet on Tuesday (Jul 26) approved additional support measures worth US$748.23 million to ease cost of living pressures and sustain consumption amid rising inflation, the finance ministry said. The measures to run during September and October include 21.2 billion baht (S$801.6 million) for some 26.5 million people, or 800 baht each, under an existing […]
Read MoreThe Fiscal Policy Office (FPO) has kept its forecast for economic growth this year at an average of 3.5%, underpinned by a recovery in both the tourism sector and domestic consumption, according to the office’s director-general Pornchai Thiraveja. The office reviews the GDP forecast every three months. The state agency has also revised upward its […]
Read MoreThe Covid-19 pandemic had a profound impact on businesses of all sizes, but micro, small and medium enterprises (MSMEs) that took advantage of e-commerce opportunities generally fared better than their peers that did not, a new study by Alibaba.com has found. The global e-commerce platform and its AliResearch Institute set out to look at how […]
Read MoreThe baht opened at 36.70 to the US dollar on Wednesday, unchanged from Tuesday’s closing rate. The Thai currency is expected to move between 36.60 and 36.80 during the day, predicted Krungthai Bank market strategist Poon Panichpibool. Poon said the baht was likely to fluctuate and weaken to test its resistance level of 36.80 if […]
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Thailand
