The Federation of Thai Industries (FTI) is assessing the impact on Thai investors in Myanmar after authorities in that country ordered companies there to suspend debt payments for foreign loans. Myanmar’s central bank instructed companies and individual borrowers to suspend paying principal and interest to foreign lenders in a move to slow Myanmar’s decreasing foreign […]
Read MoreThailandPost Distribution (THPD), the logistics solutions arm of state postal service Thailand Post, is gearing up to optimise delivery routes and load utilisation by using artificial intelligence (AI) to reduce fuel costs and level up its delivery capacity. The approach is expected to reduce fuel costs by 10% while enhancing its productivity and customer satisfaction, […]
Read MoreThailand’s industrial sentiment picked up for the first time in three months in June thanks to an easing of Covid-19 restrictions and improved economic activity, an industries group said on Wednesday. The Federation of Thai Industries (FTI) said its industries sentiment index rose to 86.3 points in June from 84.3 in May. However, negative factors […]
Read MoreThailand’s industrial sentiment picked up for the first time in three months in June thanks to an easing of Covid-19 restrictions and improved economic activity, an industries group said on Wednesday. The Federation of Thai Industries (FTI) said its industries sentiment index rose to 86.3 points in June from 84.3 in May. However, negative factors […]
Read MoreTHAILAND’S economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation, the central bank chief said on Wednesday (Jul 20), amid expectations of an interest rate hike. Economic recovery is expected to continue while the financial system remains strong and functioning normally, Bank of […]
Read MoreThe government’s latest bid to attract affluent foreigners involves offering the ability to purchase land for residential use in the country. While this proposal is intended to reinvigorate the economy, many analysts are urging caution. What does the proposal regarding foreign land ownership in Thailand entail? Government spokesman Thanakorn Wangboonkongchana recently announced the Land Department […]
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