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Thailand: Planning unit touts revamp of labour force

The decoupling of global supply chains following trade conflicts between the US and China could benefit Thailand in the automotive, electrical appliances, and electronics industries. Thailand needs to ramp up in-depth research and data analysis at provincial and regional levels to identify target markets for exports or investment in order to formulate appropriate promotion policies, according […]

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Thailand: Food event transactions increase by 81%

The food and beverage trade event Thaifex-Anuga Asia 2023 ended on Saturday and generated up to 120 billion baht in transactions, outstripping the original target of 70 billion baht. Commerce Minister Jurin Laksanawisit said the event was tremendously successful based on strong collaboration among three parties: the Commerce Ministry’s International Trade Promotion Department, the Thai Chamber of […]

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Thailand: Arkhom coy on diesel excise tax cut

Finance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices. The cabinet of outgoing Prime Minister Prayut Chan-o-cha extended the excise tax cut on diesel of 5 baht per litre until July 20 to help ease the […]

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Thailand: Consumers eager to spend on health

Some 70% of consumers in Asia-Pacific are willing to increase their spending on health and wellness as they become more health-conscious following the pandemic, according to a recent survey. The Asia-Pacific Health Priority Survey, conducted by the US supplement distributor Herbalife, found interest in health improvement is most apparent in Southeast Asia, especially in Thailand, Indonesia, the […]

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Grab Thailand to break even before Q4

Grab Thailand, the local operation of the Southeast Asian super application, plans to break even before the fourth quarter as it sees itself on a path to group profitability through its “One Grab” synergy. The company has also joined forces with the Tourism Authority of Thailand (TAT) to attract more tourists and help the country reach […]

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