Thailand built or expanded 1,211 factories during the first half of fiscal 2023 with an investment value of 113 billion baht, generating more than 30,000 jobs, according to the Industry Ministry. Part of the investment during October 2022 to March 2023 came from entrepreneurs in the bioplastic and electric vehicle (EV) industries, in line with the […]
Read MoreThe demographic changes taking place in several countries are expected to drive greater adoption of cryptocurrency and blockchain technology, mainly among the millennial and Gen Z populations, according to a new study. Digital asset trading platform Bitget surveyed more than 255,000 people in 26 countries and found that a decline in the Baby Boomer and Gen […]
Read MoreThailand has approved the export of roasted coffee beans and coffee products that combine domestically produced beans with imported ones in order to increase coffee exporting opportunities for the country. Previously, only processed coffee products made from imported raw coffee beans could be exported. According to deputy government spokeswoman Rachada Dhnadirek, the cabinet on Tuesday approved […]
Read MoreAbout 809,000 people migrated to other provinces, mainly for work, between October and December of last year, according to the National Statistical Office of Thailand. The Central Plains saw the most migration with about 345,000 people, or 42.6% of all people who migrated during the period, said Piyanuch Wuttison, director of the office. The country’s population […]
Read MoreIncreased hotel room prices and living expenses in Japan will not significantly affect tourists with high purchasing power as they usually demand premium services, but the outbound market could slow based on seasonality. A survey by hotel research firm STR found Tokyo’s room rates already exceeded the level recorded before the pandemic. A domestic travel subsidy scheme […]
Read MoreThailand’s exports are likely to rise 1% in 2023 and should pick up later in the year, owing to a recovery in China’s economy, the Thai National Shippers’ Council said on Tuesday. Exports, a key driver of Thai growth, were not as weak as expected in the first quarter and should improve in the remaining […]
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