Thailand saw total foreign investment of 82.501 billion baht ($2.5 billion) last year, creating 5,450 jobs for Thais, the commerce ministry announced on January 31. Japan remained the kingdom’s highest foreign investor, topping the rankings with 23.260 billion baht or 28.6 per cent of total investment via 163 businesses. The US was second with 5.948 […]
Read MoreRice exporters forecast shipments to rise by 14.8% this year to 7 million tonnes driven by sufficient water supply. Higher demand is anticipated thanks to a global economic recovery, while a favourable foreign exchange rate should make Thai rice competitive, according to Charoen Laothammatas, president of the Thai Rice Exporters Association. For the 2021/2022 harvest […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking expects inflation to run at 1.5-2.5% this year, and 3% in first half due to rising oil prices. Supant Mongkolsuthree, chairman of the Federation of Thai Industries, said on Wednesday that tension between Russia and Ukraine could prompt Russia to reduce its crude oil and natural […]
Read MoreLeading delivery company Kerry Express has partnered with Grab Thailand to introduce two new pick-up services this Valentine’s season. The instant pick-up service allows items to be collected within 30 minutes, while the express pick-up service enables customers to schedule a parcel collection every hour. These new services, available on the Kerry Express app, are […]
Read MoreThailand urgently needs 800,000 migrant workers to serve the manufacturing sector as well as tourism and service businesses that are struggling to deal with a labour shortage, says the Federation of Thai Industries (FTI). Many companies are registering with the government to import workers from Myanmar, Laos and Cambodia as demand for workers increases as […]
Read MoreThis year’s Chinese New Year festival is only expected to lure some 527,900 tourists and generate just 1.93 billion baht owing to fears over Omicron as well as the rising cost of living and household debt, Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said on Saturday. He said once again, Bangkok’s Chinatown is not […]
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