To comply with the goal of the Party and the State to transform Laos from being landlocked to a central land link, and use the Laos-China railway to achieve maximum efficiency, on April 17, 2023, Speed International Transport Lao Co., Ltd. in Laos partnered with Speed Inter Transport Co., Ltd. in Thailand and Guangxi Dongxie […]
Read MoreThe number of newly registered Thai companies rose 28% year-on-year in March, with combined registered capital skyrocketing by 1,055%, according to a Commerce Ministry report. Commerce Minister Jurin Laksanawisit said yesterday that the number of newly registered businesses in March tallied 9,179, with a combined registered capital of 300 billion baht. A surge in the […]
Read MoreThailand’s industrial sentiment in March reached its highest level in a decade, boosted by a rebound in domestic demand and tourism, but high costs, slowing global growth and baht volatility were a worry, the Federation of Thai Industries (FTI) said on Wednesday. The FTI’s industries sentiment index rose to 97.8 in March from 96.2 in February, […]
Read MoreAs a popular tourism destination, Thailand expects to welcome at least 25 million foreigners this year, with roughly 5 million from China, representing 50% of the Chinese visitor total in 2019. In the early stages of China’s reopening this year, Beijing listed Thailand as one of the first 20 countries where Chinese tour groups would be […]
Read MoreRising interest rates have not yet affected domestic loan demand despite corporate loans slowing because of the global economic outlook, according to the Bank of Thailand. Piti Disyatat, assistant governor for the monetary policy group at the central bank, said Thailand’s financial conditions are tightening based on interest rate hikes, but they remain accommodative and have […]
Read MoreDepositors have started to move their money from bank accounts to money market funds, in part because of ongoing concerns about the banking crisis and also offers of higher returns, according to a recent report from financial services company Morningstar. The Morningstar Research (Thailand) report found signs of increasing capital movement from deposit accounts, which provide […]
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