The new Laos-China railway, which will start running from Thursday, should serve as a good delivery channel for the agriculture industry, the Agriculture and Cooperatives Ministry said on Monday. The railway will initially only provide freight services to Chinese companies based in Laos, transporting goods like rubber, dried cassava, industrial salt, ore, etc. However, Thai […]
Read MoreThai exports are expected to grow 17% this year, the highest growth rate in 12 years, the country’s finance minister Arkhom Termpittayapaisith said on Monday. Mr Arkhom also told an online forum that gross domestic product next year should grow around 4% or in a range of 3.5% to 4.5%. The economy shrank by 0.3% […]
Read MoreThe baht opened at 33.63 to the US dollar on Monday, weakening from the previous closing of 33.59. The Thai currency is likely to move between 33.55 and 33.75 during the day and between 33.35 and 34 during the week, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might continue to […]
Read MoreRestaurant operators are adapting their business strategies to cope with rising operating costs, mainly from higher prices of raw materials, oil and logistics. According to Natalie Phanphensophon, chief operations officer at Coca Holding International Co, the operator of Coca Sukiyaki restaurants, operating costs for eateries increased the past 5-6 months as the pandemic caused farmers […]
Read MoreTOKYO: As Americans celebrated Thanksgiving with turkey prices at record highs, another poultry dish that’s a beloved holiday tradition could be in short supply: fried chicken in Japan. Convenience stores in Japan like 7-Eleven and FamilyMart are running low on fried chicken for their holiday platters due to plant closures in Thailand, one of the […]
Read MoreThe Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity. Thailand’s EV import tax rates vary. EVs imported from China enjoy a 0% tax rate under a bilateral agreement between Thailand and China. Some […]
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