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Thailand: Motorcycle taxis in line for fuel discount

Motorcycle taxis nationwide will receive a discount on gasohol 95 of three baht per litre by December in a bid to manage the effects of higher global oil prices, says Deputy Prime Minister¬ Somkid Jatusripitak.¬ The discount¬ price will be administered through the state-owned oil and gas conglomerate, PTT Plc, whose petrol stations will take part in […]

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Alipay retains its allure

Alipay’s transaction volume in Thailand ranked No.2 globally, behind Hong Kong, and was tops in Southeast Asia, tallying 1.4¬ times last year’s volume, while the average spending per user of 1,584 yuan (7,501 baht) was 0.95 times last year’s figure.¬ During China’s Golden Week holiday (Oct 1-7), Alipay, the world’s largest mobile payment and lifestyle platform, […]

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Thailand drops in ranking for expats in HSBC survey

As other Southeast Asian countries saw their positions unchanged or up in a survey of expats, Thailand and the Philippines went in the opposition direction.¬ This year, Thailand ranked 21st in HSBC’s Expat Explorer survey, down six places from a year ago.¬ The kingdom obtained high scores from expats in the categories of property and […]

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Thailand: Coconut licences to be revoked

The Commerce Ministry is set to blacklist 10 coconut importers who failed to provide clarity on their import data as part of¬ efforts to deal with the domestic coconut price slump and help protect domestic growers.¬ Adul Chotinisakorn, director-general of the Foreign Trade Department, said officials recently launched an inspection of 29 coconut processing factories nationwide […]

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