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Singapore’s Thai investments to grow: study

An HSBC study shows that overall investment into Asean to 2020 is expected to rise amongst Singapore-based companies with Thailand to be a key beneficiary. Thailand’s growing consumer market and overall investment climate are driving the expansion plans. The HSBC-commissioned report by the Singapore Business Federation sought the insights of 1,036 Singapore-based companies on their […]

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Indian state calls for Thai investment

SMEs in Thailand and Maharashtra have the capability to explore joint collaborations in food processing, dairy, textiles and information technology sectors, according to Subhash Desai, minister for industries and mining in the central Indian state of Maharashtra, at the roundtable discussion on small- and medium-sized enterprises from Thailand at the World Trade Centre in Mumbai. […]

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EEC boosts interest in S-curve industries

THE GOVERNMENT’S Thailand 4.0 initiative and Eastern Economic Corridor (EEC) mega-investment programme have significantly boosted businessmen’s interests in automation and related technology investment, according to Chaiyot Piyawannarat, ABB’s managing director for Thailand, Myanmar, Cambodia and Laos. Chaiyot said many Thai enteprenuers are now keen to invest in the new growth or S-Curve industries such as […]

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Thailand: Consumer prices up for 13th straight month

Thailand’s headline inflation rate, as gauged by the increase in the consumer price index (CPI), picked up to 1.46% in July after easing to 1.38% in June. The Commerce Ministry reported on Wednesday that consumer prices rose for a 13th straight month in July, mainly driven by higher prices in energy, tobacco and alcoholic drinks; housing […]

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Indonesia ships 5,600 tons of shallots to Thailand

Indonesia on Wednesday sent 5,600 tons of shallots to Thailand, the first shipment in a total of 9,000 tons of shallots to be exported to the country this year. “In the past, we imported shallots from Thailand, but now we export the commodity to the country,” said Agriculture Minister Andi Amran Sulaiman when releasing the […]

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Thailand: Association predicts flat Q3

Thailand’s retail industry is expected to edge up this year, but the growth rate will remain far behind overall economic growth. According to Jariya Chirathivat, president of the Thai Retailers Association (TRA), the retail industry will still stay flat in the third quarter of this year and gradually improve in the fourth quarter, which is the […]

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