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Thailand: Unlocking the potential of Industry 4.0

As the Fourth Industrial Revolution (Industry 4.0) expands the possibilities of digital transformation, business executives foresee sweeping changes. A new Deloitte¬ Global report finds that businesses plan to invest heavily in digital transformation, but strategic and operational paradoxes threaten to hamper these efforts.¬ The survey of more than 350 executives in the manufacturing, power, oil and […]

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Cheap packages luring Thais

Some 10 million Thai tourists are expected to travel abroad next year, up from an estimated 9 million this year, says the Thai Travel Agents Association (TTAA).¬ The key factors driving the growth are more attractive tour packages offered by travel companies and affordable airfare, especially from low-cost carriers operating in and¬ around Thailand, said Thanapon […]

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Bank of Thailand treads gently on fee charges

The Bank of Thailand will take into account access to banking services and familiarity with technology before making a¬ decision on banks’ proposal to charge fees for cash transactions at branches and ATMs, a senior official says.¬ The central bank must also consider the readiness of financial services across the country, said Chantavarn Sucharitakul, assistant governor […]

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Thailand urged to take lead on trade

THAILAND should capitalise on its position as chair of the next two Asean summits in 2019 by finishing the Regional Comprehensive Economic Partnership (RCEP) negotiations in order to mitigate risks from the US-China trade war, say experts. The RCEP, led by China, is the largest proposed multilateral free trade agreement in history, involving 16 countries […]

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