Sugar, consumed in everything from chocolate to fizzy drinks and baked products, is becoming ever more expensive, raising costs for the industry and keeping up pressure on global food inflation. Prices of refined sugar surged to the highest in more than a decade this week, while the raw variety is near to the costliest in […]
Read MoreSenior Official of Cambodia has inspired all stakeholders to continue working hard to attain $15-billion worth of Cambodia-Thailand bilateral trade volume set by the two countries’ Prime Ministers. The encouragement was made by Pan Sorasak, Cambodian Minister of Commerce, in his keynote speech at a workshop on Future Direction of Trade and Investment Opportunities in […]
Read MorePrime Minister Prayut Chan-o-cha has directed relevant agencies to keep an eye on prices at hotels and restaurants, which have reportedly skyrocketed following the rapid recovery of tourism. He also ordered responsible agencies to cooperate with business operators to ensure they charge fair prices for their services, preventing profiteering that may mar the country’s tourism image […]
Read MoreThailand’s Central Group is said to be a possible candidate to acquire a stake in the shopping mall arm of Vingroup, Vietnam’s largest conglomerate, five sources told Reuters on Wednesday. Vincom Retail, Vietnam’s biggest shopping mall operator, which is nearly 60% controlled by Vingroup, commands a market value of US$2.8 billion. The sources said Thailand’s biggest […]
Read MoreThe Bank of Thailand on Wednesday raised its benchmark interest rate for a fifth straight time and signalled that more tightening is on the horizon to return inflation to its target. “With all the data that we have now, we think the rate normalisation should continue,” assistant governor Piti Disyatat said at a briefing after policymakers […]
Read MoreThailand beat its target for tourist arrivals in the first quarter of 2023, recording 6.15 million visitors in the January to March 27 period, government spokesoman Traisuree Taisaranakul said on Wednesday. The government had set a target of 6 million arrivals in the three months ending in March this year. The government urged hospitality businesses, especially […]
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