International trade growth is forecast to stagnate this year as countries have raised interest rates to combat surging inflation, leading to a worldwide economic slowdown, says global logistics company DHL. According to the Global Connectedness Index 2022, the global trade volume in goods reached 10% above the pre-pandemic level in the middle of last year, despite advanced […]
Read MoreA Thai firm Onshore Logistics Services Co Ltd (OLS) has expressed its strong desire in investing in the development of oil and gas in the Overlapping Claims Area (OCA) between Cambodia and Thailand, according to a release by the Royal Embassy of Cambodia in Bangkok. The oil and gas development investment project was disclosed during […]
Read MoreThailand’s central bank on Monday repeated that it expected only a small impact on the country’s financial system and financial markets from the problems at banks in the United States and Europe, and would closely monitor the situation. The Thai banking sector has a low number of transactions involving the troubled banks, and the sector is […]
Read MoreWorries about Covid-19 may be gone, but PM2.5 is back, plunging Thailand into yet another crisis. As the ultra-fine dust accumulates, blanketing many provinces, businesses and households are increasingly complaining about the health and economic impact. The northern city of Chiang Mai, a top tourism destination, this month earned the unwanted title of worst air […]
Read MoreThailand’s e-commerce landscape is entering the next stage where major e-marketplace players are introducing innovative features to woo customers instead of focusing on price wars, while social commerce is strengthening in a bid to capture buyers. The growth of e-commerce will happen across diverse channels, ranging from social media to websites owned by product developers, said […]
Read MoreThe Finance Ministry stands ready to use tax measures to support the use of ethanol to produce bio-ethylene, a major feedstock used for making bio-based polyethylene, says a ministry source who requested anonymity. Commonly known as PE, polyethylene is a type of plastic used for making a variety of products, including packaging materials and bottles. […]
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