The Thai economy will be powered by a southern land bridge megaproject, which will connect the Gulf of Thailand with the Andaman Sea, as part of the state’s ambitious plan to make Thailand a logistics hub in Asean, says Transport Minister Saksayam Chidchob. The minister highlighted the southern land bridge project as he, together with […]
Read MoreThe Export-Import Bank of Thailand (Exim Bank) has set a target to increase the number of small and medium-sized enterprise (SMEs) exporters to 100,000 in next four years from around 30,000 at present, the bank’s president, Rak Vorrakitpokatorn, said yesterday. The bank will support SMEs to become part of strong export supply chains, he said. […]
Read MoreThe Covid-19 pandemic has forced many changes to the retail market, to the point that reinvention and reformatting have become essential for survival at a time when restrictions are everywhere. In recent years, we have seen the rise of food trucks as an effective and agile way to introduce new brands while reducing the cost […]
Read MoreThailand’s central bank left its key interest rate unchanged at a record low on Wednesday, as widely expected, but lowered its 2021 economic growth forecast as the country struggles with a third wave of coronavirus infections. The Bank of Thailand’s (BoT) monetary policy committee voted unanimously to hold the one-day repurchase rate at 0.50% for […]
Read MoreThe Finance Ministry has asked state-run banks to consider lowering interest rates to 0% until the end of this year as part of the government’s efforts to curb household debt, compounded by the outbreak. Permanent finance secretary Krisada Chinavicharana said Finance Minister Arkhom Termpittayapaisith held a meeting on Monday with state financial institutions to discuss […]
Read MoreThe cabinet on Tuesday approved the Phuket sandbox tourism scheme that sees the island reopen on July 1, followed by a trio of destinations in the Gulf of Thailand — Koh Samui, Koh Phangan and Koh Tao — on July 15, allowing in fully vaccinated tourists from some countries. Government spokesman Anucha Burapachaisri said the […]
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