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Thailand: Govt to promote exports through FTAs

The Agriculture Ministry and Commerce Ministry will promote Thailand’s farm exports by capitalising on free trade agreements (FTAs) which the government has entered into, deputy government spokeswoman Rachada Dhnadirek said. The government has asked both ministries to step up their partnership, in which the Commerce Ministry promotes agricultural goods grown or made under the supervision […]

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Thailand: Tourism revival in doubt again

Most of Thailand’s famous holiday destinations were nearly empty last week during the long Songkran holiday. The latest Covid-19 wave — with daily infections climbing all week and hitting a record 1,582 on Friday — scared tourists away from popular beach resorts close to Bangkok such as Pattaya, Cha-am and Hua Hin, which has also […]

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Thailand: Bright future for digital loans

Economic doldrums related to the pandemic have prompted a surge in demand for digital loans in several forms, including nano-finance products offered both by banks and non-bank companies. Line BK, a social banking collaboration in Thailand between Kasikornbank (KBank) and Line Corporation, reported that personal digital loans increased to 6 billion baht in the first […]

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Thailand: Wearables segment sees steady growth

Thailand’s shipments of wearables grew 47.3% year-on-year to 3.46 million units in 2020 despite the pandemic as Chinese smartphone vendors made forays into this segment, according to International Data Corporation (IDC), a tech market research firm. The growth was supported by strong uptake of earwear, which grew 97% to 1.3 million units in 2020. In […]

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Thailand: Demand for office space remains robust

Though the pandemic has affected many tenants, demand for office space in Bangkok in the first quarter remained strong, driven by the growth of e-commerce, tech and logistics businesses. Phattarachai Taweewong, research and communication director at property consultant Colliers Thailand, said demand for Bangkok office space remained robust, although there was a drop in the […]

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