The tourism-reliant economy could contract in the first quarter from the preceding three months and the corresponding year earlier period due to the impact of a new coronavirus outbreak, the central bank said on Wednesday. The Southeast Asian country had largely contained the spread of Covid-19 by mid-2020, but a new outbreak that emerged in […]
Read MoreThe manufacturing production index (MPI) for February was down 1.08% from a year earlier, weighed down by lower oil production, the industry ministry said on Wednesday. The reading compared with a forecast for a rise of 0.1% in a Reuters poll and January’s revised 2.0% fall. Output in March is expected to rise due to […]
Read MoreThe Mall Group is set to return to digital commerce after 15 years by using its offline expertise to build a complete omnichannel experience under a three-year strategic roadmap. Supaluck Umpujh, the company’s chairwoman, said the digital commerce strategy, which will target Thai shoppers will resume next Wednesday after the company had put online shopping […]
Read MoreLine Man Wongnai, the operator of food delivery service Line Man, has defended its recent move to reduce delivery service payments for rider partners from 62 baht over a distance of the first 3 kilometres to 50 baht, saying the new rate remains higher than those offered by rivals in the industry. The new rate, […]
Read MoreCar and beer sales are recovering vigorously, resulting in a surge of excise tax revenue collection by the Excise Department from the two products for the first five months of fiscal 2021. Lavaron Sangsnit, director-general of the Excise Department, said the overall economy has gradually recovered as reflected by the department’s tax revenue collection in […]
Read MoreThailand’s labour force is recovering from a plunge last year that saw 3 million people lose their jobs because of the pandemic, though people with IT skill sets are in great demand as organisations gear up for digital transformation, according to job search platform JobsDB. People in Thailand need to improve their skill sets for […]
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Thailand
