Foreign investment applications in Thailand dropped 54% to 213 billion baht in 2020 as companies were deterred by the coronavirus pandemic, while this year’s outlook remains uncertain, the Board of Investment (BoI) said on Wednesday. Japan remains Thailand’s biggest investor, with projects worth 76 billion baht, followed by China’s 31 billion baht of pledges and […]
Read MoreHANOI: Vietnam said on Tuesday it plans to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry. The Vietnamese Industry and Trade Ministry said a 33.88% levy would apply on Thai sugar, but a timeframe for when it will come into force has yet to […]
Read MoreThe government’s continued efforts to crack down on counterfeit and pirated goods has yielded fruit as the latest findings of the US’s 2020 Review of Notorious Markets for Counterfeiting and Piracy has not identified any notorious markets in Thailand that engage in selling counterfeit and pirated goods. Vuttikrai Leewiraphan, director-general of the Intellectual Property Department, […]
Read MoreBitcoin’s price jumped over 20% to an all-time high of 1.4 million baht apiece after Elon Musk, CEO and founder of Tesla, announced the company purchased about US$1.5 billion of bitcoin in January and would start accepting the digital currency as a payment method for its products. Altcoins, the cryptocurrencies other than bitcoin, also soared […]
Read MoreSCG Packaging (SCGP) is joining hands with its Vietnamese partners under a 10-billion-baht investment to expand its packaging solution business in Vietnam, where demand for packaging products is growing. The latest move is the signing of a share purchase agreement yesterday to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam’s top producer […]
Read MoreIT ranks first when its comes to the highest paying job at officer level in Thailand with a monthly salary of 23,225-41,122 baht, as companies gear up for digital transformation, according to job search platform JobsDB. The result is presented in JobsDB’s Salary Report 2021, which examines the highest and lowest paid jobs by position […]
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