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Thailand: SMEs fret over wage hikes, energy costs

Small and medium-sized enterprise (SME) optimism fell for the three months to March as firms worry that the imminent minimum wage hikes and rising energy costs will push up their operating costs, according to a quarterly survey by TMB Analytics, the research unit of TMB Bank. The TMB-SME Sentiment Index declined to 51.9 in the […]

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Thailand: Strong baht may rewrite export goal

THE Thai National Shippers’ Council (TNSC) said export growth this year could come in well below its estimate of 5.5 per cent due to a stronger baht and the recent increases in the country’s minimum daily wage. The more downbeat view has prompted the influential group to call on the government to launch relief measures […]

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Thailand: Retail shows power of personalisation

Most retailers are looking for ways to improve the consumer experience with their brand, but few are equipped to apply one of the most obvious and powerful approaches available, which is personalisation, says Diebold Nixdorf, a multinational provider of connected commerce and cash-handling products and services. In a survey to gauge retailers’ customer experience priorities […]

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Thailand: January’s CCI at 3-year high

Consumer confidence rose for the sixth straight month in January, hitting a three-year high, driven by expectations of improved economic conditions stemming from expansion in exports and tourism. But the survey still indicates consumer concerns about the higher cost of living and the possible delay of the general elections. Thanavath Phonvichai, vice-president for research at […]

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Thailand tops internet usage charts

Thailand is the world leader for time spent on the internet and mobile internet per day, a consequence of higher social media use and the popularity of online video consumption. Thailand ranks in the top 10 for mobile social media penetration and top four for time spent on social media, according to social media management […]

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Thai Life eyes Cambodian insurance market

Thai Life Insurance Plc, Thailand’s third largest life insurer, is studying the possibility of entering the Cambodian market. The Thai insurance company is conducting market studies for Cambodia, as well as Laos and Myanmar, as reported yesterday by The Bangkok Post. The studies will be completed this year. The company has outlined its 10-year strategic […]

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