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Thailand: Shippers less bullish on full-year exports

Although the Thai government and several organisations are optimistic about Thai exports, the Thai National Shippers’ Council (TNSC) remains pessimistic and is keeping its annual export growth outlook unchanged at 5%, saying several potential hiccups could disrupt exports before the year’s end. Exporters are still concerned about uncontrollable factors that could hurt shipments, particularly the […]

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Thailand: Jobless rate ticks higher in Q2

A draft bill would waive capital gains and corporate income taxes for venture capital and angel investors in a bid to spur interest in local startups. The bill will go before the cabinet this year, said Chinawut Chinaprayoon, director for new ventures at the National Science Technology and Innovation Policy Office. The tax incentives are […]

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Cambodia: Positive start for bilateral talks

The Third Cambodia-Thailand Joint Cabinet Retreat that will be held in Siem Reap province on Thursday and Friday will discuss bilateral issues ranging from development cooperation to border development, and trade and investment, according to the spokesperson of the Ministry of Commerce. “The joint cabinet meeting of Cambodia and Thailand will see both governments commit […]

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Thailand: ‘Two trends, one economy’

Two divergent trends have prevailed in the Thai economy, with cross-border sectors thriving while domestic ones remain stagnant, according to a bank research unit. The economy has clearly split into two recently, said Phacharaphot Nuntramas, head of economic and financial market research at Siam Commercial Bank’s Economic Intelligence Center. The sectors involving foreign countries such […]

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