Merger and acquisition (M&A) activity looked strong at the beginning of 2020 with numerous transactions, including the acquisition of the Ninth Towers office building and Unilever House office building projects (US$186 million and $50.4 million, respectively) by CPN Retail Growth Leasehold REIT. In the first quarter of 2020, according to international consulting firm KPMG, the […]
Read MoreA bleak economic winter is forecast for the New Year holiday as airlines are seeing declining bookings and the Tourism Authority of Thailand (TAT) estimates only 2.75 million domestic trips for the upcoming period. Nuntaporn Komonsittivate, head of commercial operations at Thai Lion Air (TLA), said tourism demand softened significantly because of a recent surge […]
Read MoreThe Federation of Thai Industries (FTI) supports the state plan to register all migrant workers and better manage their data records in response to the surge of Covid-19 infections among foreign workers. The move is part of efforts to cope with illegal entry of foreign workers into Thailand amid a growing worry over the spread […]
Read MoreNew local transmissions from Samut Sakhon province, the epicentre of the current Covid-19 outbreak, have slowed alternative state quarantine (ASQ) bookings as foreigners waver on whether to wait until the situation is resolved. “After the new surge, hotel bookings for ASQ facilities dropped, but the situation is not serious,” said Teeranat Phaoharuhan, vice-president of the […]
Read MoreNew business registrations are expected to recover to growth of 3.5-4.5% next year, driven by the economic recovery and availability of a Covid-19 vaccine. Sorada Lertharpachit, deputy director-general of the Business Development Department, said the number of new business registrations next year is likely to stay in a range of 64,000 to 66,000, compared with […]
Read MoreNAKHON RATCHASIMA: Seafood vendors in Bua Yai district say sales have dropped sharply following the outbreak of Covid-19 at a wholesale shrimp market in Samut Sakhon province. The atmosphere at Bua Yai municipal market was muted on Friday, particularly at seafood stalls. Seafood vendor Chakri Ketmai told the Bangkok Post that many of his regular customers were […]
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Thailand
