The Digital Economy Promotion Agency (Depa) has vowed to increase the GDP of the country’s digital industry by 1% or 6 billion baht next year through various support programmes. The commitment was spelled out by Depa president and chief executive Nuttapon Nimmanphatcharin in a recent press briefing about the agency’s 2021 vision. He said the […]
Read MoreDespite a surge of new infections in Samut Sakhon, food processors and seafood restaurants remain upbeat about food-related business prospects. Visit Limlurcha, president of Thai Food Processors Association, said Thai food processors are not yet concerned about the surge in new infections, adding other food-producing countries have been facing more serious outbreaks than Thailand. “[Thailand] […]
Read MoreFinancial experts believe investment outlook is bright for the first half of next year although recent rallies in many markets might make equities look expensive. Siriporn Suwannagarn, managing director and financial advisory head of banking at Private Banking Group, expressed confidence that the availability of a Covid-19 vaccine, coupled with huge liquidity and new government […]
Read MoreThe Fiscal Policy Office (FPO) believes Brexit is unlikely to have much impact on the Thai economy, as the value of trade, investment and tourism between the two countries is not high. Pisit Puapan, FPO director of Macroeconomic Policy Bureau, said that last year the UK was ranked the 20th major export destination for Thai […]
Read MoreAlternative state quarantine (ASQ) facilities in Thailand are upbeat about the latest relaxation of travel restrictions, which allow citizens of 56 countries to visit Thailand without a visa requirement, as it might increase demand for the 122 quarantine facilities nationwide. Prin Pathanatham, president of ASQ Club Thailand, said easing of rules, such as visa exemptions, […]
Read MoreThe Bank of Thailand and Bank Indonesia on Monday announced the expansion of the rupiah-baht settlement framework. The framework was first launched on December 11, 2017 under a memorandum of understanding signed by the two central banks on December 23. The expansion is a part of continuous efforts to promote wider use of local currencies […]
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Thailand
