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Thailand: Internet stock trading accounts increase by 22.7%

Internet securities trading accounts increased by 553,000 or 22.7% during the first three quarters to 3.02 million accounts, driving total securities trading accounts to 3.32 million at the end of September. According to the SET Note provided by the research department, the increase doubled the average annual figure of 230,000-330,000 accounts. More than 77,000 accounts […]

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Yangon to Bangkok Highway Project Kicks Off

The Yangon-Bangkok highway project that will allow people to reach Bangkok Yangon by bus in nine hours has launched with financial assistance from Asia Development Bank, according to the Ministry of Construction.  Currently, it takes 16 hours to travel 570 miles from Thialwa, Yangon to Bangkok by vehicles.  One the new route, it will take […]

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Thailand: Bangkok scores well in fit-out survey

Bangkok ranked the seventh most affordable office market to fit out in Asia-Pacific at US$713 or 21,390 baht per square metre, 170% less expensive than Tokyo, the most expensive, according to property consultant JLL Thailand. Stephen Taylor, managing director of project and development services, said fit-out costs in Bangkok were relatively stable despite price competition […]

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Thailand: Fuel consumption falls 13%

Thai fuel consumption in the first 10 months of this year contracted 13% due to the economic recession, according to the Department of Energy Business (DOEB). Director-general Nanthika Thangsupanich said air and land traffic restrictions across the globe during the pandemic were the main reason for the reduction, which was a record decrease for Thailand. […]

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Thailand: Recovery unlikely until 2022

Thailand’s economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT). “Thailand may only post a recovery next year in the export sector because domestic demand remains weak and has sluggish prospects, especially for small businesses that face tepid sales growth,” said Amonthep […]

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Thailand: Deduction incentives to be reviewed

The Finance Ministry wants to reform the tax structure by revising the large number of deduction incentives, arriving at a more appropriate level. As government expenditures have been increasing, the ministry is reviewing its tax reform policy to evaluate the extent of revenue losses from several tax deduction measures, said Finance Minister Arkhom Termpittayapaisith. For […]

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