The government has set an ambitious target for itself – making Thailand one of the top 10 countries in the world for ease of doing business in the next two years, said Deputy PM Supattanapong Punmeechaow, who doubles as energy minister. Thailand was ranked 21 in the World Bank’s Ease of Doing Business 2020 list […]
Read MoreThe Bank of Thailand plans to implement additional measures to help manage the baht’s appreciation in December as part of a push to forge a new foreign exchange ecosystem. The central bank expects to implement additional measures as a policy package to properly manage two-way movement of the foreign exchange rate, said Chayawadee Chai-Anant, senior […]
Read MoreBank share prices rallied by about 30% in November as investors gained confidence in an economic recovery amid progress in the development of Covid-19 vaccines, say analysts, although non-performing loans (NPLs) are expected to surge in the second half of 2021 once debt relief schemes come to an end. Charlie Kueyen, an analyst at KGI […]
Read MoreThe government has set an ambitious goal to raise the country’s standing in the World Bank’s Ease of Doing Business (EODB) ranking, reaching the top 10 by 2022. To reach that level, both public and private sectors need to work closer together, says Deputy Prime Minister Supattanapong Punmeechaow. Mr Supattanapong said over the past five […]
Read MoreE-commerce giant Lazada is scaling up efforts to boost cross-border e-commerce, bringing international brands to Thai customers with improved logistics services and a wide assortment of quality goods. It is also striving to introduce Thai products to buyers overseas as well as increasing the number of Thai brands via its parent Alibaba’s Tmall Global, a […]
Read MoreThai AirAsia (TAA) expects to earn 40% of the revenue it tallied in 2019 this year. It is also looking for additional income from new business units. Santisuk Klongchaiya, chief executive of TAA, attributed the decrease to international travel restrictions to stem the pandemic. The country needs travel bubbles to support the whole tourism industry, […]
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