[BANGKOK] Thailand will ease rules on capital outflows to cool a currency rally that’s threatening to derail a rebound in exports and the economy’s recovery from the pandemic. “Following the US elections and positive news on Covid-19 vaccine development, investors have turned toward investing in emerging markets, including Thailand,” the Bank of Thailand said in […]
Read MoreAmid Covid-19 restrictions between bilateral BCF zones, Myanmar has allowed cargo trucks from Thailand to come up to Myawady trade zone as of November 23 under the instruction of the Kayin State government to facilitate commodity flow. “Our trade activities are a main thing. Currently, bilateral trade activities are being carried out between the BCF […]
Read MoreThai tourists are keen to travel by taking advantage of promotional campaigns and have become price-conscious consumers when venturing out again during the post-pandemic period, according to a Booking.com survey. Michelle Gao, Booking.com’s regional manager Mekong region, said even though Thai travellers display the strongest intent to take trips to nearby destinations accessible by cars […]
Read MoreThailand’s economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house. GDP contraction has been upgraded to 6.4% from a 10.3% decline projected previously, attributed to an improved revision of all economic indicators, […]
Read MoreAn announcement of the upcoming opening of a Cambodian representative office in Bangkok coincided this week with the general manager of Thailand’s largest air conditioner and solar energy supplier, PPJ. Engineering Co (PPJ), giving assurances of expansion into the Kingdom next year, positive indicators that the strengthening of ties between the nations is gaining steam. […]
Read MoreCompanies should continue with their digital transformation journeys to avoid disruption, say executives from top tech companies at the Bangkok Post International Forum 2020. PANDEMIC-DRIVEN TRANSITION Jack Zhang, chief executive of Lazada Thailand, said his business boomed during the lockdowns when brick-and-mortar businesses closed and more people bought items online. “We believe in the long […]
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