Thailand’s cross-border trade fell by 9.18% year-on-year in the first half, attributed to lockdown measures and the slowing economies of neighbouring countries. Only Cambodia, which is one of the four countries with land border with Thailand, was the only nation to register a meagre 2.27 percent growth for the first half pf this year. The […]
Read MoreThe central bank saw a need to preserve monetary policy room to use at the most appropriate and effective time, when it kept its benchmark rate steady at a record low earlier this month, meeting minutes showed on Wednesday. On Aug 5, the Bank of Thailand’s (BoT) monetary policy committee voted unanimously to leave the […]
Read MoreThe newly elected president of the Thai Hotels Association has asked the government to include expatriates in the second phase of tourism stimulus, saying those who pay tax should receive equal rights. Marisa Sukosol Nunbhakdi said the stimulus campaign for locals has run since July 18, but the slow response is a sign of weak […]
Read MoreThailand ranks 63rd out of 85 countries in the digital quality of life (DQL) index based on research by privacy protection company Surfshark, trailing Singapore, Malaysia and Vietnam in Asean. The research assesses internet quality, affordability, e-security, online government services and e-infrastructure as key elements. Singapore, Malaysia and Vietnam rank 12th, 41st and 54th, respectively. […]
Read MoreBanking and security firms in Thailand are predicted to spend 48.9 billion baht on technology products and services this year, down 1.7% from 2019, says global research and advisory firm Gartner. The drop is in line with the global trend in spending, which is expected to be subdued by the pandemic. In Thailand, the biggest […]
Read MorePlans to stimulate domestic consumption and private investment, curb rising unemployment and speed public investment are to be tabled for consultation at Wednesday’s first meeting of the newly established economic situation administration centre. The cabinet last Thursday gave the green light to establish a centre to handle the nation’s economic rehabilitation from the coronavirus crisis. […]
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