The construction of a 43-kilometre road from Chiang Rai to Phayao, expected to ease border trade between Thailand, Laos and Myanmar will likely be completed next year. The Department of Rural Roads says construction of the Highway 1020 subsidiary in the North is 20% complete. The road begins in Phayao’s Chun district and stretches to Thoeng […]
Read MoreThe tourism confidence index in the fourth quarter still lagged behind the corresponding period prior to the pandemic, while the Tourism Council of Thailand (TCT) said tourism scams can be found everywhere. Chamnan Srisawat, president of the TCT, said the tourism confidence index of the final quarter last year stood at 72, up by 7 points […]
Read MoreThailand and Laos are in talks about the potential of a China-Laos-Thailand railway link which could reduce cargo transport costs by 30%-50% in three to five years, said the Department of Rail Transport (DRT) on Saturday. Athipu Chitranukroh, deputy director-general of the DRT and Kitjaluck Srinuchsart, deputy director-general of the Customs Department, visited Laos recently to […]
Read MoreCHINA’S easing of its “zero-Covid” policy raises prospects for tourism recovery in Asia-Pacific (Apac) economies such as Thailand, for which China was a key source market pre-pandemic, according to Fitch Ratings. “The effects on Thailand may be particularly important, as several of its credit metrics, including fiscal ones, have deteriorated as a result of weak […]
Read MoreCHINA’S JD.com is to close its e-commerce services in Indonesia and Thailand, retreating from South-east Asia after a bruising year for China’s retail and technology sectors. JD.com will end its services in Thailand from Mar 3 and in Indonesia from the end of the same month, its local websites showed. Both units will stop taking orders […]
Read MoreFollowing where China has been spending and investing its Belt & Road Initiative capital can provide foreign investment (FDI) clues and reveal new opportunities in recipient countries. As infrastructure builds start to yield productive user cash flows and the need for subsequent support services arises, case studies for investment potential become apparent. In this new […]
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Thailand
