The coronavirus crisis has battered new business registrations, with the figures down 12% year-on-year in March. Vuttikrai Leewiraphan, director-general of the Business Development Department, said yesterday that business registrations totalled 6,066 last month, down from 6,876 in March 2019. On a monthly basis, registrations fell 5% from 6,407 in February. The amount of registered capital […]
Read MoreModern trade operators are calling on the government to allow them to reopen their stores, saying their inventory is piling up and this could affect supply chains and future employment. Thanavath Phonvichai, president of the University of Thai Chamber of Commerce, which conducted a survey between March 23 and April 17, said the reopening of […]
Read MoreThe coronavirus outbreak is spurring the adoption of e-document signing as more people work from home during the pandemic, says e-commerce pioneer Pawoot Pongvitayapanu. “E-signing has become the new normal over the past two months,” said Mr Pawoot, co-founder of local startup Creden, which provides online authentication using e-KYC (electronic Know Your Customer) technology. Mr […]
Read MoreThe economy could contract by as much as 10% this year in a worst-case scenario in which a second coronavirus outbreak occurs after the government lifts lockdown measures, says a financial expert. Supavud Saicheua, adviser to Kiatnakin Phatra Financial Group, expects the global economy to shrink by 6% in 2020 if there is a second […]
Read MoreThe manufacturing production index (MPI) declined for the 11th straight month in March, down 11.25% from a year earlier, hurt by lower production of cars, sugar and petroleum, the industry ministry said on Wednesday. The performance compared with a forecast drop of 6.25% in a Reuters poll, and against February’s revised decline of 4.24%. Capacity […]
Read MoreBerli Jucker Public Company Limited (BJC), the major shareholder of Big C Supercenter and a leading consumer goods and packaging products company in Thailand, has announced the public offering of its new debentures with tenures of 4 years, 6 days and 10 years, 6 days. The expected subscription period is May 28-29 and June 1. BJC […]
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