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Thailand: Delivering the goods in the age of coronavirus

With extensive experience in family businesses, politics and regulation, Korkij Danchaivichit has a strong will to shore up Thailand Post as it weathers fierce competition from other courier services. Mr Korkij started work as chief executive of the postal service on March 2, becoming the first outsider in the top job of the 18-year-old state […]

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Thailand: Consumer confidence hits historic low

Consumer confidence slumped to a historic low in March as people worried about the spread of the coronavirus, which is estimated to cost 1-1.5 trillion baht in losses to the economy in the first half of this year. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index fell […]

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Thailand: Some Retail Chains Fight for Survival

First, the store doors shut. Now, the walls are closing in. Retailers have furloughed hundreds of thousands of workers, cut executive pay and stopped paying rent, all to conserve cash. For the most indebted retailers, particularly those already struggling before the crisis began, those measures may not be enough. Neiman Marcus Group Inc. and J.C. […]

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Thailand: Fruit plan focuses on domestic market

The Commerce Ministry has teamed up with the Agriculture Ministry to adjust a fruit management plan, focusing on the domestic market to offset exports hit hard by the coronavirus pandemic. Sansern Samalapa, vice-minister of commerce, said the plan will cover production management; distribution channels; business matching among traders, importers and Thai operators; financial support; and […]

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