The Industrial Estate Authority of Thailand (IEAT) has teamed up with Asia Clean Industrial Park Co (ACIP) to develop a new industrial estate in Chon Buri to serve novel investment projects in the Eastern Economic Corridor (EEC). It is named Asia Clean Chon Buri Industrial Estate, located on a plot of 1,300 rai in Ban […]
Read MoreThe ongoing coronavirus outbreak will increase online shopping among Thai customers for fear of contracting the illness in public, while the disruption of supplies from China continues to take a toll on social commerce because of a lack of inventory, says Facebook Thailand. Meanwhile, a new study by Facebook and US-based consultancy Bain & Company […]
Read MoreResidential property market growth this year has been cut to 3-5% from 5-7% following lowered GDP growth forecasts of 1.5-2.5% amid the spread of the recent coronavirus outbreak, says the Real Estate Information Center (REIC). Vichai Viratkapan, REIC’s acting director-general, said the outbreak is a new threat that will have a strong impact on the […]
Read MoreThe new cost management plan will be effective from March 1 and last for six months. Monthly salaries for the airline’s top executives, including the president, will be decreased, said THAI president Sumeth Damrongchaitham. Other related costs such as transport expenses will be cut as well. At least 40 executives will be included in the […]
Read MoreThe atmosphere at NaRaYa, a popular bag retailer at Ratchaprasong intersection, has completely changed during the past several months. Long queues of customers and busy cashiers are sights not seen at the flagship store since the coronavirus outbreak. A similar fate has befallen Big C Supercenter’s Ratchadamri branch, whose Thai souvenir zone on the ground […]
Read MoreThe new land and building tax should have clear definitions for assets, be easy to use and convenient to pay, a legal expert suggests. Kitipong Urapeepatanapong, chairman of legal firm Baker & McKenzie and adviser to the Thai Chamber of Commerce, said the new land and building tax is good, but the problem is communicating […]
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Thailand
