Customs-cleared exports in January unexpectedly rose for the first time in six months, increasing 3.35% from a year earlier, boosted by higher shipments of gold and oil-related products, the commerce ministry said on Monday. January’s figures compared with a Reuters poll forecast for a fall of 3.0% in shipments, a main driver of Thai growth, […]
Read MoreAfter years of hype, hope and techno-futuristic promises, Thailand will finally see the beginnings of the fifth generation of wireless broadband as the nation’s telecoms bet big on 5G. On Feb 16, the three major mobile operators and two state telecom enterprises bid a combined 100 billion baht at the auction for the spectrum required […]
Read MoreThe Hanoitimes – In the next five years, Vietnam’s contribution will rise to 25% from the current 17% to revenue of Central Retail, said the company’s CEO. Vietnam is a focus market for Central Retail, a subsidiary of Thailand’s retail conglomerate Central Group, after its record IPO of US$8.1 billion, according to Nikkei Asian Review. The […]
Read MoreThe Thai Bankers’ Association (TBA) is set to ask the central bank for a further easing of requirements for loan-loss provisions after banks offered relief measures to customers affected by the coronavirus crisis. “The TBA will discuss additional measures and regulatory barriers, including additional relaxation of loan-loss provisions, with the Bank of Thailand,” said TBA […]
Read MoreThe Federation of Thai Industries (FTI) forecasts 19 industrial sectors will be affected by the coronavirus outbreak in terms of export volume and logistics systems from Thailand to China. Supant Mongkolsuthree, the FTI’s chairman, said the epidemic has both positive and negative outcomes from a business perspective. “Five sectors can take advantage of this situation […]
Read MoreThe country’s car exports in January recorded the lowest volume in 93 months, totalling 65,295 cars, a sharp drop of 20% year-on-year as overall economic sentiment at import destinations remained downbeat from the US-China trade war. On Thursday the Federation of Thai Industries (FTI) reported monthly figures for car production, sales and exports for January. Surapong […]
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