Thailand ranked No.1 for internet users engaging in mobile banking, as well as time spent on game consoles, according to the Digital 2020 report. The report was published by We Are Social Inc agency in partnership with social media solutions provider Hootsuite, focusing on digital, mobile and social media trends around the world. Regarding the […]
Read MoreStatistics Indonesia (BPS) has started to include prices of services provided by ride-hailing startups Gojek and Grab, among other new components, in the country’s inflation calculation. BPS head Suhariyanto said on Monday that the agency incorporated the new price components into the country’s consumer price index (CPI) because of their significant economic sizes. “There are […]
Read MoreA seven-month excise tax cut for jet fuel for domestic flights of local airlines, tax breaks for business operators that hold seminars in provinces and hospitality operators that renovate their properties, and a deadline extension for personal income tax return filing will go before the cabinet on Tuesday. The Finance Ministry will propose the new […]
Read MoreOUTSIDE China, Thailand has the largest number of patients infected by the novel coronavirus. Unfortunately, the export-reliant US$500bil economy, South-East Asia’s second-largest, was sickly even before the outbreak of the pneumonia-like illness. That reflects simultaneous blows from the Sino-US trade war, the worst drought in decades and a stubbornly strong currency. Add in Beijing’s newly […]
Read MoreA decision on the tariff rate for non-alcoholic beer is expected this month, says the Excise Department. The Finance Ministry has asked the department to reconsider the rate to be slapped on alcohol-free beer because the details turned in for consideration were incomplete, said director-general Patchara Anuntasilpa. The department also needs to discuss the issue […]
Read MoreKasikornbank (KBank) looks set to use digital banking to make inroads into the regional retail market, tapping higher-yield business. With digital technology, costs for individual customer acquisition have declined significantly, meaning regional retail banking contributes better yields than regional wholesale banking, said co-president Pipit Aneknithi. “We plan to offer a full range of retail digital […]
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Thailand
