Deputy Prime Minister Somkid Jatusripitak has given a deadline to the Eastern Economic Corridor (EEC) Office to speed up contract signings with private companies for the three remaining megaprojects by March. “Schedules to begin construction have been delayed and government plans for these projects are very important for EEC development,” he said. The flagship EEC […]
Read MoreExporters and the Commerce Ministry are concerned the US-Iran conflict may stymie global trade if the standoff worsens. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said a group of exporters is worried tensions in the Middle East will escalate and affect Thailand’s export opportunities to the region, which is an important market. […]
Read MoreFinancial institutions are required to report transactions of customer accounts that hit the e-payment law’s threshold by the end of March 2020, says the Revenue Department. The first information reported will be financial transactions occurring from after the legislation was publicised in the Royal Gazette on March 21, 2019 until the end of this year, said spokeswoman […]
Read MoreFestive spending during the New Year holiday is expected to increase only 1.9% this year, the lowest rate in the 14 years the survey has been conducted, as Thais remain cautious about their spending because of the poor economy. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), Thais’ […]
Read MoreThe cabinet has approved the central bank’s headline inflation target of 1-3% for next year, narrowed from this year’s 1-4% range, a government spokeswoman said on Tuesday. The new target will be in line with the current economic situation and offer more flexibility in monetary policy implementation, Narumon Pinyosinwat told reporters. Speaking to reporters after […]
Read MoreCambodia is among several countries in Southeast Asia where Lebua Hotels and Resorts is planning to expand its operations. Travel industry news site Skift reported this week that the Thailand-headquartered luxury hotel and restaurant operator is planning for a public listing either in Bangkok or Singapore in preparation for its eventual expansion into other parts […]
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