Kasikornbank (KBank) sees the baht rising to 29.25 against the US dollar at the end of 2020, pointing to the US’s structural problems and external uncertainties. The baht is expected to march past 30 to 29.75 versus the dollar in the first half of next year, up from 30.50 predicted at the end of this […]
Read MoreThe direct-to-consumer model is expected to gather steam next year as a new approach for brands to reach customers directly without relying on retailers or the e-marketplace, says Songpol Shanmatkit, chief executive of SET-listed TV Direct, a home shopping operator. Mr Songpol said retail shops are burdened by rental space fees amid the sluggish economy. […]
Read MoreThailand is in the pole position for social commerce in the world, says price-comparing website Priceza, and local merchants should drive towards unique and value-added products to stay competitive in the market. The country’s e-commerce market is expected to continue flourishing, driven by subsidised prices offered by giant e-marketplaces. “Thailand’s e-commerce will continue to grow […]
Read MoreThe recently approved Baan Dee Mee Down, a 50,000-baht cash rebate programme, is unlikely to help boost the country’s property market much because the impact will be limited and fleeting, says the Thailand Development Research Institute. Nonarit Bisonyabut, the TDRI’s senior research fellow, said only limited segments will benefit from the programme because of the […]
Read MoreThe US ranks just ahead of New Zealand as the top market in the world for women entrepreneurs, while Thailand moved up five places from last year to 14th in the latest annual survey by Mastercard. The Mastercard Index of Women Entrepreneurs 2019 identifies the markets where women entrepreneurs are most likely to thrive, while […]
Read MoreThailand’s manufacturing production index (MPI) in October fell 8.45% from a year earlier, dragged down by lower production of cars, petroleum and steel, the industry ministry said on Wednesday. That compared with a forecast of a 4.95% drop in a Reuters poll and September’s revised 5.06% decline. Capacity utilisation was at 62.83% in October, compared […]
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