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Thailand: Govt unveils ‘one-stop shop’ app

A new mobile phone application that was designed to be a one-stop shop for tourists planning to visit Thailand was unveiled on Wednesday. Dubbed “TAGTHAi” by its developers at Kasikorn Business Technology Group, the app will be operated by Thai Digital Platform Social Enterprise Co. The app offers access to services provided by 20 state […]

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Thailand: Large companies still dominant locally

The top 5% of companies by revenue account for 85% of Thailand’s business sector revenue, while medium-sized companies have been restricted in funding accessibility and small firms have low productivity, according to the Bank of Thailand’s think tank. Revenue concentration of these large companies has lingered for more than 10 years, said Archawa Paweenawat, principal […]

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Thailand: Festive hype bears hope

Retailers are anticipating improved shopping sentiment during the festive season and are pouring money into marketing to stimulate purchases in 2019’s final two months. The Mall Group, Iconsiam and Future Park Rangsit are increasing their marketing budgets by at least 5% from the same period last year for the retail market’s peak season. Festive campaigns […]

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Thailand: Fuel tariff to be frozen until April

The fuel tariff (Ft) rate will be frozen at 3.64 baht per kilowatt-hour for another four months from January to April next year, marking a 16-month period at the same rate, as the Energy Regulatory Commission (ERC) wants to avoid power prices burdening consumers during a sluggish economy. The ERC approved the continuation of the […]

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Thailand: Changing behaviour, IT hit retail investors’ value

The proportion of retail investors in total market trading value has dwindled by half amid changes in investor behaviour and the advent of high-speed algorithmic trading programs. Montree Sornpaisarn, chief executive of Maybank Kim Eng Securities Thailand, which has the largest market share in Thailand, said high-speed algorithmic trading programs, especially those related to arbitrage […]

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