A SMALL Thai retailer who expands into online sales can boost takings by an average of 51 per cent a year, according to a new report released by an e-commerce platform provider. The shift into “e-tail” has also grown retailers’ customer bases beyond their home markets, especially for lower-income regional sellers based outside the capital […]
Read MoreAlternating drought conditions and flooding in northeastern Thailand are expected to cut paddy production in the region in the 2019-20 crop year by 488,000 tonnes. According to the latest report by the provincial extension offices in 20 provinces of the Northeast, paddy production from the 2019-20 main season is estimated at 12.7 million tonnes, compared […]
Read MoreMercer released today (November 6) the results of its ‘2019 Thailand Total Remuneration Survey’, an annual study identifying key remuneration trends and making hiring and pay increase predictions for the following year. The survey is Mercer’s flagship annual compensation and benefits bench-marking study, with participation increasing to 607 companies this year across various industries. In […]
Read MoreThe Bank of Thailand has relaxed regulations related to exporters’ foreign currency proceeds and foreign securities investment to encourage capital outflows and rein in the baht’s strength. The central bank on Wednesday announced four measures, taking effect tomorrow, to stimulate capital outflows and lessen pressure on the baht. The moves are also aimed at reducing Thailand’s […]
Read MoreDomestic property firms are preparing to launch a joint promotional campaign with the Finance Ministry to stimulate the property market before the year-end. Charnkitt Dejvitak, the vice-minister attached to the prime minister, said properties priced at no more than 3 million baht and bought directly from real estate firms will have the transfer fee and […]
Read MoreBusiness operators are preparing to hold talks with the Finance Ministry and the Bank of Thailand about the strong baht, as the surging currency is estimated to have cost exporters 200-300 billion baht. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) held its monthly meeting yesterday to monitor the economy. Kalin Sarasin, chairman […]
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